SGB Update Sports & Fitness
Canada’s Tour Experience Golf (TXG) to Convert to Club Champion Canada
Club Champion said that following its 2022 acquisition of Canada’s Canadian club fitter, Tour Experience Golf (TXG), the TXG brand will transition to Club Champion and its retail stores will be branded as Club Champion Canada, effective August 1.
Nautilus Relaunches BowFlex Brand with New Brand Identity
Nautilus, Inc. relaunched its BowFlex brand identity with new visuals and philosophy, linking it to the idea that “fitness isn’t about fitting into a pair of jeans or someone else’s idea of perfection; it’s about feeling good every time you move.”
Reebok Secures Licensing Partner for Central and Eastern Europe
Authentic Brands Group reported it signed a ten-year licensing contract with The CCC Group (CCC), a footwear company, for Reebok in Central and Eastern Europe.
Columbia Names New Prana Brand President
Columbia Sportswear Company hired Tricia Shumavon, president of the Prana brand, effective September 2023.
Ebay Investing in Re-Commerce and Authenticity Focus of Younger Consumers
Ebay said revenue was $2.54 billion for the second quarter, up 5 percent on an as-reported basis and up 6 percent on a currency-neutral basis.
Update: Adidas Renews Manchester United Kit Deal Through 2035
The renewed agreement continues the partnership for an additional ten years, or until June 2035, and has a minimum cash guarantee of £900 million, or north of $1.1 billion, subject to certain adjustments.
Rally House to Open Two Stores in Ohio
Rally House opened two stores in Ohio in Columbus and Akron.
Paris Saint-Germain Partners with Lids in Las Vegas
French league football club Paris Saint-Germain (PSG) unveiled a new store in Las Vegas, which Lids will manage. As part of PSG’s long-term partnership with Lids and Fanatics, Lids will oversee operations for the organization’s storefronts.
BRC: Britain Loses 6,000 Storefronts Over Last Five Years
Crippling business rates and the impact of the COVID lockdowns were said to be a key part of decisions for retailers to close stores and think twice about new openings, according to recent analysis by the British Retail Consortium.
Cane Creek Cycling Components Hires Two New Leaders
Cane Creek Cycling Components expanded its internal sales group (ISG), hiring Stephanie Bush as supply chain leader and Lev Weschler as an engineering manager to support riders, bike shops and dealers across the U.S.
Safilo and Fossil Renew Eyewear License Through 2028
Initially offered as a North American ophthalmic exclusive, the Fossil eyewear collection has evolved over time to include sunglasses and expansion outside the U.S.
Report: Off-Price and Children’s Well-Positioned for BTS Foot Traffic Surge
Following a lull in April and May, the 2023 back-to-school season is giving retail, and especially the wider apparel segment, a major boost, according to new data from Placer.ai.
Vista Outdoor Appoints CFO and General Counsel for Sporting Products Company
Vista Outdoor, Inc. named Andy Keegan as CFO of its Sporting Products segment. Jeff Ehrich becomes general counsel and corporate secretary of Sporting Products.
Envo Drive Systems Acquires Canadian E-Mobility Brand
Envo Drive Systems, a maker of e-bikes and e-vehicles for snow, water and 4-wheeling, reported it acquired fellow Canadian e-mobility brand Veemo from its sole creditor, Velo Metro.
Report: Tennis Apparel and Footwear Sales Growing at Double-Digit Pace
In the U.S., sales revenue for tennis apparel increased by 15 percent in the 12 months ended June 2023 and is up 38 percent versus three years ago, according to Circana. Tennis shoe sales grew by 21 percent versus the prior year and increased 37 percent compared to three years ago.
