SGB Update Sports & Fitness

NRF to Present Dick’s SG Chairman Ed Stack with The Visionary Award

Presented annually to an outstanding retail leader, the 2023 NRF Visionary Award honors Stack for his leadership of the largest omnichannel sporting goods retailer in the U.S., guiding the company’s evolution from two stores in upstate New York to a Fortune 500 company.

Academy Sports Principal Accounting Officer to Depart

Academy Sports and Outdoors, Inc. said in a regulatory filing that Heather Davis, SVP, accounting, treasury and tax (principal accounting officer) is leaving the company to pursue a new opportunity, effective September 29.

Orangetheory Fitness Franchisee to Open 14th NJ Location

Empire Portfolio Group an area developer and franchisee of Orangetheory Fitness will open a new studio in Warren, NJ. Empire said this significant expansion “solidifies Empire’s presence in New Jersey,” becoming their 14th location in the state.

Macy’s, Inc. to Hire for More Than 38,000 Seasonal Positions

Macy’s, Inc. reported plans to hire more than 38,000 full- and part-time seasonal workers for the upcoming holiday season at its Macy’s, Bloomingdale’s and Bluemercury stores and distribution centers, consistent with open positions in 2022.

Club Champion Opens Fitting Studio Near Vancouver

Club Champion opened a new fitting studio in Richmond, British Columbia, Canada, its first Club Champion-branded store in the country following its acquisition of Tour Experience Golf (TXG) in 2022.

Puma Extends Scuderia Ferrari Partnership

In the coming years Puma will also continue to be the licensing partner for Ferrari-branded products and the supplier of F1 team and race wear for Ferrari and will become its premium partner starting in 2024.

Pvolve Opens Second Franchise Studio

The newly opened Pvolve location in Carlsbad, CA builds on the company’s pipeline of franchise locations coming to market. The new studio is owned and operated by local husband-and-wife, Kristin and Jeff Springborn.

Foot Locker’s Debt Ratings Lowered by S&P

S&P Global Ratings downgraded the debt ratings of Foot Locker, Inc. following the sneaker giant’s report of weaker-than-expected second-quarter earnings amid elevated promotional activity and weak consumer demand.

POC Appoints Cycling Industry Vet as New CEO

POC, based in Sweden, has appointed Derek Bouchard-Hall as CEO. Before joining the helmets, eyewear, protection, and apparel manufacturer, Bouchard-Hall was CEO of Assos, president and CEO of USA Cycling and the director of International at Wiggle.