NPD Report: Golf Equipment Sales Surge Through August
Golf equipment dollar sales grew by 37 percent from January through August 2021 compared to the same period a year ago, reported The NPD Group. Year-over-year sales of golf club sets and balls grew by 37 percent and 27 percent, respectively.
Puma’s CEO Sees Potential To Double Revenues
In an interview with the German-language Handelsblatt newspaper, Bjorn Gulden, Puma’s chief executive, said the sports brand has the potential to double its sales to more than €10 billion to $11.5 billion in the long term.
Run Show USA Event To Be Held In Los Angeles
Raccoon Events announced its third Run Show USA venue has been confirmed for September 24-25 2022, at the Los Angeles Convention Center in Southern California. This is following the launch of its Run Show USA in Boston and Chicago.
Foot Locker Launches Senior Notes Offering
Foot Locker Inc. is launching a private offering of $400 million in aggregate principal amount of its senior notes due 2029. Foot Locker intends to use the net proceeds from this offering for general corporate purposes.
Nike Opens Live Store In Brooklyn
Nike has opened its third Live digitally-enabled concept in New York City in the Williamsburg section of Brooklyn.
Deckers Brands’ Fashion Lifestyle President Departs
Deckers Brands said Andrea O’Donnell has stepped down as president of its Fashion Lifestyle segment, which includes Ugg and Koolaburra, to accept another opportunity.
Ute Mountaineer To Acquire Neptune Mountaineering
Neptune Mountaineering, the outdoor retailer based in Boulder, CO, is being purchased by the owners of the Ute Mountaineer of Aspen, CO.
Hibbett Sports Opens Second Location In Kansas City
Hibbett announced the opening of its second Kansas City store. The store is located at 8678 E. 63rd Street in the Brywood Center, Kansas City.
Golf Rounds Played Decline 7.3 Percent In August
According to Golf Datatech, golf rounds played were down 7.3 percent in August but are still ahead 11.3 perfect year-to-date.
Chrome Industries Appoints President
Chrome Industries announced that Timothy Leedom has been named as the brand’s new president. Leedom most recently served as CEO for Bern Helmets.
Sergio Tacchini Europe Enters Footwear License Agreement With Sugi International
Sergio Tacchini Europe, Ltd. and Sugi International Limited announced that they have entered into a long-term footwear license agreement beginning with the Fall/Winter 2022 season.
Nike’s Q1 Revenues Fall Short Of Wall Street’s Targets
Nike Inc. reported net earnings rose 23.5 percent in the fiscal first quarter ended August 31 as sales grew 15.6 percent. Earnings came in slightly above Wall Street’s consensus targets while revenues were slightly below.
Backcountry To Open First East Coast Store
Backcountry.com has signed an 11,600-square-foot lease to become the anchor tenant at Collection 14, a $130 million, mixed-use redevelopment of the former Martha’s Table headquarters in Washington, D.C.
Boardriders Appoints New EMEA President
Boardriders has named Nicolas Foulet as its EMEA president. Foulet has spent 20 years at Boardriders, which owns Quiksilver, Roxy, Billabong, RVCA, DC Shoes, Element and Von Zipper.
Iconix Brand Group Reaches Deal With Genesco To Create Starter Footwear
Iconix Brand Group Inc. has signed a new three-year licensing agreement with Genesco, Inc. to be the exclusive U.S. and Canadian footwear licensee for Starter.
