SGB Update Sports & Fitness
Spanx Appoints New CEO and Executive Chair
The company’s Board of Directors appointed Caroline (Cricket) Whitton as CEO and Jeanne Jackson as executive chair.
Puma to Supply Uniforms to Egypt to compete in Paris Olympics
The brand has a history in Egypt with long-term partnerships, including those with the Egyptian Football Association, the Egyptian Handball Federation and other teams and athletes.
Imperial Headwear Names Key Sales Award Winners for 2023
The company awarded Salesperson of the Year to Alan Hyman last week at the 2024 PGA Show, and honored Jim Maitland, sales representative for South Florida, with the 2023 Customer Service Award.
Mahomes, Tiger, Acquisitions, Job Cuts, and an IPO Drive January’s Most Read Articles
What do you get when the first month of the new year features news from a golfer named Tiger, a Statefarm spokesman named Patrick, job cuts, key acquisitions, a looming IPO, and a public fight between a company’s Board and its investors—very busy month for SGB Media.
Under Armour Appoints New SVP, Managing Director for EMEA
With nearly 20 years of experience growing high profile brands including Adidas, TaylorMade, Under Armour, and Yeti, Kevin Ross is said to bring proven talent and regional expertise to the company.
NRF Economist: Labor Market and Interest Rates Will Play Major Roles in 2024
After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend on the labor market and what the Federal Reserve does with interest rates, according to NRF Chief Economist Jack Kleinhenz.
Tony Spring Taking Helm as CEO and Chair-Elect of Macy’s, Inc.
Jeff Gennette will continue as chair of the Macy’s Board of Directors until its 2024 Annual Meeting when Spring will take the helm as chair during the meeting.
Stromer Grows Leadership Team
Welcomes Christoph Lindlein as CMO, Franz Reindl as CTO, and Lennart Wolff as a regional account manager.
Lotto Hires Head of Talent for U.S. Soccer Division; Adds to Athlete Roster
Lotto hired former Major League Soccer MVP Mike Magee as the first head of talent for its U.S. soccer division and signed St. Louis City SC vice-captain and defender Tim Parker as an ambassador athlete.
Decker Brands Names New CEO Designate as Powers Plans Retirement
Dave Powers has decided to retire as president and CEO, effective August 1, 2024. Stefano Caroti, the company’s chief commercial officer, will be appointed president and CEO, effective upon Powers’ retirement.
Circana Creates Global Commercial Group as Tim Bush Plans Exit
The creation of a Global Commercial organization, which will encompass Circana’s global client verticals and solution groups, will be led by Jeremy Allen in the newly created role of chief commercial officer.
The Picklr Taps Former NFL QB to Open Midwest Pickleball Locations
Drew Brees will also become an owner of several facilities and act as the area developer of 30 Picklr franchises throughout Indiana, Ohio, and Michigan. An inductee of Purdue’s Intercollegiate Athletics Hall of Fame,
Pickleball Kingdom Expands into Washington State
Pickleball Kingdom is expanding into Seattle and Bellevue, WA, respectively, spearheaded by franchisee John Hyland.
Peloton Shares Down on Lower Outlook, Mixed Fiscal Q2 Results
Total revenue was down 6 percent to $743.6 million for the fiscal second quarter ended December 31, 2023. Connected Fitness segment revenue was $319.1 million, down 16 percent year-over-year. Subscription revenue was up 3 percent to $424.5 million for the period.
Pickleball Kingdom Expands into Austin, TX
The Austin franchisee is Jared Jolly, a seasoned entrepreneur. He has reportedly built multiple businesses in mobile communication, online stores and in the wholesale space.
