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.
Author: SGB Media
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.
EXEC: Levi Strauss Gets DD Lift from Beyond Yoga in Q1; Exits Footwear
Revenues from e-commerce grew 13 percent on a reported basis and 12 percent on a constant-currency basis, reflecting double-digit growth across the Levi’s and Beyond Yoga brands.
Crossover Culture Upgrades Court Presence With Fortune and Fatale
Crossover Culture released the Fortune and Fatale, two new basketball sneakers using its proprietary Ghost Foam technology.
VF Corp. To Roll Out 300 Additional Mono-Brand Retail Stores
The parent company of Vans, TNF, Timberland, and other active lifestyle brands engaged with Dubai-based global retail conglomerate GMG to expand its retail network across the Middle East, North Africa, and Southeast Asia markets over the next five years.
Teqball Descends On Tulsa
Tulsa, OK, was selected as this year’s exclusive host city for the 2024 U.S. Teqball tournament, which will be held from June 14-16 and broadcast live internationally.
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