IPD International Taps Chris Kypriotis as Partner; Will Transition to CEO
The emerging surf and action sports company said the transition to CEO is set for 2025. The company said Kypriotis brings over 30 years of experience in the action sports and surf industry to the role.
Barclays Names New Global Head of Retail within Investment Banking
Cathy Leonhardt has been appointed global head of Retail within Investment Banking. She is based in New York, reporting to Lowell Strug, global head of the Consumer and Retail Grou
Tara McRae Returns to Puma as Head of NA Brand Strategy and Marketing
Following a decade of marketing leadership roles at Puma, Clarks and TB12, McRae takes on a new leadership role, spearheading Puma’s North America brand strategy and marketing.
NSGA Announces 2025 Sporting Goods Industry Hall of Fame Honorees
John Cardinal, Cardinal’s Sporting Goods; Chris Considine, Wilson Sporting Goods; and E.J. “Ned” Hamilton, Peter Glenn Ski & Sports will join 185 retailers, team dealers, manufacturers, and industry influencers who have received the NSGA award in the past since the organization founded it in 1955.
Academy Sports + Outdoors Opening Nine Stores This Fall
Academy has opened three of the new stores this year and plans to open 15-to-17 more in fiscal year 2024.
That’s a Wrap. What Was the Most Read News This Summer?
From the long Independence Day holiday weekend to the just-completed Labor Day weekend that signaled the end of another summer, SGB Media readers focused on reading about a wide variety of issues and opportunities that affected their businesses each day.
Rally House Opens in Wayne, PA and Austin, TX
Rally House opened new stores in Wayne, PA and near Austin, TX offering a selection of officially licensed apparel representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams, in addition to local merchandise.
Under Armour Appoints VP Commercial for EMEA
Franck Denglos brings 25 years of experience in the sports, lifestyle and fashion industries to his role at UA as vice president of commercial for EMEA. He joined the company September 1 from Adidas, where, most recently, he was the president of Adidas Italy.
SGB Media Closed for Labor Day Holiday
SGB Media will not publish the SGB Evening Newsletter on Friday, August 30, and the SGB Morning and Evening Newsletters on Monday, September 2. SGB Media will return to the office and resume newsletter publication on Tuesday, September 3.
Whyte Bikes Renews Distributor Deal for Germany and Austria
UK-Based Whyte bikes has renewed its partnership with Hawk Bike Sales GmbH, the distributor of bike brands in the German and Austrian markets.
Kizik Expands Distributor Network Across Italy, Taiwan and SE Asia
Kizik has now partnered with Wellforce Sports in Taiwan, Artcrafts in Italy, and Nyne Ventures in Southeast Asia, covering Singapore, Malaysia, Philippines, Thailand, Indonesia, and Vietnam.
Asics to Exit Baseball Equipment Biz; Shifts Attention to Running Category
Following a review of its domestic business portfolio, Asics will exit the baseball business adding that its resources for baseball equipment are “limited” compared to other sports products it produces.
Golftec Continues U.S. Expansion, Opens Second Center In Omaha
The 3,300 square foot facility, has five hitting bays for lessons with in-house instructors, the latest technology for use to practice and a fitting service to select the best clubs for play.
MasterCraft Closes Brutal Fiscal Year for Boats; Sees Continued Decline in 2025
Looking ahead, the company expects consolidated net sales to be between $265 million and $300 million, with Adjusted EBITDA between $15 million and $26 million, and Adjusted earnings per share of between 36 cents and 87 cents.
Topgolf to Open Doors in Greensboro
Topgolf will open its doors in Greensboro on September 13—its fourth venue in North Carolina, with locations in Charlotte and Durham. The site will employ roughly 300 people and is its 102nd global outdoor venue.
