Life Time Inks Lease Agreement for Urban Country Club at 10 Bryant in NYC
The planned four-floor 52,000-square-foot Life Time athletic club will be housed within the 30-story tower located directly across from Bryant Park and the New York Public Library.
Archon Firearms Streamlines U.S. Operations
Archon Firearms USA will oversee all import, distribution and customer service for U.S. dealers and customers. The company expects to complete the transition from PTR Industries to Archon Firearms USA in August.
Sons of Liberty Gun Works Appoints VP, Sales & Marketing
Sean Murphy is an industry veteran with extensive experience in the firearms industry, having held roles in sales, marketing, training, and product management at KGM Suppressors and Nightforce Optics.
Eastside Golf Expands Into Australia and New Zealand with New Distribution Deal
The brand’s regional debut includes a soft launch of its Core collection. TheFall 2025 collection will be its first full seasonal prebook in the market, supported by a curated group of golf, streetwear and lifestyle retailers.
JD Sports Opens First Canadian Flagship
The Robson Street store is JD’s first exterior street-front location in Canada and features the largest LED display in JD’s Canadian footprint, a DJ booth, and shop-in-shops for Nike, New Balance and Adidas brands.
Dick’s SG Sees Strong Response to Foot Locker Debt Exchange Offer
The retailer reported that 92.5 percent of Foot Locker’s note holders have agreed to exchange their debt for Dick’s notes as part of an early tender offer. The debt swap supports the retailer’s acquisition of Foot Locker.
Nike Settles Lawsuit with “The Shoe Surgeon” Over Trademark Infringement
The case, which began in 2024, centered on the practice of custom designer Dominic Ciambrone, also known as The Shoe Surgeon, deconstructing Nike shoes and rebuilding them as luxury customizations.
Revelyst Closes Bushnell Factory Outlet in Kansas
The parent of Bushnell, closed the brand’s factory outlet in Lenexa, KS, after 25 years in operation. Last year, Revelyst also closed Bushnell’s HQ in Overland Park, KS, and consolidated many of its outdoor performance brands into one office in Bozeman, MT.
Belgian Cycling Factory Retains New International Distributors
The owner of bike brands Ridley, Eddy Merckx, Nukeproof, and Aeres, signed with several new distribution partners across Europe, the Middle East, the Americas, and Asia.
Sturm, Ruger Adds Leupold & Stevens CEO Bruce Pettet to Board
Bruce Pettet, president and CEO of Leupold & Stevens Inc., the manufacturer of telescopic sights, red dot sights, binoculars, rangefinders, spotting scopes, and eyewear located in Beaverton, OR, will serve as an independent director.
Report: International Summer Travel to U.S. Western Resorts Continues to Weaken
Despite some recovery in financial markets and economic indicators, bookings for summer vacations remained stable, while bookings from international visitors entering the U.S. from Canada, Western Europe, and Mexico continued to decline.
Nike Board Member Plans to Retire from Board
Cathleen Benko, a former leader in Deloitte’s “Digital Giants” practice, plans to retire as a member of Nike’s Board of Directors, effective as of the company’s 2025 annual meeting of shareholders.
Fanatics Establishes Operations in the Middle East
The Middle East office in Doha, Qatar will serve as a hub for operations across the Fanatics enterprise and host members from various departments.
Orvis Cites Tariffs in Latest Layoff Talk
The company plans to lay off 4 percent of its workforce, or at least 50 employees, by the end of the year due to the impact of tariffs. Orvis President Simon Perkins said the “Tariffs disrupted our business model in ways we haven’t faced before and have exposed a clear path to solidifying our long-term future.”
Fabletics Appoints President and Chief Marketing Officer
The operater over 100 stores, announced the expansion of Meera Bhatia’s role from chief operating officer to president and chief operating officer and the promotion of Carly Gomez to chief marketing officer.
