SGB Update Sports & Fitness
Orchid Adds Shooting Sports Industry Vet To Lead Strategy and Biz Dev
Orchid hired seasoned firearms industry executive Leland Nichols as chief strategy and business development Officer.
Edel Golf Expands Company With New Office In Denver
Edel Golf announced the opening of its new headquarters, assembly and fitting facility in Denver, CO as part of its expansion to grow the business worldwide.
Primark Opens New Store In City Point, Brooklyn
Primark, the international value fashion retailer, opened a new store in City Point, Brooklyn, NY.
Nike, Inc. Fiscal Q2 Results Beat Street Expectations; Inventories Up 43 Percent
Nike, Inc. reported fiscal 2023 second quarter revenues were $13.3 billion for the three-month period ended November 30, up 17 percent compared to the prior-year comparable period and up 27 percent on a currency-neutral basis.
PGA Of America Names Head Golf Pro At Historic Columbia Country Club
The Middle Atlantic Section of the PGA of America named PGA Pro Steve Delmar as Head Golf Professional at the historic Columbia Country Club in Chevy Chase, MD, making him the fourth person to hold the position in the club’s 125-year history.
Skechers Opens Flagship Store In Ireland
Skechers is elevating its worldwide presence by opening a new flagship store in Ireland on Dublin’s Grafton Street.
New Survey Sees More Athletes Returning To Racing In 2023
Over 45 percent of survey respondents who have not returned to racing post-pandemic said that they would either register or planned to register for their first race within the next 12 months.
JD Sports Divests Shares Of 15 Premium Brands
British Retailer JD Sports Fashion Plc is “significantly simplifying” its branded fashion offer through the divestment of 15 UK-based non-core fashion businesses to Frasers Group Plc.
Gyroor Recalls E-Bikes
The Consumer Product Safety Commission reported it is working with Gyroor, a Chinese e-bike maker, to recall about 3,000 Gyroor C3 e-bikes because the battery packs could ignite.
Report: Holiday Shopping Seen As Lackluster In Early Season Review
The first two weeks of December did not bring much holiday cheer after a lackluster Black Friday and generally disappointing November results.
Foresight Sports Partners With Sportsbox AI
Foresight Sports, the maker of an optical launch monitor and golf simulation technology, reported it partnered with Sportsbox AI, the creator of single-camera markerless 3D motion capture on a mobile phone.
Marucci Sports To Open New Distribution Center
Marucci Sports, the Louisiana-based sporting goods brand, continues to expand its footprint, reported it will develop a 100,000-square-foot, Class A distribution center
RIA Elects New Board Members For 2023
The Running Industry Association (RIA) membership voted to approve to elect the suggested slate of new directors for 2023.
New Balance To Expand Operations At Skowhegan Plant
New Balance announced plans to invest $65 million in construction and capital equipment to double its production capacity to one million pairs of shoes at its factory in Skowhegan, ME.
November Retail Sales Dip 0.6 Percent
U.S. retail sales fell 0.6 percent in November from October but were up 6.5 percent year-over-year, the Department of Commerce reported. That compares with increases of 1.3 percent month over month and 8.3 percent year-over-year in October, which got a boost from earlier-than-usual holiday shopping driven by concerns that inflation would continue to increase prices.
