Yonex Appoints President Of North America Operations
LaNiece Douglas’ hire “will support Yonex’s stepped-up plans to expand in the U.S.” She was VP of and head of U.S. retail for Adidas since 2020.
Adidas, Shoe Palace and Skechers Stores Hit by LA Looters
An Adidas store in downtown Los Angeles on Broadway and Shoe Palace on Main Street, were hit by looters Monday night, June 9, as the civil unrest following days of anti-ICE protests continued overnight.
Orvis to Close Chicago Store
The storefront, located on the Magnificent Mile, will close on July 24, after two decades, “due to the changing retail landscape on the Magnificent Mile.”
Arc’teryx, Atomic, Keen, Vuori, and Gregory Top REI Vendor Partner of the Year Honors
Established in 1993, REI’s Vendor Partner of the Year awards program “honors brand partners that demonstrate remarkable philosophy and partnership with the co-op and that drive impact for the outdoor industry.
Industry Nine Acquires We Are One Composites
Industry Nine, based in Asheville, NC, is known for its hub and wheel systems while We Are One, based in Kamloops, BC, is known for its hand-laid carbon rims. By bringing the companies together, they are better positioned to “engineer exceptional products and push the boundaries of what’s possible for the cycling community.”
Birkenstock Expands Retail Presence in the Netherlands
This opening builds on Birkenstock’s growing retail presence in the Benelux region. After taking over direct operations in the Netherlands, the brand continues to strengthen its connection locally.
Beachbody Secures $35 Million in Funding from Tiger Finance
The three-year loan facility enabled the El Segundo, CA-based fitness and nutrition company to retire $17.3 million of outstanding debt while increasing its capital balance by approximately $5 million.
Warbird Marine Holdings Names New CEO
The parent of Invincible Boats and Yellowfin Yachts appointed Thomas Wieners, COO, as CEO. John Dorton, current CEO who formed Warbird Marine Holdings in partnership with EagleTree Capital in 2019, transitioned to the role of executive chairman.
True Movement Acquires Mancino Mats
True Movement Tech, known for its trampolines, acquired Mancino Manufacturing Co., Inc., a U.S.-based manufacturer of safety padding and equipment for gymnastics, cheer, martial arts, and other sports facilities.
Woolrich Appoints New CEO
Lorenzo Flamini’s appointment comes as the Baoxiniao sale marks a new company strategy focused on consolidating its presence in Europe and accelerating growth in the Asia-Pacific region, which currently accounts for around 5 percent of its global business.
Academy Sports and Outdoors, Inc. Sees Profits Sink on Comp Sales Decline
Academy Sports and Outdoors, Inc. reported first-quarter earnings and sales that came in below analyst targets. The sporting goods chain widened its guidance for the year to account for potential additional pressure on earnings in the second half tied to inflation.
LIV Golf Appoints Chris Heck as President, Business Ops
The former President of the English Premier League’s Aston Villa FC, the National Basketball Association’s Philadelphia 76ers, and Major League Soccer’s New York Red Bulls brings over 30 years of industry knowledge and commercial success to the first global golf league.
Champion Inks Licensing Deal with NFL
Adding to its portfolio of league partnerships, which already includes the NHL, MLB and PLL. Champion will debut the partnership with a drop of exclusive, limited styles for the NFL at Fanatics Fest NYC, held at the Jacob K. Javits Convention Center June 20-22.
Club Champion Fitting Studio Opens in Golfinity Austin
The integration with Club Champion enables Golfinity to expand its performance offerings and deliver a more comprehensive golf experience for customers. This single-bay concept within an existing golf business is a new concept for Club Champion, and Golfinity Austin will serve as a test market.
Twin Vee PowerCats Acquires Bahama Boat Works
Twin Vee said it plans to elevate the Bahama Boat Works product by “seamlessly integrating” Twin Vee’s innovation and engineering expertise. The key to this transition is the continued involvement of Bahama’s master boat builder, Scott Henley, who is “one of the most prolific and respected figures in the marine industry.”
