EXEC: Authentic Taps Sports Casuals as Reebok Golf Apparel Partner
Target Maintains 2024 EPS Guide, Posts 2 Percent Holiday Comp, Shifts Leadership Team
EXEC: New Balance Rides Consumer Energy and Retailer Support to Reach $7.8B in 2024
CNBC/NRF: Retail Monitor December Retail Sales Jump; Sporting Goods Rebounds
EXEC: JD Sports Fashion Reports 3.4 Percent Organic Sales Growth for Holiday
SGB Update
Bill Sells, SVP Government & Public Affairs at the SFIA, to Retire
During his 20-year tenure with the SFIA, Sells has been a leading voice on Capitol Hill. He has championed critical initiatives that have helped shape the sports and fitness industry and has directed successful legislative campaigns and policy initiatives.
Amer Sports Sees Return of Former Communications and IR Chief Päivi Antola
Antola is returning to Amer Sports after leading corporate communications and investor relations from 2010 to 2018. She will join the company in April 2025 at the latest.
Pickleball Kingdom to Open in Hendersonville, TN
The Hendersonville facility spans nearly 39,000 square feet of climate-controlled play conditions, a mezzanine, a community room, a pro shop, and amenities to enhance the player experience.
Xponential Fitness Promotes Kawaja, Adds Franchising Vets to Leadership Team
John Kawaja has been promoted to president of North America, Tim Weiderhoft was hired as COO of North America, and Kevin Beygi was hired as chief technology officer. Eric Simon is also slated to join as chief development officer on January 20, 2025.
Target Maintains 2024 EPS Guide, Posts 2 Percent Holiday Comp, Shifts Leadership Team
Holiday sales were reportedly driven by a nearly 3 percent increase in traffic, representing gains across both stores and digital channels. During November and December combined, digital sales grew nearly 9 percent over the 2023 period.
SGB Executive
EXEC: Authentic Taps Sports Casuals as Reebok Golf Apparel Partner
With SCI as Reebok’s apparel partner, the brand now has a head-to-toe softgoods offering, with Reebok Design Group, the brand’s global hub for design, development and innovation, handling the creation and distribution of golf footwear.
EXEC: KT Tape Acquired by Consumer Healthcare Investment Platform
Founded in 2008, KT Tape has manufactured drug-free solutions to prevent and relieve pain and promote recovery. Palladin Consumer Retail Partners, previously known as Palladin Capital Group, acquired KT in 2014.
EXEC: New Balance Rides Consumer Energy and Retailer Support to Reach $7.8B in 2024
Company CEO Joe Preston, speaking at the NRF Big Show, said sales at the 118-year-old company are poised to grow another 20 percent in 2025 after increasing 20 percent to $7.8 billion in 2024.
EXEC: 361 Degrees Owned-Retail Growth Accelerates in Q4 as E-Commerce Jumps
361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded product increased ~ 10 percent year-over-year for the fourth quarter of 2024. E-commerce product recorded sales growth of ~ 30 percent to 35 percent.
EXEC: JD Sports Fashion Reports 3.4 Percent Organic Sales Growth for Holiday
On a year-to-date (YTD) basis through January 4, comp sales revenue was flat, and the company said it expects full-year comp sales revenue to be at a similar level as the YTD trend.
