Pvolve Set to Open Third Franchise Location in Connecticut
The company signed an agreement with Christine Friedman Partouche to bring two new studios to Fairfield County, CT, marking the company’s third franchise location in the state.
Topgolf Breaks Ground on Grand Prairie, TX Venue
The new venue is set to open in late 2025. This will be the 15th venue in Texas and the fifth in the Dallas-Fort Worth metroplex for the company.
Report: 2024 Holiday Online Spending Sets New Record; Sporting Goods Up Big
Strong discounts this season also drove consumers to purchase higher-ticket items in categories such as electronics, appliances and sporting goods. The share of units sold for the most expensive goods was up 54 percent in sporting goods.
G/Fore Appoints Suzy Biszantz as CEO
With over twenty-five years of brand leadership experience, Suzy Biszantz has worked in luxury, athletic, contemporary, and menswear apparel. Most recently, she was the group president at Centric Brands for its men’s and women’s platforms.
Former Ross Bicycles CEO Randy Ross Passes Away
When he led the brand, Ross Bicycles sponsored the first professional mountain bike race team, the Ross Indians. Ross also sponsored events that helped the sport develop in the 1980s, and the company’s bike line was one of the first mass-produced mountain bikes on the market.
Therabody Partners with Garmin to Bring Smarter Recovery Solutions to Athletes
“To be able to combine Garmin’s best-in-class health and activity data with Therabody’s excellent recovery routines will provide uniquely personalized recovery recommendations that are not available with any other wearable integration today.” —Monty Sharma, president and CEO, Therabody.
Newton Golf Company Appoints CFO
Ryan Stearns brings over two decades of financial expertise working in public and private sectors. His extensive experience in mergers and acquisitions, capital funding and financial process optimization will “position him to make an immediate impact.”
Report: Holiday Retail Return Rate Jumps 28 Percent as U.S. Sales Reach $282B
Salesforce is reporting that the data in its system shows that holiday retail sales surged to a record $1.2 trillion globally and $282 billion in the United States, but high returns could dampen retailer overall profit margins.
EXEC: SGB 2025 Look Ahead with Active Lifestyle Market Leaders
Leaders in the active lifestyle space expressed cautious optimism about 2025 with inflationary pressures easing, supply chains largely normalized and generally healthy interest in sports. Insights from Academy Sports, Brooks Running, Rawlings, Fleet Feet, Selkirk Sport and others.
Five Iron Golf Co-Founders Invest in Tiger’s New York Golf Club
TGL, co-founded by Tiger Woods and Rory McIlroy’s TMRW Sports, received an investment from Five Iron Golf Co-Founders Jared Solomon, CEO and Katherine Solomon, chief legal officer, to drive excitement around New York Golf Club and TGL.
Camelbak, Bell/Giro Parent Revelyst Completes Sale to Financial Firm
The parent of Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, Simms Fishing was acquired by SVP in an all-cash transaction based on an enterprise value of $1.125 billion.
Famed Golf Club Designer Richard Parente Passes Away
As the first President of Callaway Golf, Parente was instrumental in creating the first production-milled putters and the S2H2 designs. He pioneered the first milled driver heads and developed AVDP, a lightweight grip-and-shaft system designed for faster swinging irons and drivers. Parente has over 30 golf patents.
Perfect Moment Enlists Sales Agencies in Southern Europe and Japan
These new Southern Europe and Japan agencies partnerships with TBrand and Maison DixSept follow Perfect Moment’s recently announced North America sales agency partnership with CD Network.
EXEC: SGB 2025 Look Ahead with Trade Association Leaders
Trade associations representing the active lifestyle space shared their concerns with SGB Executive regarding potential tariffs, supply chain disruptions and the likelihood of an unstable economy in 2025. However, they were generally upbeat about the year ahead.
EXEC: SGB 2024 Year in Review Wrap Up
If you are just back from two weeks in Fiji, never fear as SGB Media has you covered on the people, brands and issues that made 2024 a year to forget for many retailers and brands in the active lifestyle space.
