SGB Update Sports & Fitness
ABG Hires Entertainment Exec To Support International Growth
Authentic Brands Group (ABG), announced that sports and broadcast industry leader Kiyoshi Nakamura has joined its efforts in developing new business in the Asia-Pacific and European regions.
REI Increases Investment In Run Category
REI is piloting new store layouts and deepening staff training to support its running departments as part of a bigger investment in the running category.
Anta Sports Sees High-Teens Q1 Growth For Anta Brand
Anta Sports reported retail sales of Anta branded products recorded high-teens positive growth in the first quarter compared to the same period in 2021 while Fila’s retail sales saw mid-single-digit positive growth.
Asics Relaunches Sublimation Offering For Team Sports
Asics America has relaunched its sublimation offering for team sports through a new partnership with the largest sublimation manufacturer in the West.
Goat Signs Multi-Year Partnership With Paris Saint-Germain
The Los Angeles-based online retailer Goat has signed a multi-year global partnership with Paris Saint-Germain, the French sports giant, as its official sleeve partner.
Peloton Raises Monthly Subscription Fee For First Time
Peloton is hiking the monthly fee for its on-demand fitness content for the first time in its eight years in existence in North America while reducing prices across its Bike, Bike+ and Tread products.
March Retail Sales Grew Despite Higher Inflation
Retail sales grew in March even as inflation edged higher, the National Retail Federation said. The U.S. Census Bureau said overall retail sales in March were up 0.5 percent seasonally adjusted from February and up 6.9 percent year over year.
NBA And Foot Locker Europe Announce Multiyear Partnership Expansion
The National Basketball Association (NBA) and Foot Locker Europe announced a multi-year partnership expansion that will see the NBA and Foot Locker Europe refurbish basketball courts and host youth basketball clinics and events across Europe.
Hammerhead Promotes Vice President Of Product
Hammerhead, the Karoo 2 cycling computer maker, promoted Jessica Braun to vice president of product. In her new role, she will lead its software and hardware teams.
Delta Apparel Appoints President Delta Group
Delta Apparel Inc. appointed Matt Miller as the company’s president, Delta Group, effective April 25.
Escalade Sees Sales Jump 22 Percent In First Quarter
Escalade, Inc. reported earnings in the first quarter rose 24.1 percent on a 22.3 percent revenue gain. First-quarter 2022 results benefited from organic sales growth across the basketball, archery, pickleball, and indoor game categories, together with contributions from the company’s acquisition of Brunswick Billiards.
Activist Investor Blackwells Capital Renews Push for Peloton Sale
Activist investor Blackwells Capital has renewed its calls for Peloton to put itself up for sale, charging the connected fitness brand continues to flounder under new CEO Barry McCarthy.
Amazon To Surcharge U.S. Merchants For Fulfillment Services
Amazon sellers in the United States who use the company’s packaging and delivery fulfillment service will see a 5 percent surcharge on shipping due to rising fuel prices and growing inflation.
RunSignup Sees Reduction In Endurance Events
RunSignup, the registration provider for U.S. endurance events, produced its Q1 market assessment and business update. Overall, the data showed that the industry had fewer planned events, and participants were trending toward delayed registrations.
Pedego E-Bikes Hires Chief Marketing Officer
Pedego Electric Bikes, with over 200 stores worldwide, appointed Kevin Mayer as chief marketing officer of Pedego.
