Core Health & Fitness Secures Investment

Gainline Capital Partners announced that it has made an investment in Core Health & Fitness, the manufacturer of commercial fitness equipment manufacturing. Core’s current senior management team, led by founder, chairman and CEO Michael Bruno, will remain in place.

Nike Releases Fiscal 2019 Impact Report

Nike Inc released its latest Impact Report covering its fiscal year 2019. The report details the progress the company is making to reach its diversity & inclusion, community and sustainability targets for 2020.

Coronavirus Hitting Callaway’s Supply Side

Like any manufacturer with suppliers in China, Callaway Golf Co. is reeling from the coronavirus. The company lowered its outlook for 2020 because the coronavirus should have a negative impact of $25 million on sales into China and $13 million on EBITDA for the year, company officials told analysts on Monday afternoon’s earnings call.