SGB Update Sports & Fitness
Motocaddy Strengthens U.S. Sales Team Following Record Growth
The new joint Vice Presidents of Sales, Mike Samoles and Andy Warren, have over 50 years of golf industry experience between them and join the brand following a reported record growth of 42 percent last year.
American Apparel Expands Reach in Australian and New Zealand Markets
American Apparel, owned by Gildan Activewear, is expanding its reach in the Australian and New Zealand markets, releasing its 2024 product line through a dedicated e-commerce website.
Sacks Parente Golf Widens Net Loss as Product Sales Expand
The golf equipment start-up company reported $349,000 in revenues for the 2023 full year, compared to $190,000 in 2022.
IHRSA Wraps 2024 Trade Show & Convention, Names New Board Members
IHRSA 2024 welcomed more than 300 exhibitors, 150 speakers and 8,700 fitness professionals, show organizers reported preliminary number show a double-digit increase in attendance from 2023’s venue.
Joyride Closes Series A Funding to Connectivity in Low-Speed Electric Vehicles
The company powers connected electric vehicles in over 250 global markets, from e-scooters and e-bikes to mini-cars and golf carts.
USPTA Names Chief Development Officer
The United States Professional Tennis Association promoted Ramona Husaru to chief development officer from her prior position as director of education and certification.
Caleres, Inc. Hires Liz Dunn for Strategic Planning and Communication Chief
The parent of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, hired Liz Dunn as SVP of corporate development and strategic communications
Concert Golf Partners Names CFO
Earlier in his career, Charles Bracher worked in finance roles at Goldman Sachs and Arnold Palmer Golf Management and with the eventual founders of Concert Golf, CEO Peter Nanula and COO Susan Dunnavant.
Hibbett, Inc. Sees Q4 Net Income Decline as Comp Sales Fall 6.4 Percent
Brick-and-mortar comparable sales declined 9.2 percent, while e-commerce increased 6.9 percent on a year-over-year basis, excluding the impact of the 14th week. E-commerce represented 18.9 percent of total net sales for the Fiscal 2024 Q4 period.
Amazon’s Inaugural Big Spring Sales Event Begins March 20
Amazon’s first Big Spring sale kicks off on March 20 and runs through March 25. Free Prime shipping applies during the sale with free same-day or one-day delivery.
Fitness Ventures to Open Second Crunch Fitness in Oregon
Crunch Medford, opening this summer, will occupy 43,000 square feet and include $5 million in new fitness equipment.
BowFlex Inc. Delisted from NYSE; Assigned New Stock Symbol for OTC Market
The company’s common stock has been assigned the symbol “BFXXQ” with respect to quotations on the over-the-counter market, following its delisting from the New York Stock Exchange.
G-III Apparel Swings to Q4 Profit as Owned-Brands Increase as Share of Business
The company said it delivered strong growth with DKNY, Karl Lagerfeld and Vilebrequin, increasing penetration of its higher margin, owned brands to 47 percent of fiscal 2024 net sales, up from 40 percent last year.
Fleet Feet Strengthens Leadership Team; Expands Roles To Fuel Growth
With a network of almost 200 franchise stores, Fleet Feet continues its commitment to nurturing and supporting the success and health of its franchisees.
Dick’s Sporting Goods Sees Q4 Comps Up 2.8 Percent As Net Grows 26 Percent
Dick’s Sporting Goods expects fiscal 2024 full-year comparable store sales growth to be in the range of 1.0 percent to 2.0 percent and net sales in a range of $13.00 billion to $13.13 billion.
