Avenue Sports Fund and Playmaker Fund Partner to Source and Fund Sports Opportunities
The Fund’s athlete team includes Stephen Curry, Lauren Holiday, Harry Kane, Candace Parker, Michael Strahan and Lindsey Vonn.
Nike Taps Makeup Artist and Creator to Reimagine the Air Max Dn Silhouette
Isamaya Ffrench, the British makeup artist and creator, worked with Nike on creating new colorways of the latest Nike Air Max Dn.
Rally House Opens New Storefront in Minneapolis
Rally House Maple Grove Crossing opened on November 27. The retailer entered the Minnesota market this year with its first store in Tamarack Village in Woodbury. Today, it operates five stores in the state.
The Lycra Company Introduces Lycra EcoMade Bio-Based Fiber
The company will launch its bio-based Lycra EcoMade Fiber at the ISPO Munich trade fair, which will take place from December 3 to 5, 2024. Live!, the sustainable clothing brand’s Upfit capsule collection, includes leggings, a top, and a jumpsuit made with Lycra’s bio-derived EcoMade fiber.
Sprung Gym Flooring Opens Ireland Headquarters
The provider of gym flooring solutions said the office, located in Sandyford, Dublin, will serve as the company’s headquarters in Ireland, to support demand for its gym flooring product line across commercial and residential sectors.
Topgolf Breaks Ground on New Ohio Location
Topgolf has broken ground on a two-level venue located in Avon, OH, approximately 20 miles west of downtown Cleveland. This will be the fifth Topgolf venue in Ohio.
Boston Pickle Club to Open Second Facility in Norwell
The indoor pickleball facility will open in December in Norwell for the South Shore community. This is the company’s second indoor club. The first location is in Boston’s Hyde Park.
Puma Signs Long-Term Partnership With the Portuguese Football Federation
Starting in 2025, Puma will equip all male, female and youth teams as well as the Federation’s futsal, beach football and E-Sports teams.
Burlington Stores, Inc. Appoints Former Staples CEO to Board
Shira Goodman, former CEO of Staples, Inc., will join Burlington Stores Board of Directors and Audit Committee effective January 1, 2025.
Rally House Opens New Stores in Indiana, Arkansas and Philadelphia
Rally House and Sampler Stores, Inc. the family-owned specialty retailer that represents local NCAA, NFL, MLB, NBA, NHL, and MLS teams has opened three new stores in Noblesville, IN; Fort Smith, AK; and Philadelphia PA.
Nordstrom Beats Street Estimates for Q3 on DD Growth in Women’s Apparel and Active
In the third quarter, Nordstrom saw women’s apparel and active post double-digit growth, while shoes, men’s apparel and kids were up in the mid- to high-single-digits versus Q3 2023. Growth in women’s apparel, shoes and men’s apparel reportedly accelerated sequentially from the second quarter.
EXEC: Sports Direct Parent Set to Acquire South Africa’s Holdsport Group
Frasers Group, the parent of UK-based Sports Direct, has closed on an agreement to acquire South Africa-based Holdsport Group from Old Mutual Private Equity and Holdsport’s management.
Kohl’s Snags Ashley Buchanan from Michael’s as New CEO; Kingsbury Signals Exit
Company CEO Tom Kingsbury plans to step down as CEO, effective January 15, 2025. He will stay remain in an advisory role to Kingsbury and retain his position on Kohl’s Board of Directors through his retirement in May 2025.
The NFL Signs Licensing Agreement with Bettinardi Golf
The collaboration will introduce officially licensed NFL-branded Bettinardi products to market for the NFL’s 32 teams, including putters, wedges, irons, ball markers, divot tools, putting cups, cigar trays, and headcovers.
Kohl’s Shares Plunge 17 Percent as CEO to Exit and Q3 Results, Holiday Outlook Disappoint
The mid-tier retailer’s outgoing CEO Tom Kingsbury said in a Tuesday, November 26, media release that third quarter results did not meet expectations as sales remained soft in the retailer’s apparel and footwear businesses.
