SGB Update Sports & Fitness
Tasc Performance Co-Founder Al Andrews Passes Away
Al Andrews, co-founder and chairman of Tasc Performance, passed away at the age of 78.
The 20th IHRSA European Congress Returns to Lisbon in 2023
The IHRSA European Congress will hold its 20th venue in Lisbon, Portugal, from October 17-20 at the Lisbon Congress Centre.
Lubbock Christian Partners with New Balance and BSN Sports
Lubbock Christian University, located in Lubbock, TX, entered into a partnership and product supply agreement with New Balance through BSN Sports to be the official apparel and uniform provider for its athletics department.
Tennis Racquet Sales at Specialty Stores Slow to Start 2023
Unit sales of tennis racquets in specialty tennis stores dropped by 7 percent in the first quarter of 2023 compared to the same period a year ago, reported Sports Marketing Surveys USA (SMS). Despite this, the market remains strong compared to the pre-pandemic period.
Andrew Messick To Retire as CEO of The Ironman Group
Andrew Messick is retiring this year as president and CEO of The Ironman Group after 12 years with the company. Messick will remain a stakeholder and member of its Board of Directors following the recruitment and appointment of a new CEO.
USC Aiken Partners with Under Armour and BSN
The University of South Carolina Aiken reportedly partnered with Under Armour and BSN Sports to outfit its student-athletes beginning with the 2023/24 season.
Adams State University Extends Partners with Nike and BSN
Adams State University Athletics announced that it entered into a five-year partnership with Nike and BSN Sports. BSN Sports will be the official apparel and equipment provider while outfitting ASU student-athletes and coaches in Nike gear.
KMD Brands, Rip Curl and Oboz Parent, Reports Year-End Departure of Group CFO
KMD Brands Limited, the parent of the Kathmandu, Rip Curl and Oboz brands, reported that Group Chief Financial Officer Chris Kinraid had given notice of his resignation, effective December 2023, to become the CEO with another NZX-listed company.
JD Sports Moves Forward to Acquire Balance of Iberian Sports Retail Group Shares
JD Sports Fashion Plc, the parent of the JD, Finish Line, DTLR, and Shoe Palace retail brands in the U.S. and others worldwide, reiterated its intention, first announced on May 9, to acquire the remaining 49.98 percent of shares in Iberian Sports Retail Group, S.L.
Nike Extends Contract with University of Pittsburgh
The University of Pittsburgh has extended its long-standing relationship with Nike to continue to provide Nike gear for each of the Panthers’ 19 varsity programs through 2026.
NRF Economist Says Conditions ‘Moving in the Right Direction’ Despite Slower Growth
The U.S. economy did better in the first half of 2023 than early indicators suggested and appear to be “rolling forward” even as the rate of growth slows for the remainder of the year, National Retail Federation Chief Economist Jack Kleinhenz said.
Crunch Franchisee Opening Another Charlotte Location This Summer
CR Fitness Holdings, LLC is opening Crunch Charlotte University, a $5 million, 36,000-square-foot fitness facility in the Town Center Plaza, less than a mile from the University of North Carolina at Charlotte.
National Cycling League Hires New CEO
The National Cycling League (NCL) hired experienced sports veteran Andrea Pagnanelli as chief executive officer.
Levi Strauss Trims Outlook for Year on U.S. Wholesale Weakness
Levi Strauss & Co. reduced guidance for its fiscal year while reporting earnings in its fiscal second quarter ended May 28 arrived slightly below Wall Street targets amid pressures at the U.S. wholesale channel. Wholesale revenues were down 22 percent in the quarter. Beyond Yoga was a bright spot, increasing revenues by 28 percent.
Clarks Hires Under Armour Retail Chief as UK Managing Director
Clarks hired Bob Neville, most recently global vice president of retail at Under Armour, as managing director for the U.K. and Ireland, effective August 2023.
