SGB Update Sports & Fitness
Nike Extends NFL Deal Through 2038, Brazil Soccer for 12 Years; Adds Uruguay Soccer
After a number of key leadership appointments and a refreshed retail engagement process have garnered praise, the company is ensuring its position atop the platform for the near future by securing the Brazil National Football Confederation for an additional 12 years and extending and expanded the current NFL deal through 2038.
Shot Scope Names Lord Mervyn Davies Chairman of the Board
Lord Davies of Abersoch, Wales, was formerly chief executive and chairman of Standard Chartered and was awarded a CBE in 2002 for his services to the financial sector. He is currently the chairman of the Lawn Tennis Association, LetterOne and sits on the World Rugby Executive Committee.
Inov8 Founder is Back as CEO; Price Returns as Director
Wayne Edy, founder of Inov8, will again lead the company as CEO. Michael Price returns to the company as product and marketing director, having worked at Inov8 from 2016 to 2022.
Jetset Pilates Expands Into Mid-Atlantic DC-MD-VA Market
The company will open its first studio in the Navy Yard in Washington, D.C., early spring 2025, with plans to open eight to 10 studios across the District of Columbia, Maryland and Virginia region.
Academy Sports and Outdoors Narrows Full Year Outlook as Fiscal Q3 Comes Up Short
The retailer arrowed its fiscal 2024 guidance to net sales of $5.895 billion to $5.940 billion from previous guidance of $6.075 billion on the high side and missing Wall Street’s third quarter sales estimates.
CNBC/NRF: Retail Monitor Reinforces Online Shopping Strength in November
In today’s CNBC/NRF Retail Monitor report, the retail sales bounce back in October continued a moderate trend into November even as two of the holiday season’s busiest shopping days rolled over into December.
DSW Parent Slashes Full Year Guide After Q3 Miss; Total Comps Fall 3.1 Percent
DBI reported fiscal third quarter net sales decreased 1.2 percent year-over-year to $777.2 million in the 13-week period ended November 7, short of the $802.14 million expected on Wall Street.
Kemper Sports Names Manager of NJ Golf Course Portfolio
KemperSports appointed the Morris County Park Commission to manage its Berkshire Valley, Flanders Valley, Pinch Brook, and Sunset Valley courses in New Jersey.
Florida’s Soleta Golf Club Officially Opens
The Nick Price-designed Soleta Golf Club has officially opened near Sarasota and Lakewood Ranch, FL, which includes a 7,400-yard, par-72 course that winds through an undisturbed sanctuary-like landscape, preserving all the wetlands.
NRF: Retailers and Vendors Continue to Surge Goods Ahead of Strike and Tariffs
Hackett Associates Founder Ben Hackett said retailers are under pressure as they front-load cargo to avoid both the disruption of the strike and higher costs from the tariffs.
X Games Names Jeremy Bloom as CEO
Bloom’s track record as an athlete and in building and managing companies will be instrumental in continuing to elevate the X Games properties and the X Games League.
Activist Investors Push Macy’s to Consider Changes to Capital Allocation Strategy
Barington Capital Group and Thor Equities LLC asked Macy’s to bring fresh perspectives to the company, especially in the areas of capital allocation, merchandising and retail and real estate
Survey: Latin Americans Embrace Fitness Facilities as Key to an Active Lifestyle
The Health & Fitness Association released the 2024 Latin America Fitness Consumer Survey, providing key insights into the fitness culture in major metropolitan areas across Argentina, Brazil, Chile, Colombia, Mexico, and Peru.
TaylorMade Golf Acquires Logan Olson
In working with TaylorMade’s team of designers, Logan Olson will continue developing his Craft Batch putters and custom designs and expand his presence on professional golf tours worldwide.
Rally House Opens in Austin
Rally House has been growing its retail footprint in the Lone Star State for over a decade, starting in the Dallas-Fort Worth area. Now, the company operates over 30 stores in the state, including in key college towns, including Waco, College Station, Lubbock and Houston.
