SGB Update Sports & Fitness
Jazzercise Appoints New President
Before joining the company, Bobbi Quick held leadership roles at 24-Hour Fitness, The Bay Club Company and EōS Fitness.
Nordstrom, Inc. to Add Another Rack Store in New Jersey
The 26,000-square-foot store will be located in Manalapan Commons, a shopping center that includes Best Buy, Panera Bread, Five Below, PetSmart, and Raymour & Flanigan.
Iowa’s Caitlin Clark Putting People in the Seats for Women’s Basketball
The 6’0″ senior is averaging 32.1 points per game this season and is eight points shy of breaking Kelsey Plum’s scoring record of 3,527 points for most career points in Division I history.
Nike Mourns the Loss of Ambassador Athlete Kelvin Kiptum
Kelvin Kiptum, who shattered the Chicago Marathon course record in only his third marathon in October 2023, tragically died Sunday in a car accident. Nike wrote on their website that Kiptum was “an inspiration to countless athletes and fans around the world.”
Lacoste Names New Head of Finance
Philippe Gautier returns to Paris and assumes the role of executive vice president of Finance for Lacoste from Denis Lamoureux who has been in the position since 2017.
Deckers Brands Taps into Nike Running Leadership for New Hoka President
Robin Green has an extensive track record of leading and operating complex global businesses while delivering transformative results and brand growth, most recently as global VP of men’s running and fitness for Nike, Inc.
Crunch Fitness Appoints New President as Midgley Moves to Board
Chequan Lewis, former COO at Pizza Hut U.S., was president of Crunch. Ben Midgley will transition from CEO of Crunch Franchising to Crunch’s Board of Directors as of March 15, and will be integral in franchisee relations.
Report: January Year-Over-Year Retail Sales Trend Accelerates from December Trend
January sales were up in six out of nine retail categories on a yearly basis, led by online sales, health and personal care stores and clothing and accessory stores, and up in five categories on a monthly basis.
Former TaylorMade CEO Mark King Tapped as Big3 Chairman
The global 3-on-3 basketball league founded by Ice Cube and Jeff Kwatinetz tapped sporting goods industry veteran Mark King to join the Big3 as chairman of the Board of Directors.
Adidas Neuroscience Study Assesses Impact of Pressure on Sports Performance
Adidas set out to tackle the negative impact of pressure in sports and found that grassroots athletes experience the same amount of pressure as elite-level athletes but are less equipped to deal with it.
Amer Sports Prices and Increases New Private Notes Offering
The new size of the offering reflects an increase of $200 million in aggregate principal amount of the Notes from the previously announced offering size of $600 million.
NRF: Import Cargo Continues to Rise Despite Red Sea Disruptions
U.S. ports covered by Global Port Tracker handled 1.87 million Twenty-Foot Equivalent Units, one 20-foot container or its equivalent, in December, the latest month final numbers are available, down 1 percent from November but up 8.3 percent year-over-year, the report indicated.
Shein to Expand U.S. Presence with Seattle-Area Office
The company anticipates hiring over 50 employees in logistics and distribution to work from the new space by the end of 2024.
Under Armour North America Sales Fall 12 Percent in Fiscal Q3
Overall revenue was down 6 percent to $1.5 billion for the quarter as International revenues grew 7 percent. Revenue is expected to be down 3 percent to 4 percent for the fiscal year, tightening the previous expectation of a 2 to 4 percent decline.
Puma Appoints Julie Legrand to Lead Global Brand Strategy
Legrand brings 20 years of experience in marketing and brand management to the role. Most recently, she worked as H&M’s global brand director. She also held senior positions in marketing and brand at Procter & Gamble.
