SGB Update Sports & Fitness

On Brand to Open Second London Store

On will open its second store in the UK in East London’s Spitalfields Market on November 3. On opened a flagship on Regent Street in February.

Report: September Golf Rounds Show Uptick

Golf Datatech reported that U.S. golf rounds played were up 1.6 percent year-over-year in September and increased 3.8 percent year-to-date, according to the research firm’s latest National Rounds Played Report for September 2023.

Puma’s Q3 Profits Drop On Currency Effects; Confirms Annual Guidance

Puma’s earnings fell 9.6 percent due to currency headwinds, weakness in North America and higher expenses. However, higher-than-expected revenues due to momentum in Europe, a recovery in China as well as stronger-than-expected margins led the German-based company to reiterate its guidance for the year.

Tennis Warehouse Acquires Swetka’s Tennis Shop

Tennis Warehouse, the tennis retailer based in Luis Obispo, CA, reported that it recently acquired Swetka’s Tennis Shop in Mountain View, CA, a fixture in the Bay Area tennis community for over 50 years.

Vista Outdoor Removed from S&P CreditWatch After Ammo Business Sale

S&P Global Ratings removed the debt ratings of Vista Outdoor, Inc. from CreditWatch with negative implications following the company’s announcement that it planned to sell its sporting products business to Czechoslovak Group A.S for $1.91 billion on a cash-free, debt-free basis. 

Topgolf Sets Opening Date for Memphis Location

Topgolf reported it will open a new venue in Memphis, TN, on October 27 about 20 minutes from downtown.  This is the sports entertainment company’s fourth in the state, with other venues in Nashville, Chattanooga and Knoxville.

Report: September Golf Equipment Sales Up Again

Golf Datatech reported that golf equipment sales posted a back-to-back increase in on- and off-course specialty stores in September after experiencing 11 consecutive months of contracting sales through July.

Tyr Sport Opens Store In Long Island

Tyr Sport, the swimwear manufacturer, opened its first retail store at Roosevelt Field in Garden City, NY, with plans to open a second store in Costa Mesa, CA.