SGB Update Sports & Fitness
Dick’s SG Closes Midwest City Location
Dick’s Sporting Goods has closed its location in Midwest City, OK.
University Of Michigan Reports Consumer Sentiment Recovery In January
Consumers are feeling better about the economy for the second month, according to The University of Michigan’s closely watched Consumer Sentiment Index, which measured 64.9 for January, up slightly from the preliminary reading of 64.6 earlier this month and up from 59.7 in December.
Sapphire Sport Venture Fund Raises $181 Million
Sapphire Sport, a venture fund, raised $181 million from a group of investors, including Adidas, Sinclair Broadcast Group, Madison Square Garden Sports, Arctos Sports Partners, City Football Group, and AEG Worldwide.
Nike Opens Store In Hoboken
Nike opened a Nike Live store in Hoboken, NJ.
Enve Names New General Manager
Enve Composites, owned by Amer Sports, hired Mike Stimola as general manager.
Vista Outdoor Resets Action Sports Platform
Vista Outdoor announced internally that the company had realigned its cycling, snow and powersports platform, according to a media statement attained by SGB Media.
Vuori Becomes Apparel Partner For Exos
Exos, the coaching and corporate wellness company, signed a deal with Vuori making it the brand’s exclusive performance apparel partner.
Sport Chek To Close Store In Edmonton City Centre Mall
Sport Chek is closing its location at the Edmonton City Centre Mall, according to the Edmonton Journal.
Golftec Opens Location In Connecticut
Golftec opened an instruction and club fitting center in Trumbull, CT.
The RealReal Names CEO And Board Member
The RealReal, Inc., the largest online marketplace for authenticated, resale luxury goods, announced that John E. Koryl would join the company as CEO and a member of its Board of Directors, effective February 6, 2023.
Golf Equipment And Apparel Retail Sales Reported To Surpass $20 Billion In 2021
The World Golf Report 2023, a study from Golf Datatech and Yano Research Institute, found that the worldwide golf equipment and apparel market grew over the pandemic to reach $20 billion, encompassing the $11.1 billion equipment and the $8.9 billion apparel sectors, respectively.
Gymshark Cuts U.S. Staff; Plans To Cease Most U.S. Operations
Gymshark, the U.K.-based athleisure brand, plans to cease most of its U.S. operations at its headquarters in Denver, CO. The move will result in the layoff of approximately 65 employees.
ICSC: 2022 Holiday Sales Miss Forecasts On Promotional Pressures
The ICSC (International Council Of Shopping Centers) found holiday sales jumped 5.2 percent year over year, falling short of its forecast. ICSC’s survey found 43 percent of U.S. consumers indicating that low prices or good promotions were key motivating factors in where they shopped, significantly ahead of 33 percent in 2021.
Dick’s SG Store Closes In Columbia, SC
Dick’s Sporting Good store in Columbia, SC, located at 10204 Two Notch Road, is permanently closed.
Fanatics To Operate Online Store For Six Nations Rugby
Fanatics signed a partnership agreement with Six Nations Rugby to operate its online store ahead of the 2023 rugby season. The live online site sells officially-licensed products, including jerseys, training, and lifestyle wear.
