The shake-up follows leadership changes and layoffs that CEO Elliott Hill implemented as part of his turnaround plan to profitability. Muge Dogan, formerly of Amazon.com, Inc., will remain as the company’s chief technology officer.
Author: SGB Media

Toca Football Raises $35 Million, Extends Partnership with MLS
The U.S.-based indoor soccer experience company that operates two primary businesses: Toca Soccer and Toca Social, raised an additional $35 million in funding, including $15 million in equity and $20 million in debt financing from J.P. Morgan Commercial Banking.

Authentic Brands Group Acquiring Dockers Business
The owner of the Eddie Bauer, Reebok, Forever 21, Aéropostale, Brooks Brothers, Lucky Brand, Nautica, and Nine West brands has entered into a definitive agreement with Levi Strauss & Co. to acquire its Dockers business for an initial transaction value of $311 million.

Haro Bikes Hires European Sales Director
Christoph Kronenberg has reportedly held senior positions at 3T Bike, Bianchi Bicycles, and with his own business, BCP Bikes. Most recently, as country and sales manager DACH for 3T.

Target Sports USA Announces New Customer Service Manager
The ammunition supplier headquartered in Cheshire, CN, announced the promotion of long-time team member Yashti Singh to customer service manager after six years of working in the department.

Helinox Adds Key Leadership to Strengthen European and U.S. Market Growth
The maker of portable furniture and outdoor gear has added Ethan Moon as COO, Chi-Wang Cheung as chief strategy officer and Markus Hefter, director and head of European sales and operations. Daniel Hartung will continue to head design and innovation in Europe.

Timberland Taps Industry Vet for Global Product Design and Creative Direction
Darren Leon Mckoy worked at Dr. Martens for over 10 years before the move to Timberland this spring. He was previously at Asics Europe BV working on SportStyle, as well as The North Face EMEA and Adidas Originals.

Bodybar Pilates Expands National Footprint with Eight New U.S. Studios in Q1
With a focus on high-demand markets for dynamic group fitness, Bodybar Pilates expanded its national footprint with eight new studios in the first quarter, bringing the total number of open locations to 54.

Camping World Holdings, Inc. BOD Appoints Brent Moody Vice Chairman
Moody has served on the Board of Directors of Camping World Holdings, Inc. since May 2018. He has been with the company for nearly 23 years and has served in various leadership positions.

EXEC: Fila/Acushnet Parent Sees 4.6 Percent Growth in Q1
Korea-based Misto Holdings, formerly Fila Holdings Corp., reported sales were up 4.6 percent year-over-year in the first quarter as a strong performance of Acushnet, the parent of Titleist and FootJoy, offset ongoing softness at the Fila brand.

Nike’s Last Chief Strategy and Transformation Officer Heads to B&BW as CEO
Bath & Body Works has appointed Daniel Heaf as CEO. Most recently, he was Nike’s chief strategy and transformation officer since August 2023. Heaf left Nike in March 2025 after the company eliminated his position.

Xponential Founder and Former CEO Launches New Fitness Franchising Platform
Former Xponential Fitness Founder and CEO Anthony Geisler has launched an aptly-aimed new venture called Sequel Brands, described as a next-generation boutique fitness franchisor, has made its official debut, led by Geisler.

Crunch Fitness Franchisee Opens Florissant, Missouri Location
The new $5 million Crunch Florissant will be managed by the locally owned and operated Crunch Fitness franchisee, The Undefeated Tribe, and located in a former Gold’s Gym.

Report Defines Where U.S. Shein and Temu Shoppers are Spending More After Tariff Hit
To identify where consumers are spending their money, Consumer Edge analyzed shoppers who made at least two purchases at Temu or Shein in January or February 2025 but no purchases in March or April.

Pickleball Kingdom Franchise to Open in Arkansas
The indoor pickleball franchise, announced that its first club will open in Little Rock, AR, in November 2025. The facility will span approximately 30,000 square feet and feature 11 professional-grade indoor courts.