SGB Outdoor

Academy Sports & Outdoors HQ And Distribution Center Sold For $190 Million

Mirae Asset Global Investments, based in Seoul, South Korea, has purchased the headquarters campus of Academy Sports + Outdoors in the West Houston, TX suburb of Katy. Phoenix-based Tratt Properties sold the 1.5 million-square-foot campus, which is triple-net leased to Academy Sports on a long-term lease, for $190 million.

Lululemon Announces Plan To Double Revenue By 2026 To $12.5 Billion

Building on the momentum of the last three years and having successfully delivered its overall revenue and earnings goals early, Lululemon Athletica, Inc. announced a new Power of Three ×2 growth strategy that includes a goal to double its 2021 revenue of $6.25 billion to $12.5 billion by 2026.

Powdr Names President Of Woodward

Powdr announced that Chris Gunnarson is president of Woodward, which includes Woodward PA, Woodward Copper in Colorado, Woodward Tahoe, and Woodward West in California. The position was created to unify the Woodward brand.