<p>Luke Carlson, founder and CEO of Discover Strength, becomes The Health & Fitness Association (HFA’s) new chairman. Al Noshirvani, managing partner of ALTA Technology Group and owner of Method Gym, acts as vice chair; Ahmar Azam, CEO and founder of TriFit, as finance chair; and Jeff Sanders, chief growth officer and partner of Energy Fitness, as secretary.</p>
<p>SGB Media will not publish its regular SGB Morning Update or SGB Evening Update newsletter cadence the week of Independence Day, July 4, 2025. SGB Media will resume normal distribution on Monday, July 7.</p>
<p>The German maker of helmets and goggles for ski, cycling and equestrian purposes announced that Warburg Pincus will acquire a majority interest in the company. The owner families Winter and Grau will retain a significant minority stake and be actively involved in the future growth of the business.</p>
<p>The Italian manufacturer of road bikes, accessories and apparel announced the opening of its new subsidiary in Shanghai, enabling the company to directly manage its operations in the Chinese market.</p>
<p>The purchase, including Anderson’s manufacturing facility and machinery, is expected to strengthen Ruger’s production capabilities and expand its product offerings. Ruger will not continue the Anderson Manufacturing brand or its firearms products</p>
<p>The revised deal includes the elimination of Vietnam tariffs on U.S. goods and a higher tariff on Vietnam shipments to the U.S, although it amounts to less than half of the 46 percent tariff imposed by the Trump Administration in early April.</p>
<p>The Dutch bicycle giant’s sales dropped 22 percent in 2024 due to extensive discounting in the bike space but growth has resumed in the P&A (parts and accessories) business and certain key regions in early signs of recovery.</p>
<p>Through this renewed agreement, Dick’s Sporting Goods will continue as the “Official Sporting Goods Retailer “and an “Official Marketing Partner: of the WNBA through the 2028 season.</p>
<p>The round was led by Inspired Capital, with participation from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures, bringing the company’s total funding to $27 million. Remark describes itself as an AI company making online shopping more human.</p>
<p>The store also serves as a gallery, allowing customers to “touch and feel each fabric, to see where the product fits into travel, daily performance and recovery,” the company stated in a media release.</p>
<p>The parent company of the Bell, Bushnell, CamelBak, Fox, Giro, and Simms Fishing brands, and others, has opened the Bozeman Innovation Center, a new hub of “outdoor gear excellence” for several of its brands.</p>
<p>The owner of the CLMBR and FORME specialty fitness equipment brands and pending acquirer of Sportstech has completed its previously announced all-stock acquisition of Wattbike.</p>
<p>The manufacturer of hunting gear, opened its latest retail store in San Antonia, TX, following the launch of its Dallas retail location, deepening its presence in the Lone Star State.</p>
<p>The Tampa and Portland stores are located in “dynamic markets, making them ideal locations to unveil a new store experience that reflects our brand ethos. —Tony Aversa, senior vice president and general manager of Champs Sports</p>
<p>Portuguese fiber producer Altri SGPS S.A. has agreed to acquire a majority interest in Swiss clean technology company AeoniQ to support the commercial-scale development of a biodegradable cellulose-based filament designed to replace polyester and nylon.</p>
