Former Athleta CEO to Lead Beyond Yoga as Co-Founder Exits CEO Role
Nancy Green, former CEO and president of Athleta, will join the athletic and lifestyle apparel brand owned by Levi Strauss & Co. as CEO on February 1. Co-founder Michelle Wahler will step down as CEO and COO/CFO Jesse Adams will also depart.
Amer Sports Looks to Raise Over $1.6 Billion in IPO
Amer Sports, Inc., the parent of the Arc’teryx, Armada, Atomic, DeMarini, EvoShield, Louisville Slugger, Salomon, Wilson, and other sports and outdoor brands, launched an initial public offering of 100,000,000 ordinary shares.
Tiger Woods and TaylorMade May be Ramping Up for Sunday Red Debut
Tiger Woods may soon be ready to launch an apparel line and more with equipment partner TaylorMade if recent moves by the company at the U.S. Patent and Trademark Office are any indication.
Golftec Appoints Human Resources Chief
Tom Reilly has held senior roles at Troon as SVP of human resources and as VP of human resources at Indigo Golf Partners.
Macy’s Rejects $5.8 Billion Buyout Offer, Citing Financing Concerns
The retailer’s Board of Directors determined that the unsolicited and non-binding proposal from Arkhouse Management Co. LP and Brigade Capital Management, LP does not constitute a basis to enter into a non-disclosure agreement.
Promountings Acquires Aqua Training Bag
The boxing fitness equipment designer and manufacture has acquired the water-filled training bag brand.
Inov8 Athlete Jack Scott Smashes 268-Mile Spine Race Record
Scott wore one pair of Inov8’s Trailfly G 270 V2 running shoes for the 268-mile race.
Pickleball Kingdom Opening in Tampa
The expansion marks another milestone in the company’s commitment to bring pickleball directly to consumers. Steve Poborka is the local franchisee for the Tampa club.
Imperial Headwear Hires National Sales Director, Golf
Montanye joined Imperial after fifteen years with Adidas Golf, where, for seven years, he was the Eastern U.S. regional manager.
Eastside Golf Closes Seed Funding Round Led by EP Golf Ventures
EP Golf Ventures is an investment partnership between the PGA of America and Elysian Park Ventures, the private investment arm affiliated with the Los Angeles Dodgers ownership group.
Hyperice Casts Wider Net Defending Massage Gun Patent, Files 16 More Suits
The company filed 16 additional lawsuits in Federal Court against Sharper Image, HoMedics, Ekrin Athletics, and more than a dozen others, including retailers CVS, Costco, Walgreens, and Kohl’s, related to the sale of percussive massage guns.
JD Sports Fashion Completes Acquisition of Polish Partner
In the financial year to January 2023, Poland-based Marketing Investment Group generated approximately £270 million in revenue. As of December 30, 2023, MIG operated 403 stores across 13 countries, including 23 JD stores.
Target Shuffles the Executive Deck in Legal, Operations and Merchandising
Michael Fiddelke has been named chief operating officer, effective February 4 and Rick Gomez and Jill Sando will split categories on the merchant side. Additionally, Target announced the upcoming retirement of chief legal and compliance officer Don Liu.
PE Firm Makes First Move to Consolidate Pickleball Brands
Thirty-5 Capital, LLC created and launched United Pickleball Paddles, a subsidiary of its global pickleball investment sleeve, United Pickleball Properties, LLC, and rolled up three brands into the new company.
Census Bureau Sees Core 2023 Holiday Retail Sales Growth in Line with Inflation
Core retail sales during the 2023 holiday season, November and December combined, reportedly grew 3.8 percent versus the corresponding period in 2022, supported by continued inflation and despite high-interest rates.
