NPD Report: Backcountry Equipment Sales Decline Against Tough Comparisons
Revenue from backcountry accessories, which includes skins, beacons, probes, and avalanche shovels, were down 14 percent during the season-to-date (August to December 2021) period after growing by 90 percent during the same period last year, according to The NPD Group.
Golftec Opens Location Outside Montreal
Golftec announced the opening of an instruction and club fitting center, Golftec St-Hubert, located outside of Montreal.
PGA Of America Chooses Technogym As Its Official Training Equipment Supplier
Technogym announced a multi-year partnership to become the Official Training Equipment Supplier of the PGA of America.
Scheels Debuts Its First Super Bowl Commercial
During last night’s Superbowl, Scheels debuted its first television ad with a 30-second spot that aired in all Scheel’s markets, and a longer 90-second spot is now showing on its website.
Beachbody’s Chief People Officer Joins Bionano Genomics
Bionano Genomics, Inc. appointed Helene Klein, formerly chief people officer at the Beachbody Company, to the same role.
F45 Acquires Equipment Packs To Support Expansion
F45 Training Holdings, Inc. announced that the fitness franchisor has increased its purchase of equipment packs to support expected global franchisee demand. As a result, the company will have approximately 1,200 equipment world packs ready for delivery in 2022, including world packs received year-to-date.
Bikeco Opens New Headquarters And Larger Distribution Center
BikeCo LLC, distributor of Fuji, SE, Breezer, Kestrel and Tuesday, announced the opening of its new headquarters in Philadelphia and a new, larger distribution center in South Jersey.
URBN Appoints New CEO Of Urban Outfitters Chain And Free People Group
Urban Outfitters, Inc. appointed Francis Pierrel as global chief executive officer of Urban Outfitters and the Free People Group. The company also reported fourth-quarter sales grew 14 percent.
Dorel Sports President Steps Down
Pon Holdings, which acquired Dorel Sports in January, said Peter Woods, president and CEO of the cycling business, its stepped down.
Canada Goose Announces Share Repurchase Program
Canada Goose Holdings, Inc. announced that the Ontario Securities Commission granted the company exemptive relief to allow the purchase of up to 10 percent of its public float of subordinate voting shares through the New York Stock Exchange and other U.S.-based trading systems.
Kokopelli Expands Offices, Hires GM
Kokopelli has opened a 5,100-square-foot office space and announced the hire of Jeff Popp to general manager.
Topgolf To Open Location In Glasgow
Topgolf Entertainment Group confirmed it is targeting a late 2022 opening for its new venue in Glasgow, its first location in Scotland.
The Athlete’s Foot Reports Record Sales For 2021
Following the acquisition by the Arklyz Group, The Athlete’s Foot (TAF), reported record sales of $503 million with 24 percent retail sales growth in 2021.
RYU Apparel To Close Two Stores In Shift To Digital
RYU Apparel, Inc. announced that it would shift focus to its digital e-commerce business and close its Williamsburg and Toronto store locations.
Under Armour’s Q4 Tops Guidance, Warns Of Supply Chain Challenges
Under Armour Inc. reported fourth-quarter earnings and sales exceeded Wall Street targets. Sales guidance was also raised for the current quarter but margins are expected to be impacted by lingering supply chain constraints.
