SGB Update Sports & Fitness
Turtleson Names VP of Licensed Product Sales
Jim Call, VP of Licensed Product Sales, will lead the growth of the brand’s wholesale partnerships and its collegiate-licensed apparel line. He brings 25 years of experience in collegiate and pro sports licensed products.
SFIA’s Bill Sells Set to Retire
During his 20-year tenure with the SFIA, Sells has been a leading voice on Capitol Hill. He has championed critical initiatives that have helped shape the sports and fitness industry and has directed successful legislative campaigns and policy initiatives.
Amer Sports Sees Return of Former Communications and IR Chief Päivi Antola
Antola is returning to Amer Sports after leading corporate communications and investor relations from 2010 to 2018. She will join the company in April 2025 at the latest.
Pickleball Kingdom to Open in Hendersonville, TN
The Hendersonville facility spans nearly 39,000 square feet of climate-controlled play conditions, a mezzanine, a community room, a pro shop, and amenities to enhance the player experience.
Xponential Fitness Promotes Kawaja, Adds Franchising Vets to Leadership Team
John Kawaja has been promoted to president of North America, Tim Weiderhoft was hired as COO of North America, and Kevin Beygi was hired as chief technology officer. Eric Simon is also slated to join as chief development officer on January 20, 2025.
Target Maintains 2024 EPS Guide, Posts 2 Percent Holiday Comp, Shifts Leadership Team
Holiday sales were reportedly driven by a nearly 3 percent increase in traffic, representing gains across both stores and digital channels. During November and December combined, digital sales grew nearly 9 percent over the 2023 period.
Tagmarshal Acquires WindIQ
WindIQ technology measures hyperlocal, real-time wind speed, direction and precise hole location that will enhance Tagmarshal’s on-course optimization platform. It also increases the data available to on-course operations for optimizing strategy and pace of play management.
Life Time Group Estimates 2024 Revenue Increased in the High-Teens
Net income for the full-year period is estimated to have nearly doubled year-over-year, while Adjusted EBITDA is expected to increase over 25 percent for the year.
Revo Goes Direct to Optometrists with New Sales Structure
Through a partnership with Launchpad Vision, a commercialization services company closely associated with ClearVision Optical, gives Revo direct access to work with optometrists and their patients worldwide.
Report: Americans Still Focused on Health and Fitness Goals for the New Year
As the new year begins, a nationwide survey conducted by the Health & Fitness Association (HFA) revealed that health, fitness and exercise remain top-of-mind on Americans’ New Year’s resolution lists.
L.A.B. Golf Bolsters Leadership Team
Robert Johnson joins the company as president. Headquartered in Eugene, OR, the company’s patented technology eliminates torque to give golfers the ability to repeat their golf stroke.
Big 5 Sporting Goods Narrows Q4 EPS Guide After Comps Fall 6.1 Percent
The company now expects to report a loss per basic share in the range of 94 cents to 97 cents for Q4, which compares to previous guidance for a loss per basic share in the range of 80 cents to $1.05.
Under Armour Renews Global Eyewear Licensing Agreement with Safilo Group
Through the renewed agreement until 2031, the companies will offer sunwear and prescription eyewear solutions that support athletes on and off the field.
Cotton Inc. Promotes William Kimbrell to President and CEO
The 22-year veteran of Cotton Inc. was executive vice president and chief operating officer before his promotion to CEO and president in November.
CNBC/NRF: Retail Monitor December Retail Sales Jump; Sporting Goods Rebounds
Core Retail Sales, excluding restaurants, auto dealers and gas stations, rose 2.2 percent m/m in December and up 8.4 percent y/y. That compared with a decrease of 0.19 percent m/m and an increase of 1.4 percent y/y in November.
