Rad Power Bikes CEO Steps Down
Rad Power Bikes CEO Mike Radenbaugh has stepped down, replaced by Phil Molyneux, who joined the Seattle-based e-bike company as president and COO earlier this year.
Rapha CEO Steps Down
Rapha, the U.K.-based cycling apparel brand, reported that William Kim had stepped down as CEO for personal reasons. He will be replaced by Francois Convercey and Daniel Blumire who were appointed as joint managing directors.
TeamSnap Acquires LeagueSide
TeamSnap, the provider of sports management software and the youth sports online community, acquired LeagueSide, the community sports sponsorship platform.
How To Win Over Customers On Black Friday And Cyber Monday
Discover why sporting goods retailers all over the world use Lightspeed to run and grow their businesses.
1791 Outdoor Lifestyle Group Names VP, Sales & Marketing
Miami-based 791 Outdoor Lifestyle Group hired Evan McNamara as vice president of sales and marketing.
Mastercard Spendingpulse Forecasts 15 Percent U.S. Retail Sales Growth On Black Friday
According to Mastercard SpendingPulse, U.S. retail sales excluding automotive are expected to grow 15 percent on Black Friday compared to last year.
Herschel Supply Opens First Store In the U.S.
Herschel Supply opened its first retail store in the U.S. at 138 Fifth Avenue in New York City.
ICSC: Consumer Spending Expected To Reach $125B On Thanksgiving Weekend
Consumers are approaching the upcoming holiday shopping weekend with optimism, as the new ICSC Thanksgiving Weekend Intentions survey found that consumers plan to spend a total of $125 billion, a 10 percent increase over 2021, even with the holiday shopping season starting earlier this year than in previous years.
Macy’s Debt Upgraded On Improved Performance
S&P Global Ratings raised its issuer credit rating on Macy’s Inc. as the department store chain has delivered solid operating results and deleverage despite a challenging U.S. retail environment.
IHRSA’s 2022 Health Club Consumer Report Shows Slow Recovey
IHRSA’s 2022 Health Club Consumer Report showed lingering impacts from COVID closures and only partial industry recovery even as consumers expand participation in programs to benefit physical and mental health.
L2 Brands Acquired By PE Firm
L2 Brands, the manufacturer of custom apparel and headwear for the collegiate, destination, leisure, and corporate markets was acquired by Sentinel Capital Partners. The financial terms were not disclosed.
Recall: Future Motion Onewheel Electric Skateboards
Future Motion has recalled its Onewheel self-balancing electric skateboards, according to a statement from the U.S. Consumer Product Safety Commission (CPSC).
Fila Resets Innovation And Design Teams In Reorganization
Fila Holdings Corp. announced reorganizing its global teams to support the establishment of its Futura Innovation Team, focused on innovation and sustainability, and Design Team, tasked with developing global product ranges. Key hires include Luca Bertolino, Mikal Peveto, David Bond, Torsten Hochstetter and Paola Loglisci.
Scheels To Open Store In Tulsa
Scheels announced plans to open its first All Sports store to Oklahoma, scheduled to open Fall 2024 in Tulsa.
The Buckle Sees Slight Earnings Decline In Third Quarter
The Buckle Inc. announced that net income for the fiscal quarter ended October 29, 2022 was $61.4 million, or $1.24 per share, about flat with or $62.6 million, or $1.26, a year ago, representing a decline of 1.9 percent. Comps increased 3 percent.
