SGB Update Sports & Fitness
Academy Sports To Open Store In Lafayette, IN
Academy Sports + Outdoors, Inc. will open its first store in Lafayette, IN this spring in Lafayette Pavilions. This is the retailer’s fourth location in Indiana.

JD Sports Posts 20 Percent H2 Growth Across North American Retail Banners
JD Sports Fashion Plc, the parent company of Finish Line, DTLR and Shoe Palace in the U.S. and sports fashion and outdoor retail brands Blacks, JD, Millets, and Go Outdoors in the U.K., realized sales growth of more than 10 percent in its organic retail businesses through 22 weeks of the second half of 2022.
Yue Yuen’s Sales Drop In December
Yue Yuen reported sales for the month of December slid 20.5 percent to $629.8 million.

BRC Sees Solid UK Holiday Sales Growth Aided By Inflation; Volumes Fall
The British Retail Consortium reported that UK total retail sales for 2022 increased by 3.1 percent versus 2021. Food growth was 3.0 percent and non-food growth was 3.2 percent for the year.
Study: 36.5 Million Americans Played Pickleball In 2022
The Association of Pickleball Professionals released its 2023 APP Pickleball Participation Report that showed 14 percent of adults in the U.S. (36.5 million people) played pickleball at least once in the 12 months from August 2021 to August 2022 and 8.5 million people played pickleball eight times or more in the same period.
Life Time Sees 23 Percent Growth In 2023
Life Time Group Holdings, Inc. reported revenue in 2022 to be within the midpoint of its prior guidance and earnings to top guidance. The fitness center operator also forecasted growth of about 23 percent at the midpoint of overall guidance for 2023.
Marathon Sports Signs As Lead Retailer At Run Show USA Boston
ported that Marathon Sports, acquired by Fleet Feet in July 2022, is the headline retailer for its show scheduled to take place in Boston’s Hynes Convention Center, February 4-5.
Nike Partners With Fordham
Nike reached an agreement to replace Under Armour as the official athletic footwear, apparel and accessory sponsor of Fordham Athletics, effective July 1, 2023.
Sports Direct Parent Invests In Hugo Boss
Frasers Group, the parent company of British retailer Sports Direct, reported its current investment in Hugo Boss now comprises 2,714,300 shares of common stock, representing 3.9 percent of Hugo Boss’s total share capital.
GolfTec Opens 25 Training Centers In 2022
GolfTec reported it opened 25 training centers in 2022, including seven new centers in the fourth quarter. GolfTec’s global footprint includes 243 locations worldwide.
Backbone Hires E-Commerce Director
Backbone hired Martin Mudry as e-commerce director, a new position at the company, to support its entrance into marketplace marketing across key third-party e-commerce platforms, including Amazon, Walmart, and others.
Club Champion Opens Facility In Calgary
Custom golf club fitter Club Champion and its Canadian counterpart, Tour Experience Golf (TXG), opened a new fitting studio, located in Calgary, Alberta, Canada
Apex Mills Acquires Hanesbrands Plant
Apex Mills has agreed to purchase a former HanesBrands plant in Virginia.
Next Level Apparel Acquires Stedman GmbH
Blue Point Capital Partners and its portfolio company Next Level Apparel acquired Germany-based Stedman GmbH, a designer, manufacturer and supplier of casual and sportswear blank apparel for the printwear, retail, brand specialty and other decorated apparel industries.

Wolverine World Wide Sees Q4 EPS At Low End Of Guide On Inventory Reduction Efforts
Wolverine World Wide, Inc. updated its outlook for fiscal 2022 revenue, earnings, inventory and net debt, reporting that the company expects the following preliminary and unaudited financial results as of December 31, 2022.