Reports: Rad Power Bikes Cut More Headcount in July
This is the sixth round of layoffs that have hit the e-bike startup since 2021.
Peloton and Google Fitbit Ink Multi-Year Content Partnership
As part of the agreement, Fitbit’s U.S., UK, Canada, and Australia Premium Members can access Peloton classes across strength, Pilates, running, boxing, cycling, Barre, and other categories.
Puma Appoints Managing Director for Gulf Cooperation Council States
Johan Kuhlo was promoted to managing director of the GCC, starting September 1. He will oversee the UAE, Saudi Arabia, Qatar, Kuwait, and Oman and report to Puma CEO Arne Freundt.
Winnebago Makes Transitioning Moves on Executive Leadership Team
Chris West, currently senior vice president of Winnebago Industries enterprise operations and Barletta Boats, has been named president of the Winnebago Outdoors businesses, replacing Huw Bower who is stepping down at the end of August.
Dick’s Sporting Goods Plans New Distribution Center in Fort Worth, TX
Construction on the facility will begin early this fall with a groundbreaking. The building phase is expected to create more than 800 temporary construction jobs. The facility is expected to open in early 2026.
Nordstrom Plans to Open Four New Locations in North Carolina by Spring 2025
In addition to a planned 25,000-square-foot Nordstrom Rack store in Morrisville, NC, the retailer will also open three stores in Mooresville, Raleigh and Matthews, NC this fall and next spring.
Escalade Closes Sale of Mexico Facility and Related Assets
The company has consolidated operations into other Escalade facilities in North America. Proceeds from the sale will be used to reduce the company’s higher cost variable rate debt.
Black Diamond to Launch Partner-Run Mountain Shop with Wilderness Exchange
Wilderness Exchange, a purveyor of specialty outdoor gear and clothing for 25 years in downtown Denver, will launch the first partner-run mountain shop in North America with Black Diamond.
On Holding Sees Q2 Profits Surge on Continued Sales Growth Across Regions, Categories
Total net sales amounted to CHF 567.7 million in Q2 2024, an increase of 27.8 percent year-over-year and 29.4 percent growth on a constant-currency basis. Net income margin increased to 5.4 percent of net sales in Q2 from 0.7 percent in Q2 2023.
Scott USA Appoints Chief Marketing Officer
Matt Heitmann, who has held leadership roles at Signa Sports United, BMC, Canyon Bicycles, USA Cycling, and Backcountry, brings over 25 years of experience in business management, brand strategy, digital and growth marketing, customer service, e-commerce, and business operations, to the role.
Fanatics Expands Partnership with England’s Football Association
Deal sees Fanatics add product licensing rights to eCommerce, stadium retail and merchandising partnership
Crunch to Open Fitness Studio in Louisiana
Crunch Mandeville, the $5 million, 29,000-square-foot fitness facility, operated by franchisee Fit Fusion, LLC, will open in December in Mandeville, LA.
Outtech Adds Acurite to Brand Stable
Outtech, the sales and marketing agency for the outdoor industry, added the manufacturer of weather stations and weather technology for outdoor and indoor home monitoring, to its portfolio of brands.
Deuter to Integrate Packs With HydraPak Hydration Reservoirs and Soft Flasks
Deuter will integrate customized hydration reservoirs and soft flasks designed by HydraPak into a range of its performance backpacks. Deuter expects to release the first product to the market in Spring 2025.
Thorne Names Chief Growth Officer
Former Kate Spade CMO Mary Beech has been named chief growth officer. Beech will reportedly oversee Thorne’s marketing team and e-commerce business from her base in New York. She will report into Thorne CEO Colin Watts.
