SGB Media Online | Active Lifestyle Market B2B Information
WEBNRF: U.S. Not Likely Headed Into Recession, but Jobs Market Slowdown Possible. September 9, 2024. NRF’s chief economist believes the U.S. economy has dodged a recession, but is on the cusp of nailing a long-awaited soft landing with a simultaneous cooling of growth and inflation. However, the jobs pictures seems to be another story.
Inside The Call: Nike’s Digital Transformation Reaches Another Gear
WEBJun 25, 2021 · Inside The Call: Nike’s Digital Transformation Reaches Another Gear. June 25, 2021. SGB Executive. by SGB Media. Nike delivered a significant fourth-quarter earnings beat with the help of accelerated growth in the North America and EMEA regions. Stronger-than-expected FY22 guidance and a bullish multi-year outlook were also provided as …
Rawlings To Become Even Bigger Baseball Powerhouse With …
WEBOct 22, 2020 · In 2018, Los Angeles-based private equity firm Seidler Equity Partners partnered with MLB to acquire Rawlings from Newell Brands Inc. for $395 million. MLB acquired a minority stake in Rawlings as part of the transaction. The Rawlings and Easton merger will help the brands further invest to grow the game of …
Garmin to Acquire German Distributor | SGB Media Online
WEBMay 8, 2007. SGB Executive. by SGB Media. Garmin Ltd. has signed a letter of intent for the proposed acquisition of GPS Gesellschaft fur Professionelle Satellitennavigation mbH (“GPS GmbH”), the exclusive distributor of Garmin's consumer products in Germany. The completion of the acquisition is subject to the negotiation and execution of a ...
West Marine Reaches Restructuring Deal to Avoid Court Proceedings
WEBWest Marine agreed to restructure roughly $800 million of the company’s debt in out of court proceedings with the assistance of L Catterton, its private-equity owner, sources told the Wall Street Journal. The Fort Lauderdale, FL-based boating and fishing suppliers retailer, with 230 stores in 38 states, will receive $125 million of new funds from L Catterton, which acquired West Marine in ...
Inline Skate Sales Soaring | SGB Media Online
WEBAug 16, 2020 · While the number of inline skaters in the U.S. has been dropping—down from a high of 19.8 million in 2006 to 11.6 million in 2018—sales since the COVID-19 outbreak have been on more than solid footing. Manufacturer Rollerblade reports that its sales have increased more than 300 percent since the …
Asics North America Region Sales Drop In Q4, Rebound ... - SGB …
WEBFeb 12, 2021 · Asics’s sales in its North American region fell 11.9 percent in the fourth quarter as continued robust online growth was offset by wholesale declines. However, Asics predicted a return to double-digit growth in 2021. Sales reached ¥16,579 million ($158 mm) against ¥18,818 million a year ago. The figures were obtained by subtracting nine ...
Report: Gymshark Exploring IPO | SGB Media Online
WEBOct 14, 2021 · Report: Gymshark Exploring IPO. October 14, 2021. SGB Update. The U.K.-based fitness apparel and athleisure brand Gymshark is in preliminary talks with banks and institutional investors over a potential IPO, according to Sky News. The report indicates that the brand has been “aggressively” pitched to by investment banks in recent months and ...
Xponential Fitness Founder Resigns from CEO Post After Board …
WEBMay 20, 2024 · Xponential Fitness, Inc. Founder Anthony Geisler resigned as CEO of the company. Brenda Morris, an experienced C-Suite executive and member of Xponential’s Board of Directors since 2019, will continue to serve as Xponential’s Interim CEO. Morris was initially appointed interim CEO after the company’s Board of …
Zwift Pauses Smart Bike Plans Amid Layoffs | SGB Media Online
WEBMay 28, 2022. SGB Update. Indoor training platform Zwift has paused plans for the production of a smart bike, with a reported lay-off of over 150 employees. “Given the current macroeconomic environment, we have decided to scale back our hardware offering, pausing plans to launch a smart bike. As a consequence, Zwift has implemented difficult ...