IHRSA Expands Leadership Team
IHRSA announced that Jeffrey Solsby would join the fitness trade group, effective October 12, as senior vice president of communications.
Target Names Chief Digital And Product Officer
Target Corp. hired Prat Vemana as executive vice president, chief digital and product officer, effective October 31, reporting to chief guest experience officer Cara Sylvester.
3Step Sports Acquires Patriot Lacrosse Club
3Step Sports, the youth sports club and event operator, acquired Patriot Lacrosse Club, adding the youth training and development organization to its lacrosse division.
Evo Announces Promotion And New Hire
Evo announced that Rebecca Heard, vice president of brand, marketing and e-commerce, had been promoted to chief marketing officer. Katie Little, formerly working for Lululemon, was hired as director of stores, U.S.
Buffalo Groupe Acquires Sports Marketing Surveys USA
Buffalo Groupe, LLC, a collection of agencies, events and media properties, acquired Sports Marketing Surveys USA. The acquisition builds on Buffalo Groupe’s acquisition of Longitudes Group in January 2021.
Helen Of Troy’s Home & Outdoor Segment Q2 Growth Boosted By Osprey Acquisition
Helen of Troy reported sales at its Home & Outdoor segment, which includes OXO, Hydro Flask and Osprey, increased 11.8 percent in its second quarter ended August 31 to $240.6 million. Gains from the acquisition of Osprey were partially offset by a decrease from organic business of 9.0 percent, driven by a decline in sales in home-related categories. Helen of Troy reduced its outlook for the year.
NICS Firearms Background Checks Slide 7.9 Percent In September
The September 2022 NSSF-adjusted National Instant Criminal Background Checks (NICS) fell 7.9 percent to 1.24 million compared to the September 2021 NSSF-adjusted NICS figure of 1.35 million.
Amazon Freezes Corporate Hiring In Retail Segment
Amazon has halted all corporate hiring for its retail business through the end of 2022, according to an internal announcement obtained by The New York Times.
P.volve To Open First Canadian Fitness Studio
P.volve, the women’s fitness studio, announced it would open its first Canadian studio in Victoria, BC’s Hudson District, in the spring of 2023.
REI To Permanently Close On Black Friday
REI Co-op announced it would permanently close all its stores, including its distribution centers, activity centers, call centers, and headquarters on Black Friday; however, it is accepting customer online orders at REI.com, with order processing and fulfillment not beginning until the day after Black Friday.
IFit Hires New CEO
IFit, Inc., the parent of NordicTrack, hired Kevin Duffy as chief executive officer, effective immediately. Previously, he was CEO of Sound United, parent of the Bowers & Wilkins and Denon audio brands.
Clarus Board Approves Share Purchases By Thrivent Asset Management
Clarus Corporation’s Board of Directors approved Thrivent Asset Management, LLC’s move to increase its beneficial ownership in Clarus up to an aggregate of 9.9 percent of the company’s outstanding common stock.
Academy Sports Opens New Store In Indiana
Academy Sports + Outdoors will officially open a new store in Jeffersonville, IN, located at 1600 Veterans Pkwy, in the Jeffersonville Town Center, on October 7.
South Korea’s Naver To Buy Poshmark For $1.2 billion
South Korean Internet giant Naver agreed to acquire Poshmark, the U.S.-based online resale platform, for roughly $1.2 billion. Naver is paying $17.90 per share in the all-cash deal. Poshmark closed Monday at $15.57.
Karl’s Fishing & Outdoors Opens Second Retail Store At Mall Of America
Karl’s Fishing & Outdoors opened its second brick-and-mortar storefront at the Mall of America in Bloomington, MN. The 2,000-square-foot space follows the recent opening of its first store location in Fort Worth, TX.
