All Racquet Sports articles – Page 5
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News briefs
Topgolf Callaway acquires US off-course golf operator BigShots Golf
Topgolf Callaway Brands Corp. announced that it has acquired certain assets of Dallas, Texas-based Invited, Inc., the largest owner and operator of private golf clubs in the US, related to its BigShots Golf business. The purchase price for the initial closing is approximately $29 million. The acquisition adds the BigShots ...
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AI-powered tennis app SwingVision raises $6 million
SwingVision has announced a $6 million Series A financing round led by Authentic Ventures. Other participants include pro tennis players Lindsay Davenport, Alison Riske and Rohan Bopanna, as well as Dropbox’s head of product Youssef Es-skouri and Glenn Solomon of GGV Capital. The new funding will be primarily used to ...
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Golf apparel market’s growth is fueled by mobile solutions and social media
The global golf apparel market is projected to accelerate at a compound annual growth rate (CAGR) of 6.26 percent during the 2022-2027 period, according to a new 163-page report by Research and Markets, titled “Global Golf Apparel Market 2023-2027.” The adoption of integrated mobile solutions that enhance the overall golfing ...
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Article
Skechers raises full-year earnings guidance as DTC continues to bolster Q3 sales gains
Skechers once again raised its earnings guidance for the full year after reporting better-than-expected results in the third quarter and despite continued uncertainty about the macroeconomic environment and consumer spending. Sales in the three months ended Sept. 30 reached a record $2,025.0 million, up by 7.8 percent compared to the ...
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On opens second London store
Swiss sportswear brand On is opening a second London store on Nov. 3. After unveiling a three-story flagship store in London’s Regent Street in February, the brand will now inaugurate a new location at 37 Brushfield Street at Spitalfields Market, in East London. The new 280-sqm store will sell the ...
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LIV Golf appoints COO
Source: LIV Golf Lawrence J. Burian Following a “competitive international recruiting process,” LIV Golf has announced the appointment of Lawrence J. Burian as Chief Operating Officer (COO). In this role, he will oversee a large range of responsibilities, including corporate development and strategy, investor relations, human resources, ...
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SSU: Tennis-Point insolvency will be followed by further insolvencies
According to information released after the insolvency of Tennis-Point GmbH, the parent company Signa Sports United (SSU) is preparing to open further insolvency proceedings in the coming days. Further insolvency applications for other legal entities of the SSU Group, “including Signa Sports United N.V.,” are in preparation, the company stated. ...
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Nearly 1,000 golf brands to showcase their products at 2024 PGA Show
The next edition of the PGA Show, the world’s largest gathering for the business of golf, will be held in Orlando, Florida, on Jan 23-26, 2024. The event is organized by the PGA of America and PGA Golf Exhibitions (part of RX) and is open exclusively to golf industry professionals. ...
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News briefs
On opens first flagship in French capital
Swiss sports brand On continues to expand its global retail network, opening its first flagship store in France – its third in Europe. Located in the historic Saint-Germain district of Paris, the 250-sqm store will showcase On’s latest product innovations. On’s Paris flagship store will officially open to customers on ...
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Netflix will host its first-ever live sporting event this autumn
Netflix has announced plans to stage The Netflix Cup, its first-ever live sports event. Scheduled for this autumn, The Netflix Cup will be a celebrity golf tournament featuring athletes from Netflix sports docuseries Formula 1: Drive to Survive and Full Swing. The event will be held at ...
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Article
First SSU subsidiary files for insolvency
Rumors are swirling: While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed ...
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News briefs
Tournament woes in the pádel world
Through Setpoint Events, the World Padel Tour (WPT) has canceled the Buenos Aires Padel Master, reducing its November tournaments to two: the Areco Malmö Padel Open and the Skechers Mexico Padel Open. The stated reason was delinquent payments from “the local promotors.” This would be the organization of Argentine businessman ...
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Adidas and Babe team up for golf-ready collection
Adidas and Japanese brand Bape® (“A bathing ape”) continue their celebration of Bape’s 30th anniversary with a golf-ready collection featuring a pair of custom Stan Smith sneakers and a selection of performance apparel and accessories. In addition to the Babe Stan Smith Golf with removable kiltie lace cover, golf graphic ...
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Article
Golf, walking and Nordic walking may enhance cognitive function in older adults
A recent study published in BMJ Open Sport & Exercise Medicine found out that playing a single 18-hole round of golf or completing 6 km of either Nordic walking or regular walking may significantly improve immediate cognitive function in older individuals. An international team of researchers from the University of ...
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Padel is experiencing exponential growth in Italy
Italy is second in Europe (after Spain) regarding the number of padel courts and participants, the International Padel Federation (IPF) said in a statement. The country experienced an increase of 16 percent in facilities (sports clubs, padel clubs, accommodation facilities) in the first nine months of 2023 compared to 2022 ...
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Premier Padel appoints Eno Polo as CEO
Source: Premier Padel Eno Polo Premier Padel, the global pro padel tour founded by Qatar Sports Investments (QSI) with the International Padel Federation (FIP) and the Professional Padel Association (PPA), has announced the appointment of Eno Polo as CEO, effective Nov. 16. Polo has a long-standing experience ...
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Serena Williams first athlete to receive Fashion Icon award
Serena Williams is receiving the Fashion Icon award at the 2023 CFDA Fashion Awards presented by Amazon Fashion. The tennis champion is the first athlete to receive this award. Williams, who smashed countless records during her career, is also an entrepreneur, philanthropist and designer. Her lifelong passion for design led ...
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A tennis-to-pickleball pipeline?
The pickleball brand Selkirk has signed an endorsement deal with Jack Sock, as we have learned from The Dink and Selkirk itself. At the peak of his career, Sock was the number-eight singles (2017) and number-two (2018) doubles player on the ATP Tour. He will be endorsing the Luxx line ...
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News briefs
Pádel brand invites you to rent before you buy
StarVie has introduced eight-day pre-purchase rentals for pádel racquets. The fee per rental is €22.90 and includes the costs of shipping to and from the customer and of insurance to cover any damage to the racquet. The racquet is delivered to and collected from whatever address the customer provides. If ...
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Article
LA28 proposes five additional sports for the 2028 Olympics
The 2028 Olympic Games Organizing Committee has proposed five sports for the Los Angeles Games, LA28, subject to approval by the International Olympic Committee (IOC). They are baseball-softball, cricket, flag football (a limited-contact version of American football), lacrosse and squash. The LA28 proposal now goes to the IOC Olympic Program ...