On Sunday, Eric Artz, REI’s president and CEO, became the latest retailer to try to reassure customers it’s safe to shop amid the coronavirus outbreak. A number of sporting and other events have already been canceled due to concerns.
Author: SGB Media
Compass Diversified Holdings To Acquire Marucci Sports
Compass Diversified Holdings on Monday announced that it has entered into a definitive agreement to acquire Baton Rouge, LA-based baseball equipment and apparel maker Marucci Sports LLC for $200 million.
Conversation With Bjorn Fjellstad Of Sweet Protection
Bjorn Fjellstad, managing director of the Norwegian apparel and protective gear maker Sweet Protection, is working to build momentum across the globe but especially in the U.S., which represents the brand’s biggest growth opportunity. He spoke with SGB Executive about Sweet Protection’s sharpened focus on this market, including the launch of a new category.
Sea Otter Classic Postpones April Event
The Sea Otter Classic, the outdoor cycling festival held in Monterey County, CA, has postponed its April event.
Boston Pro Show Offers Arnold Sports Festival Expo Vendors A Free Booth
The Boston Pro Show and Fitness Expo have offered to help displaced vendors and sponsors who were prevented from attending this past weekend’s Arnold Sports Festival Expo in Columbus, OH, due to global coronavirus concerns.
Freemotion Fitness To Forego IHRSA 2020 Trade Show
Freemotion Fitness said that due to the recent announcement of a state of emergency in California, the ongoing global concerns, and uncertainty over the spread of the Coronavirus, it has made the “difficult decision” to withdraw from IHRSA 2020 in San Diego.
Precor Decides Not To Attend IHRSA Due To Convirus Concerns
Precor said it won’t attend the IHRSA 2020 trade show in San Diego “due to the recent increase in coronavirus related health risks” and staff concerns.
Life Fitness To Skip IHRSA Over Coronavirus
Life Fitness said that due to the continued global spread of coronavirus, it has made the “difficult decision” to withdraw attendance to the IHRSA 2020 trade show in San Diego, CA
Fabletics Opens First Houston Store
Fabletics, the activewear brand Co-founded by Kate Hudson in 2013, opened its first Houston, TX store inside the Galleria Mall on Saturday.
IHRSA: Health Club Membership Reaches 64.2M Americans
More than one out of five Americans belonged to a health club or studio in 2019, totaling 64.2 million consumers ages 6 and older, according to the 2019 IHRSA Health Club Consumer Report. The latest data shows a fifth consecutive year of growth in membership.
Hibbett Pledges Support To Tennessee Tornado Victims
Hibbett Sports on Friday pledged support to the Community Foundation of Middle Tennessee (CFMT) by collecting donations in 146 stores throughout Tennessee, Alabama and Kentucky for the Middle Tennessee Emergency Response Fund.
Reports: Modell’s Preparing For Bankruptcy Filing
Modell’s Sporting Goods is preparing to file for Chapter 11 bankruptcy, according to reports. Mitchell Modell, CEO, told Bloomberg that Modell’s plans to file with a stalking-horse bidder in place in order to support a sale of the company in a bankruptcy auction.
Once Dust Settles With AOBC Shakeup, New Entities Could Thrive
The fiscal third quarter brought significant change to American Outdoor Brands Corp. (AOBC), whose portfolio includes the iconic firearms maker Smith & Wesson plus several brands in the sportsman’s and outdoor gear categories. Despite some stumbles in Q3, look for AOBC’s post-spinoff companies to prosper.
Aisle Talk Week Of March 2
Top headlines from across the active lifestyle industry featured in SGB during the week of March 2, 2020.
Brooks Running Takes Precautionary Measures Over Coronavirus
Brooks Running, which is based in Seattle, WA, is restricting all non-essential travel and encouraging employees to work from home if possible as part of its response to the coronavirus outbreak.
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