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.
Author: SGB Media

Hibbett Sports Opens Store In Columbia
Hibbett Sports announced the opening of the newest Hibbett Sports location in Columbia, SC, located at; 2734 Decker Blvd in the Fashion Place Shopping Center.

Newell Brands’ Outdoor & Recreation Segment’s Q4 Sales Drop 7.4 Percent
Newell Brands reported the Outdoor & Recreation segment showed a small operating loss as core sales were down 7.4 percent.

RECALL: Rep Fitness Strap Safety Brackets
About 1,940 Strap Safety Brackets from Rep Fitness are being recalled.

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.

Inside The Call: Callaway’s Brewer Outlines Path To Golf Recovery And 40 Percent Equipment Growth In Q4
Callaway Golf Company CEO Chip Brewer let out an enthusiastic “wow” when looking back at 2020 during a recent conference call with analysts to discuss 2020 fourth quarter and full-year results.

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.

Former Polar President Joins Wüsthof
Tom Fowler, the former president of Polar Electro USA, has joined Wüsthof’s as president of the cutlery maker’s Americas business unit.

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 […]

Klättermusen Enters Distribution Partnership With Sputnik Inc.
Klättermusen, the maker of mountaineering equipment, announced it has entered into a new exclusive distribution partnership in Japan with Sputnik Inc.