SGB Update Sports & Fitness
Tifosi Optics Names Eyewear Industry Veteran as COO
Crockett joins Tifosi with previous leadership positions at Costa del Mar Eyewear and EssilorLuxottica. Most recently, she reportedly led operational and supply chain initiatives as a chief consultant at C&C Consultant Services, LLC
Nike, Inc. Names Chief Communications Officer and Member of Senior Leadership Team
Effective July 7, 2025, Michael Gonda joins Nike from McDonald’s Corporation, where he held several senior leadership roles, including chief impact officer for North America and global chief communications officer.
NRF: Father’s Day Spending To Hit Record $24 Billion this Year
U.S. consumers are poised to spend a record $24 billion on Father’s Day this year, according to an annual survey from the National Retail Federation. Over three-quarters of consumers (76 percent) plan to celebrate the occasion, spending an average of $199.38 per person, up from $189.81 in 2024.
Oofos Opens First U.S. Retail Stores
The recovery footwear brand, celebrating its 14th year, will open stores in Pentagon City, Arlington, VA; the Mall of Georgia, Buford, GA; and the Florida Mall, Orlando, FL.
Kizik Appoints Former Nike Exec as CEO
Kizik and its parent company, HandsFree Labs, appointed Gareth Hosford, a former executive at Nike and Converse, as CEO. Most recently, he led the launch and scaling of Omorpho, a Portland, OR-based performance wear and fitness equipment start-up, as both CFO and COO.
StockX Hires New Head of Creative
Daniel De Jesus Krueger, joins the company from Fulwell Entertainment, formerly The Springhill Company, which LeBron James and Maverick Carter founded. Krueger also led The Nike Brand Studio at Uninterrupted, a media company founded in 2014 by James and Carter.
Topgolf Callaway Completes Sale of Jack Wolfskin to Anta Sports
Topgolf Callaway Brands Corp. completed the sale of Jack Wolfskin to Anta Sports, the largest shareholder of Arc’teryx, Wilson and Salomon parent Amer Sports, for $290 million. Callaway acquired Jack Wolfskin in 2019 for $476 million.
Fanatics to Manage Utah Jazz and Utah Mammoth Fan Shops
The Mammoth becomes the fourth NHL club for which Fanatics operates in-venue retail, while the Jazz join as Fanatics’ 12th NBA partner, eight of which are omnichannel.
Stack Athletics Acquires Vulcan Pickleball
Chaifetz Group, owners of Major League Pickleball’s St. Louis Shock franchise and a broad portfolio of other organizations in the sport, also participated in the deal and will hold an interest in the merged companies and a seat on the newly created Board of Directors.
Kohl’s Trims Q1 Loss, Same-Store Sales Slide 3.9 Percent
Kohl’s Corp. narrowed its loss in the first quarter ended May 3 as sales declined 4.1 percent. The retailer maintained its guidance for the year.
Yue Yuen Appoints Board Member
Yue Yuen appointed Chou Wei-Te, executive assistant vice president at its retail arm, Pou Chen, to its board as an executive director. He replaces Chan Lu Min, who is retiring.
VF Appoints New Chief Accounting Officer
Michael Phillips succeeds Bryan McNeill, who is retiring after 30 years with the company. Phillips has served as the VP Enterprise Financial Reporting controller of the company since September 2022.
Nike’s Design and Innovation Chief John Hoke to Retire in the Fall
John Hoke, Nike’s chief innovation officer, is retiring after serving in the role since 2023. He first worked at Nike on stores and fixtures before getting into footwear. An architect by training, he is credited with designing a NikeTown store and buildings on the Nike campus.
Costco Wholesale Misses on Q3 Top-Line as Discretionary Spending Weakens
The miss on the comparable sales line was said to be due to consumers paring back on large purchases, especially of non-essential goods such as home furnishings, as discretionary spending continues to weaken.
BRP President and CEO to Retire at Fiscal Year-End
José Boisjoli has informed the Board of Directors of his intention to retire by the end of the fiscal year, at which time he will also step down from his role as chair of the Board. He will continue to lead the company until a successor is named.
