SGB Update Sports & Fitness
Xponential Fitness Divests Row House Franchise Fitness Brand
Xponential reported it will “work closely with Extraordinary Brands to ensure a seamless transition experience for Row House franchisees.” Established Brands owns fitness brands, including EatTheFrog and Purvelo Cycle, Barre, and Hitt.
WFSGI Makes Emma Zwiebler’s CEO Appointment Permanent
Zwiebler joined the WFSGI six years ago where she previously held the position of VP for Strategic and External Affairs. Zwiebler is a Trustee of the charity Switch the Play Foundation. She was appointed as interim CEO on November 1, 2023.
Deloitte: Summer Travel Stays the Course Amid Pricing Pressures
As costs takeoff, shifting demographics and desire to stretch dollars are likely changing how Americans travel. In its new report, Vacations Pass the Value Test: 2024 Deloitte Summer Travel Survey, Deloitte examines the trends and preferences that could shape the upcoming summer travel season.
Academy Sports + Outdoors Opens First Ohio Store, Expands Footprint to 19 States
The Zanesville, OH is roughly 54,000 square feet, marking the third store the retailer has opened in 2024. Academy plans to expand its retail footprint by opening 15-to-17 stores in its fiscal 2024 year, with 160-to-180 new stores over the next five years.
Macy’s, Inc. Narrows Full Year Guidance Range After Solid Start to Year
Macy’s nameplate go-forward business comparable sales were down 1.3 percent on an owned basis and flat on an owned-plus-licensed-plus-marketplace basis. First 50 locations comps were up 3.3 percent on an owned basis and up 3.4 percent on an owned-plus-licensed basis.
Amer Sports Easily Beats Q1 Guidance on Lift from Arc’Teryx, DTC and Asia
First quarter revenue increased 13 percent to $1.2 billion led by a 44 percent increase in the Technical Apparel segment and Asia. Outdoor Performance revenue increased in Greater China, Asia Pacific, and EMEA, offset by a decline in the Americas.
Fieldsheer Hires New Director of Products
Karin Trevino’s career spans almost 25 years, working across multiple business functions in the apparel, swimwear and furniture industries as a designer, co-owner, consultant, and operator.
USTA Names Former NFL Exec as CFO
Kevin Flaherty is responsible for “leading the financial management strategy for the USTA and will be instrumental in developing and executing financial and operational strategies, metrics and control systems to optimize the organization’s assets and promote the growth of tennis.
Trugolf Appoints Doug Bybee as Chief Revenue Officer
Doug Bybee join the company from Srixon and Cleveland Golf, where he was reportedly the team leader for regional and strategic channels.
Sports Endeavors Acquires NJ-Based Soccer Specialty Retailer
The parent of Soccer.com completed the acquisition of regional soccer specialty retailer Ewing Sports based in New Jersey.
Xponential Fitness Founder Resigns from CEO Post After Board Action
Founder Anthony Geisler resigned as CEO of Xponential. The company’s Board of Directors removed Geisler from his duties and suspended him indefinitely as CEO, effective April 13, 2024.
NBDA E-Bike Survey Reveals Leading Brands, Services and Systems
With the e-bike category experiencing unprecedented growth, the trade association of independent bicycle dealers said feedback gathered from over 552 bicycle retailers across North America provided invaluable insights into supplier performance and retailer satisfaction.
Rally House Opens Second Storefront in Wisconsin
Rally House expands its presence in Wisconsin to two storefronts after opening Rally House Outlets at The Dells in Baraboo on May 17. Last October, Rally House opened its House Mayfair Collection in Wauwatosa, WI.
Health & Fitness Association Carries PHIT Baton to U.S. Congress Meetings
The trade association, formerly IHRSA, reported that 120 industry leaders participated in this year’s HFA Fly-In and Advocacy Summit May 7-8 in Washington, DC, doubling last year’s attendance.
Snipes Appoints Martin Badour as President of Snipes USA
He succeeds Jim Bojko, who has left Snipes. In his new role, Badour will be responsible for managing the company in the United States, according to a press release from the company..
