Kappa Replaces Spyder As Outfitter Of U.S. Ski & Snowboard Team
Italian sportswear brand Kappa signed a multi-year sponsorship with U.S. Ski & Snowboard to be the official technical apparel partner of the U.S. Ski Team. Kappa replaces Spyder, which had the ski team’s apparel deal for the past 33 years.
April Sales Climb 8.2 Percent Year-Over-Year
The U.S. Census Bureau said overall retail sales in April were up 0.9 percent seasonally adjusted from March and up 8.2 percent year-over-year. That compared with increases of 1.4 percent month-over-month and 7.3 percent year-over-year in March.
ThredUP Releases 10th Annual Resale Report
ThredUP released the results of the 2022 Resale Report that predicts the U.S. secondhand market will more than double by 2026, reaching $82 billion.
TFL Brands Appoints General Manager To Lead GummiShot Energy Gummies
TFL Brands appointed Morgan Mulvihill, a 16-year veteran of Procter & Gamble, to lead GummiShot Energy Gummies as general manager.
St. Croix Rod Appoints Fly Brand Manager
St. Croix Rod announced the hiring of Tom Larimer as fly fishing brand manager.
Obit: Shelby Modell
Shelby Modell, matriarch of the longtime family-owned Modell’s Sporting Goods chain and a noted philanthropist, passed away at the age of 98.
Itochu Secures Reebok’s Rights In Japan
Itochu Corp reached an agreement with Authentic Brands Group (ABG) for rights to distribute market and license Reebok in Japan.
Sellmark Acquires Inforce
Sellmark announced that it had acquired Inforce, a lighting solution brand designed to meet the needs of law enforcement, military, security agencies and outdoorsman.
Slinger Bag Rebrands To Connexa Sports Technologies
Slinger Bag Inc. announced said it has rebranded to Connexa Sports Technologies Inc. to reflect its positioning as a broader connected sports technology company.
On Hikes Guidance On Robust First Quarter
On, the Swiss running brand, raised its outlook for sales and earnings for the current year after reporting first-quarter results that easily topped Wall Street estimates. Net sales vaulted 67.9 percent in Q1 2022 and sales are now expected to grow at least 44 percent in 2022.
Topgolf To Add Two Venues In Pennsylvania
Topgolf Entertainment Group announced it would open venues in Philadelphia and King of Prussia, PA.
Sportsman’s Warehouse Appoints Chief Information Officer
Sportsman’s Warehouse Holdings, Inc. appointed Sruti Patnaik as chief information officer leading its information technology efforts and building out its omni-channel capabilities. She was at Ross Stores.
F45 Training’s Q1 Sales More Than Double
F45 Training Holdings, Inc. reported adjusted EBITDA surged 235 percent in the first quarter ended March 31 as sales climbed 175 percent. System-wide visits increased 6 percent globally to 7.2 million and 37 percent in the U.S.
Big Agnes Opens European Headquarters; Appoints International Operations Manager
Big Agnes announced the opening of its new European headquarters in Amsterdam. The Colorado-based outdoor equipment brand said it will be able to dedicate more resources to directly serve the core European markets. The office is led by International Operations Manager Fred van Drie.
Club Champion Opens 100th Fitting Studio
Club Champion opened its 100th fitting studio and said it’s on track to have 115 studios worldwide by the end of 2022.
