Academy Sports Opens Store In Panama City
Academy Sports + Outdoors announced the opening of its Panama City
PGA Of America And Elysian Park Ventures Launch Investment Vehicle
The Professional Golf Association (PGA) of America announced plans to launch a dedicated funding vehicle with Elysian Park Ventures, the investment arm of Major League Baseball’s (MLB) Los Angeles Dodgers, to support golf innovation.
Fanatics Expands Partnership With University of Alabama
Fanatics and The University of Alabama announced a long-term, multifaceted partnership that includes exclusive rights from the University for activation by Fanatics across its digital sports platform.
Whoop Undergoes Layoffs
Wearable fitness technology company Whoop has laid off 15 percent of its workforce as part of a restructuring.
Olympia Sports To Close Remaining 35 Stores
Olympia Sports, the Maine-based sporting goods chain that once had more than 200 stores on the East Coast, is shuttering its remaining 35 stores.
Caleres CEO To Retire Next Year
Diane Sullivan, Caleres’ long-time CEO, will retire effective January 15, 2023. The company announced the news on Monday. Jay Schmidt, president of Caleres, will succeed Sullivan as chief executive officer, with Sullivan moving to the role of executive chairman.
Filson Appoints President
Filson, the Seattle-based outdoor and apparel manufacturer, announced the appointment of Neil Morgan as president of the company.
Luxury Retail’s Momentum Continues Into 2022
Despite record inflation and a plunging stock market, the rebound in luxury spending seen in 2021 has continued into 2022, according to recent reports from Bain and Bank of America (BOA).
Christensen Arms Hires SVP, Sales
Christensen Arms hired Jeremy Rosenberg as senior vice president of sales.
Springfield Armory Announces Vice President Of Sales And LE
Springfield Armory CEO Dennis Reese announced the company hired Phil Rawlings as vice president, sales and LE.
Buck Knives Adds Managers To Teams
Buck Knives announced that outdoor industry veteran Ken Vitale had joined the company as a product manager, while Katie Redman was hired as operations manager.
Lids Opens New College Retail Concept
Lids announced the launch of Lids University (Lids U), a retail concept for collegiate sports products and apparel.
A.K.A. Brands Sees 6 Percent Growth In Second Quarter
A.K.A. Brands Holding Corp. said it expects to show a loss in the second quarter ended June 30 as sales increased 6 percent. Current brands in the A.K.A. Brands portfolio include Princess Polly, Culture Kings, mnml, Petal & Pup, and Rebdolls.
MLB Officially Allowing Ads On Uniforms In 2023
Major League Baseball (MLB) is moving ahead with plans to add uniform and helmet advertising patches on uniforms next season.
Peloton Adds New Corporate Wellness Partners
Peloton added 15 Corporate Wellness Partners to its Corporate Wellness Program, including AARP, Akin Gump Strauss Hauer &Feld LLP, Ben & Jerry’s, Digitas Health, Dropbox, Goodwin, Namely, Nasdaq, Pharmavite, RK&K, SAP, UCB, VICE Media, Vitamix, and Volvo Group.
