Golf Rounds Played Surge In May
Rounds of golf played in May jumped by 10.0 percent on a national level year-over-year and are now running up 5.5 percent for the first five months of 2023, according to Golf Datatech.
Teton Gravity Research To Open Boulder Flagship
Teton Gravity Research (TGR) announced it is opening a flagship store in downtown Boulder, CO, on June 30, in the Pearl Street Mall at 1420 Pearl Street, selling its lifestyle apparel and optics.
SportsShoes.com’s Q1 Sales Climb 20 Percent
U.K.-based SportsShoes.com reported revenues increased 20 percent in the first quarter ended May 31 to £83.8 million ($107 mm).
Report: Asics Cutting Ties with Smaller U.K. Specialty Retailers
Independent sports retailers in the U.K. are reportedly reeling from a move Asics Corp. is making to narrow its distribution in the region. In a recent article published by The Guardian, Asics was said to be “cutting off supply to hundreds of small U.K. outlets…”
Columbia Sportswear Sues Softstar Shoes Over Use Of Omniflex Name
Columbia Sportswear filed a federal lawsuit alleging trademark infringement against Softstar Shoes, the minimalist footwear brand based in Philomath, OR, over its use of the Omniflex name.
OrthoLite Names General Manager Of India
OrthoLite hired Vikash Bajargyan as the general manager of OrthoLite India to include leading manufacturing and business development, establishing and managing relationships with brands and Tier 1 factory partners.
Gaia Announces Addition And Changes To Executive Team
Yoga-streaming company Gaia, Inc. hired James Colquhoun as chief operating officer and promoted Kiersten Medvedich to president. Ned Preston was hired as chief financial officer, replacing Paul Tarell, who resigned to pursue other interests.
Camping World Makes Key Hires To Field Operations Leadership Team
Camping World Holdings, Inc. reported adding key hires to its field operations leadership team.
Woom Names New CEO
Woom, the Australian bike manufacturer, promoted Paul Fattinger to the CEO. The leadership realignment follows the appointment of Kasper Rørsted as chairman of Woom’s Advisory Board and the creation of a new department for innovation. Mathias Ihlenfeld, the former Co-CEO and founder of Woom USA, has shifted his focus to the North American market and heads up the U.S. team.
Yeti Expands Credit Line
Yeti Holdings, Inc., in a regulatory filing, said it amended its credit agreement to increase the company’s commitments under the revolving credit facility from $150 million to $300 million.
Mike Ashley Returns To Frasers Group As Consultant
Mike Ashley has reportedly returned to his founding company Frasers Group, the parent of Sports Direct, as a consultant. Ashley, who owns 69 percent of the company, stepped down from the top position last year, later appointing his son-in-law Michael Murray as CEO.
Safilo Group Renews Tommy Hilfiger Eyewear License Through 2030
Safilo Group executed an early renewal of its global licensing agreement with Tommy Hilfiger, which is owned by PVH Corp., for the design, manufacturing and distribution of Tommy Hilfiger-branded sunglasses and optical eyewear collections until December 31, 2030.
LaserTek Solutions Named Master Distributor For Stahls’
Stahls’ announced LaserTek Solutions as a new Master Distributor for Cad-Cut HTV and Hotronix heat presses.
U.S. Supreme Court Won’t Hear Nike, Adidas Patent Dispute
The U.S. Supreme Court on Monday sidestepped Nike, Inc.’s appeal in a long-running sneaker design dispute with Adidas AG, declining to consider whether a tribunal can nix a patent based on grounds not raised by the parties. The justices passed over Nike’s claims that the Patent Trial and Appeal Board wrongly stripped it of a patent covering shoelace holes in knitted sneakers.
Topgolf To Open In St. Petersburg
Topgolf will open its St. Petersburg, FL venue on June 30, marking its 90th location and its eighth venue in Florida.
