Atomic Strengthens North America Leadership Team, Adds New GM

Sean Kennedy, a 12-year Atomic veteran, has been promoted to general manager, North America. He was most recently marketing director for North America. He reports to Christian Haitzmann, VP of commercial, reflecting the closer alignment of regional omni-channel execution within Atomic’s global commercial organization.

Xponential Fitness Names New President

Danielle Parra is said to bring over 20 years of experience in operations, marketing, product development, and digital across franchise systems and private equity-backed organizations.

GSI Outdoors Re-Acquired by Founding Siblings

GSI Outdoors was founded by the Scott siblings 41 years ago. After selling the company in 2022 to Pelican International, the Scotts remained closely involved in the brand’s operations. Following a period of corporate restructuring at Pelican over the past year, the family said they saw a path to reacquire the business.

Reports: Shein to Acquire Everlane

China’s fast-fashion platform Shein is acquiring U.S. apparel brand Everlane from majority owner L Catterton in ​a deal valuing the U.S.-based apparel ‌retailer at about $100 million, according to reports.

Newton Golf’s Q1 Loss Expands on Growth Investments

Newton Golf Company, Inc. reported revenue in the first quarter totaled $1.0 million, down 18 percent from $1.2 million in the prior-year quarter due to temporarily reduced manufacturing capacity and delayed order fulfillment associated with operational initiatives implemented during the quarter to support future growth opportunities.