SGB Update Sports & Fitness
JD Sports Board Remuneration Committee Chair to Step Down
Suzi Williams, non-executive director and chair of the company’s Remuneration Committee, submitted her intention to step down on November 1, 2024. On October 1, Williams will hand over the Remuneration Committee Chair role to Angela Luger.
Report: Leisure Footwear, Portable Beverageware Rise to Top of BTS Shopping Lists
Circana said in a media release that this year’s BTS spending is following a pattern similar to last year, but it’s falling short of last year’s performance.
Rally House House Opens New Stores in New Jersey and Michigan
Rally Willow Ridge Plaza and its newest store in Westland, MI are both open serving customers with locally-inspired team merchandise.
Hoka Parent Deckers Brands to Execute Six-for-One Forward Stock Split
The parent company of the Ugg, Hoka, Teva, Koolaburra, and Ahnu brands reported that its stockholders approved the forward stock split measure during its September 9, 2024 annual meeting.
CNBC/NRF Retail Monitor Sees Strong Clothing, Footwear and Online Increases in August
Thanks to back-to-school, the Clothing, Footwear and Accessories sector soared in August, jumping 11.4 percent year-over-year. The sector that includes Sporting Goods fell 10.8 percent for the same period.
Tilly’s Co-Founder Appointed President and CEO, Removes Interim Tag
As the Co-Founder of this 42-year-old company, Hezy Shaked has served as interim president and chief executive officer since January 21, 2024, and previously as the company’s president and chief executive officer.
Superfeet Signs Sales Agency to Focus on Workplace Safety and Performance
LineDrive, a solutions-based sales agency that matches large-scale businesses with workplace safety tools to enhance workplace safety and productivity in the U.S. and Canada, will introduce Superfeet insoles to employers, to enhance workplace productivity and safety
Rural King to Open New Store in Conover, NC
The Conover store will host a grand opening from September 20-22. The retailer sells a wide variety of premium brands, including Carhartt, Blackstone, Big Green Egg, Ariat, Under Armour, Black Rifle Coffee Company, Walnut Creek Foods and Henry Rifles.
Classic Football Shirts Adds to Investor Pool; Plans New LA Store in World Cup Run-Up
The company said it had seen an accelerated annual growth rate since an earlier investment from The Chernin Group, including in the U.S., which is its fastest-growing market, at greater than 100 percent annually.
Kreedom Eyewear Adds California Indie Sales Rep
Boston Titensor, an independent sales rep, also carries the Hari Mari, Dakine, Vertra, and Von Zipper sunglass lines in the Orange County market in SoCal.
Report: Second Quarter U.S. E-commerce Sales Outpaced Total Retail Trend
The Census Bureau of the Department of Commerce reported that the second quarter of 2024 e-commerce estimate increased 6.7 percent (±1.2) from the second quarter of 2023, while total retail sales increased 2.1 percent (±0.4) in the same period.
Five Iron Golf to Open Third Philadelphia Venue
In partnership with Brandywine Realty Trust, Five Iron Golf is developing its third indoor corporate-owned venue in Philadelphia’s Logan Square. The site will open early next year.
Famous Footwear Parent is Latest Footwear Retailer to Lower 2024 Guidance
Caleres, Inc. became the latest retailer to lower fiscal full-year guidance after reporting second-quarter fiscal 2024 sales and earnings. A top-line miss was driven by a 5.1 percent decline in Brand Portfolio sales and Famous Footwear comps down 2.9 percent.
Amped Fitness to Open First Studio in Texas
While the Richardson, TX location, set to open on October 14, will set the tone for future studios to open around the state, Amped Fitness is “considering the launch of another Signature location—a luxury fitness concept with unique amenities and a different price point, catering to those looking for a more exclusive fitness experience.”
TagMarshal Completes Series A Capital Raise
The equity will be used to continue to innovate and grow the company’s golf course optimization platform and to add value to its partners, which include 40 of the Top 100 golf courses in the U.S.
