SGB Update Sports & Fitness
Academy Sports + Outdoors Appoints New CFO in Role Transition
Academy Sports + Outdoors Inc. promoted Carl Ford to executive vice president and chief financial officer, effective July 12. He succeeds Michael Mullican who recently transitioned to president.
SkyTrak Appoints New SVP for Product Development
SkyTrak appointed John Decastro as SVP of product development with over 25 years of consumer product experience, having held positions with The Coleman Company, Hallmark Cards and Bushnell Outdoors.
Rad Power Bikes To Shutter European Operations
Seattle-based Rad Power Bikes reported it will close its EU operations in 2023 to refocus on the North American market. The company has been selling its bikes in Europe since 2018.
Study: June Mall Index Finds Mall Visits on the Rise Again in the U.S.
After four straight months of year-over-year visit declines, indoor malls, open-air lifestyle centers and outlet malls saw YoY visits rebound significantly in June 2023.
3T Adds New Sales Rep for Australia
Italian gravel and road bike brand 3T hired industry veteran Julian Green as a sales rep covering Australia. Green is responsible for building and supporting the company’s dealer network, driving sales and expanding its regional market presence.
Dick’s SG Tops Active Lifestyle Chains on 2023 NRF Top 100 Retailers List
Dick’s Sporting Goods, once again, is the largest U.S. retailer with prominent active lifestyle offerings on the National Retail Federation’s annual list of the Top 100 Retailers. Among active lifestyle chains, Dick’s was followed in the top five by Bass Pro, Camping World, Academy Sports, and Foot Locker.
McClumsy Apparel Moves to New West Virginia Location
McClumsy, a lifestyle apparel brand based in Thomas, WV, relocated to the historic Colabrese General Store building in Thomas, WV, on its first anniversary. The company officially began business in the building full-time on July 1.
Skechers Partners with Pickleball England
Skechers continues to invest heavily in its sponsorship of pickleball events and was recently named the official footwear sponsor of the 2023 English Open and the English Nationals’ pickleball tournaments.
Nike Extends Contract with Inter Milan
Inter Milan announced it extended its contract with kit supplier Nike. The collaboration started in 1998. Nike will continue designing match and training kits for Inter Milan’s men’s, women’s and youth teams, including lifestyle collections.
June UK Indoor Retail Foot Traffic Down as Weather Pushes Shoppers Outside
The British Retail Consortium reported that June retail foot traffic (footfall) was down versus the comp period last year as the hot weather meant that people opted to enjoy the outdoors rather than spend time shopping inside.
NRF Sees Imports Building Toward August Peak Amid Labor Disruptions
The NRF said that despite a tentative contract agreement reached at West Coast ports, retailers are closely following labor disputes at the ports in Western Canada and a potential teamsters strike against United Parcel Service (UPS).
Rally House Opens Second Store in Arkansas
Rally House opened a store in Conway, AR, its second retail location in Arkansas, near the University of Central Arkansas campus.
Neomouv Acquires Portuguese Bike Manufacturer Unibike
Neomouv, the French brand of e-bikes, announced the acquisition, via its parent company VAxE, of 80 percent of the capital of Unibike.
Woom Bikes USA Recalls Kids’ Bicycles
Woom Bikes USA, in cooperation with the U.S. Consumer Product Safety Commission (CPSC), recalled all sizes of its Woom Original 2018 to 2021 model bikes. The bike’s stem and handlebar could detach and cause riders to lose control, posing a fall hazard.
U.S. Jobs Growth Continues to Slow
The Labor Department reported Friday that U.S. employers added 209,000 jobs in June for the 30th consecutive month of job gains, but there was also a continued cooling in the labor market. The retail sector was the hardest hit, recording losses of about 11,000 jobs seasonally adjusted.
