USTA Launches USTA Connect

The U.S. Tennis Association (USTA) launched USTA Connect, an initiative to connect key members of the U.S. tennis industry to increase industry collaboration and provide insights and services.

Brooks To Invest $10 Million In Young Runners

Brooks Running launched “Future Run,” representing a $10 million investment to “reach one million young runners in the U.S. over the next five years.” Brooks reported that “inactivity among kids is rising while budget cuts push schools to reduce or eliminate funding for physical education and activities.” “At Brooks, we believe the run can change […]

Wahoo Fitness’ Debt Ratings Lowered

S&P Global Ratings downgraded the debt ratings of Wahoo Fitness after the U.S.-based fitness technology company entered into a forbearance agreement with a term loan and revolving credit facility lenders in anticipation of missing principal and interest payments due March 31, 2023.

Boot Barn’s COO To Retire

Boot Barn Holdings, Inc. reported that Gregory Hackman, executive vice president and chief operating officer, plans to retire in June. He will continue in his position until then and transition his responsibilities to other company executives.

Jetson Electric Bikes Recalled

About 53,000 electric bikes manufactured by Jetson Electric Bikes are under recall as the batteries can overheat, posing a fire hazard. The U.S. Consumer Product Safety Commission reported that two sisters, ages 10 and 15, were killed in a fire, and the company’s 42-volt Jetson Rogue started the blaze.

Topgolf Callaway Brands Reports New Hires And Promotions

Topgolf Callaway Brands Corp., following its recent Q4 and FY 2022 earnings report, announced several executive promotions and new hires, reflecting “the increased scope and scale of responsibilities for these leaders to support the company’s long-term growth.”