SGB Update Sports & Fitness
Rally House Opens Additional Store In Indianapolis
Rally House opened a new store in Plainfield, IN, joining several locations in the Indianapolis area.
President Of Performance Lifestyle At Deckers Brands, To Step Down
Wendy Yang, president of Performance Lifestyle at Deckers Brands, is stepping down, effective at the end of the month. The company said Yang would remain in a consulting role through August 15 to allow for a smooth transition.
Deckers Brands Q4 Blows Past Wall Street Targets
Deckers Brands reported earnings vaulted 106 percent in the fiscal fourth quarter ended March 31 as sales gained 31.2 percent. Sales gained 24.7 for Ugg and 59.7 percent for Hoka One One. Sales for the year grew 24 percent and the company guided FY23 growth to be in the range of 10 percent to 11 percent.
United Wheels Appoints President And COO
United Wheels, Inc., the parent company of Huffy, Niner, Batch, VAAST, and Royce Union has appointed Bruno Maier as president and COO. Claude Jordan, CEO for four years, is retiring but will remain as a senior advisor during the transition.
Nautilus Welcomes New Board Member
Nautilus Inc. announced that Ruby Sharma was appointed to its Board of Directors.
Kohl’s Q1 Falls Far Short Of Earnings Expectations
Kohl’s reported earnings in the first quarter came in well below Wall Street’s targets as same-store sales fell 5.2 percent. The retailer significantly lowered its guidance for the year.
Senior Executives Step Down From Kohl’s
Kohl’s Corp. announced in a regulatory filing Wednesday that Chief Marketing Officer Greg Revelle is departing in June and Chief Merchandising Officer Doug Howe will leave immediately.
Patrick Frisk To Step Down From Under Armour As President And CEO
Under Armour, Inc. announced that Patrik Frisk will step down as president and CEO and as a member of its Board of Directors effective June 1, 2022. The board has initiated an internal and external search for Frisk’s replacement. Colin Browne, Under Armour’s COO, has taken the helm as interim president and CEO effective June 1, 2022.
Strava Acquires Injury Prevention App
Strava has acquired Recover Athletics, the prehab app for runners, giving Strava subscribers access to the company’s content, including personalized prehab and injury prevention exercise plans.
Nike’s Diversity Chief To Exit; New DEI Officer Hired
Felicia Mayo, who has worked as Nike’s chief talent, diversity and culture officer since July 2020, is leaving the company at the end of July 2022, according to an internal memo obtained by The Financial Times.
EGrips Unifys Under Trango; Adds Executive Hires
Trango, the manufacturer and international distributor of technical climbing equipment, is unifying its organization and suite of climbing gear under the company name Trango, including eGrips, the climbing hold brand.
NSGA Sports Participation Report Shows Rebound From COVID-19 In Some Areas
Relaxed COVID-19 restrictions, which gave people the ability to return to some of their traditional activities in 2021, was reflected in the 10 segments tracked for the 2022 edition of the National Sporting Goods Association’s (NSGA) Sports Participation in the U.S. report.
Nike Ends Sponsorship Of Spartak Moscow
Nike has ended its 17-year cooperation with Russian Premier League Football club Spartak Moscow after the team was ruled out of next season’s European competitions because of Russia’s invasion of Ukraine.
April Sales Climb 8.2 Percent Year-Over-Year
The U.S. Census Bureau said overall retail sales in April were up 0.9 percent seasonally adjusted from March and up 8.2 percent year-over-year. That compared with increases of 1.4 percent month-over-month and 7.3 percent year-over-year in March.
TFL Brands Appoints General Manager To Lead GummiShot Energy Gummies
TFL Brands appointed Morgan Mulvihill, a 16-year veteran of Procter & Gamble, to lead GummiShot Energy Gummies as general manager.
