Report: Kohl’s Close To Naming New CEO
Kohl’s Corp. is in late-stage talks to name Tom Kingsbury as CEO, the New York Times reported on Wednesday, citing two spokespersons familiar with the conversation.
Golf Equipment And Apparel Retail Sales Reported To Surpass $20 Billion In 2021
The World Golf Report 2023, a study from Golf Datatech and Yano Research Institute, found that the worldwide golf equipment and apparel market grew over the pandemic to reach $20 billion, encompassing the $11.1 billion equipment and the $8.9 billion apparel sectors, respectively.
Boot Barn Slightly Lowers FY Guidance As Q3 Profits Fall
Boot Barn Holdings, Inc. slightly lowered its earnings guidance for its fiscal year ended March 31 while reporting third-quarter profits declined 23.7 percent on a 3.6 percent same-store sales decline. Third-quarter results were in line with a pre-announcement provided in early January.
Dick’s SG Store Closes In Columbia, SC
Dick’s Sporting Good store in Columbia, SC, located at 10204 Two Notch Road, is permanently closed.
Nike To Open Store In Bethesda, MD; Georgetown Flagship Closes
Nike plans to open a store in Bethesda, MD, which follows the closure of its Georgetown flagship on January 20 over lease issues.
Outdoor Recreation Roundtable Releases 2022 Annual Report
The Outdoor Recreation Roundtable released its 2022 Annual Report outlining what it said was an “incredible year for the record-breaking $862 billion outdoor recreation industry.”
Industry Analyst Matt Powell To Launch Consulting Firm
Matt Powell, VP and senior industry advisor for sports at The NPD Group, shared with SGB Media, that he is leaving the company to start a consulting firm called Spurwink River.
Fitness Chains Dominate Entrepreneur’s Franchise 500 Ranking
Planet Fitness, F45 Training, Crunch, Orangetheory Fitness, and Anytime Fitness were the top-ranked fitness chains, among others, that landed on Entrepreneur’s Franchise 500 rankings for 2023.
Dunham’s Sports Set To Re-Open Storefront In Escanaba
Dunham’s Sports is scheduled to reopen its remodeled store in Escanaba, MI on January 27 with over three times the floor space as the previous footprint.
The Athlete’s Foot Expands Marketing Team
The Athlete’s Foot promoted Darius Billings to VP of marketing and community engagement for its Strategic African American Retail Track Program and Cassidy Dansberry to marketing manager, effective immediately.
Nike Partners With Longwood University
Nike plans to enter into a multiyear partnership with Longwood University, based in Farmingdale, VA, effective July 1, 2023, replacing Adidas as its athletic outfitter.
Fila Names New President For North American Subsidiary
Korea-based Fila Holdings named Todd Klein as president of its North American subsidiary Fila USA, Inc, following the retirement of Jennifer Estabrook.
SHOT Show Attendance Back To Pre-Covid Levels
The 45th SHOT Show was held last week with more events and exhibit space than ever before. Strong attendance, enthusiastic buyers and sellers, and a series of packed special events that collectively made up “SHOT Week” resulted in one of the top-rated SHOT Shows to date.
On Launches Global Running Event Series
The Swiss sports brand On reported launching a global running event series, “On Track Nights.” Scheduled to begin in May, the series will span three continents and five cities.
Lululemon And Garmin Land On Glassdoor’s Best Places To Work List
Lululemon And Garmin were the only two companies in the activewear space to make it on Glassdoor’s 2023 Best Places to Work list.
