The performance cycling products brand appointed Jeff Lockwood as director of global marketing. Lockwood arrived at Stan’s after a seven-year stretch as international marketing manager for Ritchey in Belgium.
Author: SGB Media
DHS Outlines Enforcement Actions to Support U.S. Textile Jobs
The Department of Homeland Security outlined an enhanced strategy to combat illicit trade and level the playing field for the U.S. textile industry, which accounts for over 500,000 U.S. jobs and is deemed critical to U.S. national security.
EXEC: CSG Taps JP Morgan Financing for the Vista Outdoor Ammo Deal
Czechoslovak Group issued a statement reaffirming its commitment to the proposed all-cash acquisition of Vista Outdoor, Inc.’s ammunition business for a total consideration of $1.91 billion, with fully committed financing from JP Morgan Chase.
EXEC: Decathlon Boasts Robust Growth for 2023 Despite Market Headwinds
Decathlon posted a solid year-over-year gain for 2023, with sales up 1.2 percent in reported euro terms to €15.6 billion for the year, or an increase of 4.4 percent in constant-currency terms.
The Beachbody Company Amends Term Loan
As part of the amendment, BODi is paying down $4 million in debt and reducing its outstanding balance to $25.5 million. The minimum liquidity covenant will be reduced by the same amount, from $22 million to $18 million.
Life Time Opens First Ground-Up Pickleball Facility in Minnesota
Life Time Chanhassen Pickleball opened on April 8 adjacent to the Life Time Chanhassen, MN, athletic country club and the company’s headquarters.
EXEC: Sports Direct to Open Two New Flagship Locations in London
The stores, one in Westfield Stratford and the other in Westfield London, are “further progress” in Sports Direct’s elevation strategy, while the Oxford Street flagship will remain the cornerstone of the Sports Direct brand in London.
Crunch Franchise Set to Open in Hagerstown, MD
Crunch Hagerstown, will occupy 32,000-square-feet in Hagerstown, MD, in a former Bed Bath and Beyond at 17716 Garland Groh Boulevard.
KPS Capital Partners to Acquire Sport Group
Sport Group designs, manufactures and installes artificial surfaces serving the global sports flooring, leisure, landscaping, and industrial markets in over 70 countries. Its brand portfolio includes AstroTurf, Polytan, SYNLawn, LigaTurf, Poligras, Rekortan, and Laykold.
Trugolf Releases E6 Apex Range Training Software, Signs 2024 PGA Coach of the Year
TruGolf Holdings, Inc.launched the first phase of its simulator software product, E6 Apex, which augments E6 Connect and signed 2024 PGA of America Teacher and Coach of the Year Joe Hallett, as an E6 Ambassador.
Stromer Launches Online Shop in the Netherlands
Stromer set itself the goal of offering customers a mobile solution with its Speed Pedelecs. With an online shop, the brand is working with its dealer network to offer customers the added option of an uncomplicated consumer experience.
Keen Launches Radical New Boot, Targhee IV with Keen.Fusion
Keen.Fusion creates a “mechanical bond stronger than glue using heat and pressure to fuse the sole and upper of the boot together into one piece.
Thule Group Recalls Certain RideAlong Child Bike Seats
The harness padding of the bike seats can contain flame-retardant DecaBDE in excess of regulatory limits, posing a chemical hazard. Only model number 100107 and date codes 21/3-23/10 are included in this recall.
NBDA Expands E-bike Database Initiative
The National Bicycle Dealers Association database is meant to be a vital tool for retailers, consumers, e-bike incentive programs, and municipalities seeking to ensure the highest standards of safety and quality in the e-bike market.
Pickleball Kingdom to Open in Hendersonville, TN
Pickleball Kingdom plans to open a second Tennessee location in Hendersonville, run by local franchisees Steven and Jaclyn Kilbas.
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