SGB Update Sports & Fitness
Study: Global Supply Chain Volatility Falls To Lowest Level Since July 2020
The GEP Global Supply Chain Volatility Index concluded that global supply chains operate more efficiently today, signaling the lowest stress level since July 2020.
F45 Receives NYSE Notice Regarding Delayed Form 10-K Filing
F45 Training Holdings, Inc. reported receiving notice from the New York Stock Exchange (NYSE) that it is not in compliance for failing to file its annual report timely with the Securities and Exchange Commission.
Workout Anytime Continues Expansion
With nearly 200 gyms operating in the U.S., Workout Anytime opened two new locations and signed deals for an additional five in the first quarter.
Nordstrom Adds Former Nike COO To Board
Nordstrom, Inc. appointed Eric Sprunk, former chief operating officer of Nike, Inc., to its Board of Directors, effective immediately.
Nordstrom Appoints Chief Technology And Information Officer
Nordstrom, Inc. hired Jason Morris as chief technology and information officer, effective May 1, overseeing technology functions, including engineering, data science and analytics.
Consumer Confidence Index Improves Modestly
Consumer sentiment in the U.S. improved modestly in early April, as reported in the University of Michigan’s Consumer Confidence Index, rising to 63.5 (preliminary) from 62 index points in March—better than the market expectation of 62.
Tilly’s, Inc. Appoints New Chief Merchant
Tilly’s, Inc. hired Laura Janney as EFP and chief merchandising officer, effective May 8, overseeing the retailer’s buying, sourcing and product development and coordinating consistency in its in-store and online consumer merchandising experience.
Walmart’s Chief Merchandising Officer To Depart
Walmart’s Chief Merchandising Officer, Charles Redfield, is stepping down next month. The announcement came from Walmart’s U.S. CEO, John Furner, in a memo to employees dated April 14.
U.S. Retail Sales Slip 1 Percent Amid High Inflation, Rising Rates
The U.S. Census Bureau reported overall retail sales in March were down 1 percent from February but up 2.9 percent year-over-year. In February, sales were down 0.2 percent month over month but up 5.9 percent year-over-year.
TYR Named Exclusive Outfitter Of USA Swimming National Team
USA Swimming, the national governing body for the sport, and TYR reported expanding its partnership naming Tyr the exclusive outfitter of the National Team and the National Junior Team through December 31, 2024.
PGA VP Appointed To Arizona Lodging And Tourism Association Board
The PGA of America and the Arizona Lodging and Tourism Association (AzLTA) appointed PGA Vice President Don Rea, Jr. to its Board of Directors.
CivicScience: Nike And Target Top Athleisure Preference Of Gen-Z
Recent polling data from CivicScience found that the Gen-Z generation turned to Nike as its brand of choice for athleisure, followed by (in order) Target, Adidas, Old Navy, and Lululemon.
JD Sports Appoints General Counsel
JD Sports Fashion Plc, parent company for Finish Line, Shoe Palace and DTLR retail brands in the U.S., hired Theresa Casey as general counsel and company secretary of JD, effective immediately.
NRF Report: Organized Retail Crime A Growing Threat For U.S. Retailers
Organized retail crime is a perpetual and burgeoning problem for the U.S. retail industry, and evidence suggests it is growing in scope and complexity, according to a recently released report from the National Retail Federation (NRF).
Fitstop To Expand Into U.S. Market; Hires NA Athletic Director
Fitstop, the Australia-based fitness chain, will open a flagship location in Santa Monica, CA in May. The company hired Peter Pisani as North America Athletic Director.
