GNC Appoints New CEO

GNC announced that Josh Burris will assume the role of chief executive officer and Cam Lawrence will assume the role of chief financial officer, effective immediately.

Authentic Brands Group’s Debt Ratings Outlook Upgraded

S&P Global Ratings revised its debt ratings outlook on Authentic Brands Group (ABG) to stable from negative due to stronger-than-expected third-quarter results ended Sept. 30, 2020. The rating agency also expects sustained improvements over the next year.

Peloton Announces Closing of $1.0 Billion Notes Offering

Peloton Interactive Inc. announced that it has closed its offering of 0 percent convertible senior notes due 2026 for gross proceeds of $1.0 billion, including the full exercise of the $125.0 million option to purchase additional notes granted by Peloton to the initial purchasers.

Beachbody To Become Publicly Traded Company

Beachbody Company Group LLC said that it plans to become a public company by entering into a definitive three-way merger agreement with Forest Road Acquisition Corp. (FRX), a publicly-traded special purpose acquisition company, and Myx Fitness Holdings LLC.

UFC Gym Appoints CEO

UFC Gym announced the promotion of Adam Sedlack to chief executive officer while the fitness center’s former CEO, Mark Mastrov, will move on as executive chairman.

Hydro Flask Announces 2021 Grant Recipients Of Parks For All Program

Hydro Flask announced the grant recipients of its 2021 Parks for All program. The company will donate more than $400,000 in grants to 15 non-profit organizations focused on building, maintaining, restoring, and providing access to public parks and green spaces worldwide, amounting to over $1.9 million since the program’s inception in January 2017. “Hydro Flask […]

Honey Stinger Expands Hive Elite Program For 2021

Honey Stinger announced its 2021 Hive Elite Program roster. Twenty-seven athletes join 23 top returning athletes from the 2020 program to form a team of 50 athletes to represent the brand in 2021 through training, competition, community outreach, and athletics. The athletes compete across a broad range of disciplines. Individually selected based on Honey Stinger […]

Igloo Releases Special-Edition Nascar Playmate Coolers

Igloo and NASCAR have released five NASCAR-branded Playmate coolers featuring custom artwork inspired by drivers, cars and the Daytona International Speedway. The launch is timed with the Daytona 500 and the start of the 2021 season. This special-edition Playmate series is licensed by NASCAR and available on February 14. “Teaming up with NASCAR has been […]

Pinarello U.S. Introduces Scuderia Pinarello

Pinarello U.S. announced its Scuderia Pinarello, a team of U.S. brand ambassadors who collectively represent a broad spectrum of committed cyclists. The Scuderia Pinarello, which means stable or team in Italian, includes eight athletes, ranging from an Olympic medalist to a gravel-racing champion, a big-wave surfer, and a community cycling advocate. “Our mission with the […]