Life Time Group Estimates 2024 Revenue Increased in the High-Teens
Net income for the full-year period is estimated to have nearly doubled year-over-year, while Adjusted EBITDA is expected to increase over 25 percent for the year.
Revo Goes Direct to Optometrists with New Sales Structure
Through a partnership with Launchpad Vision, a commercialization services company closely associated with ClearVision Optical, gives Revo direct access to work with optometrists and their patients worldwide.
Report: Americans Still Focused on Health and Fitness Goals for the New Year
As the new year begins, a nationwide survey conducted by the Health & Fitness Association (HFA) revealed that health, fitness and exercise remain top-of-mind on Americans’ New Year’s resolution lists.
Puma x Rhianna Redesign the Avanti
At the forefront of the low-profile trend, Puma x Rhianna drew inspiration from its archive across various styles including the Speedcat, the Mostro and the Avanti LS.
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.
Callaway Golf Partners with Five Iron Golf to Launch Callaway Tour Fitting
Through the agreement, all Five Iron coaches become Callaway Certified Fitters, and becomes the first indoor golf brand to globally offer tour-level fittings backed by certification from Callaway at all venues.
L.A.B. Golf Bolsters Leadership Team
Robert Johnson joins the company as president. Headquartered in Eugene, OR, the company’s patented technology eliminates torque to give golfers the ability to repeat their golf stroke.
Big 5 Sporting Goods Narrows Q4 EPS Guide After Comps Fall 6.1 Percent
The company now expects to report a loss per basic share in the range of 94 cents to 97 cents for Q4, which compares to previous guidance for a loss per basic share in the range of 80 cents to $1.05.
Under Armour Renews Global Eyewear Licensing Agreement with Safilo Group
Through the renewed agreement until 2031, the companies will offer sunwear and prescription eyewear solutions that support athletes on and off the field.
Cotton Inc. Promotes William Kimbrell to President and CEO
The 22-year veteran of Cotton Inc. was executive vice president and chief operating officer before his promotion to CEO and president in November.
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.
CNBC/NRF: Retail Monitor December Retail Sales Jump; Sporting Goods Rebounds
Core Retail Sales, excluding restaurants, auto dealers and gas stations, rose 2.2 percent m/m in December and up 8.4 percent y/y. That compared with a decrease of 0.19 percent m/m and an increase of 1.4 percent y/y in November.
Veo Strip Appoints Nike Veteran as Company’s First CEO
The company that created a product to prevent sweat from affecting an athlete’s vision during physical activity has tapped former Nike executive Tom Kelley as its first CEO.
Purpose Brands Appoints Brand President for Orangetheory Fitness
Lauren Cody assumes the role on January 27, with Orangetheory Co-founder and CEO Dave Long fully transitioning to co-chair of the Purpose Brands board, where he will serve as a strategic advisor to the Orangetheory brand leadership team.
Zumiez Inc. Cuts Guidance as Mid-Singles Holiday Comps Growth Falls Short
Based on results for the holiday period, the company anticipates fiscal 2024 fourth-quarter net sales come in between $275 million and $277 million, compared to its previous guidance range of $284 million to $288 million.
