SGB Update Sports & Fitness
NRF Forecasts Annual Retail Sales To Increase In 2022
The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 6 percent and 8 percent to more than $4.86 trillion in 2022. The 2022 figure compares with 14 percent annual growth rate in 2021, the highest growth rate in more than 20 years. This year’s sales forecast is notably above the 10-year, pre-pandemic growth rate of 3.7 percent.
Honma Golf Appoints VP Of Sales
Honma Golf named golf industry veteran Chuck Couch as North American vice president of sales. He was most recently vice president of Mizuno USA’s running division from 2016 to 2021.
Inov-8 Appoints Global Category Manager, Cross Training
Inov-8 has hired Chris Melton as global category manager for cross training. He will also head up the distribution of its footwear and apparel for Central and South America.
Clarks Appoints New CEO
Clarks has hired Jonathan Ram as CEO for Clarks shoes effective April 2022.
Golftec Adds Location In New Jersey
Golftec continues to expand its nationwide footprint announcing the opening of an instruction and club fitting center in Paramus, NJ.
Callaway Golf Adds Board Member
Callaway Golf Company announced that it has appointed Varsha Rao to its Board of Directors, which increases its members from thirteen to fourteen.
Carlyle Agrees To Acquire Dainese Group
Global Investment firm Carlyle announced that it has agreed to acquire Dainese Group, the maker of protective equipment for motorcycling and extreme sports, from Investcorp and Lino Dainese. Cristiano Silei will remain as CEO of the company.
Dick’s SG House Of Sport To Open In Minneapolis
Dick’s Sporting Goods announced plans to open its third Dick’s Sporting Goods House of Sport this coming May in Minnetonka, MN.
K-Swiss Appoints VP Of Marketing And Director Of E-Commerce
K-Swiss announced two new hires with the appointments of vice president of marketing, Anna Amador, and director of e-commerce, Kristina Barclay.
HanesBrands’ President Of Global Activewear To Exit
HanesBrands announced that Jon Ram, president of Global Activewear, including the Champion brand, is departing HanesBrands to work for another company closer to his family effective March 31.
RYU Apparel Secures U.S. Wholesale Representation
RYU Apparel, Inc., based in Vancouver, announced that Caraway & Company will act as its exclusive wholesale representative across the U.S., promoting and wholesaling RYU products to retailers nationwide.
Yue Yuen’s Sales Fall In February
Yue Yuen reported consolidated operating revenue in February fell 14.1 percent to $648.6 million from $755.4 million a year ago.
Jocko Fuel Secures Investment
Goode Partners, LLC, the New York-based private equity firm, announced a minority investment in Jocko Fuel, the maker of sports and lifestyle nutritional products.
The North Face Launches Athlete Development Program
The North Face announced it is expanding its athlete team by launching an Athlete Development Program designed to recruit and foster emerging talent.
Rally House Opens Store In Oklahoma City
Rally House opened its third store in Oklahoma with a store in Oklahoma City. Based in Lenexa, KS, Rally House operates 100-plus stores across 12 states.
