SGB Sports & Fitness

Adidas Names New Managing Director of Adidas Korea

Marcus Morent began his career at Adidas in 2005 in the retail finance institutional sector for the EMEA (Europe, Middle East, Africa) region. He later led the retail and e-commerce businesses at Adidas Korea from 2014 to 2019, serving as VP of Latin America, DTC, and, most recently, as CEO of Adidas Colombia.

Lowa Boots Names Trail Run Global Manager

Reinforcing Lowa’s broader commitment to the international growing trail segment, Samuel Grill was appointed as global category manager based at company headquarters in Jetzendorf, Germany.

JD Sports Lands on the Vegas Strip with New Flagship Store

The opening of a new flagship on Las Vegas Boulevard is said to mark JD’s third in the U.S. and its continued “connection to global youth culture in the most influential cities across the U.S.” As of 3 May 2025, there were 339 JD stores across North America (including Canada).

Survey: Retailers Passing Along 51 Percent of Tariff Costs

A survey of  500 U.S. e-commerce executives found that 76 percent had increased the price of goods to mitigate the cost of the new and expected tariffs. On average, retailers are passing along 51 percent of the cost of President Trump’s import taxes on to consumers.

PlayMetrics Merges with Stack Sports

Michael Doernberg, CEO of PlayMetrics, will lead the combined organization as CEO, and Jeff Young, CEO of Stack Sports, will transition to a strategic role as advisor to the board of directors.

Roots Sees Sales Climb 6 Percent in Q1

The Toronto-based retailer slightly narrowed its loss in the first quarter ended May 3 as sales grew 6.7 percent, marking the third consecutive quarter of growth. Founded in 1973, the retailer is known for its apparel, leather goods, footwear, and home furnishings.