Sportsman’s Warehouse Holdings, Inc. appointed Sruti Patnaik as chief information officer leading its information technology efforts and building out its omni-channel capabilities. She was at Ross Stores.
Author: SGB Media
F45 Training’s Q1 Sales More Than Double
F45 Training Holdings, Inc. reported adjusted EBITDA surged 235 percent in the first quarter ended March 31 as sales climbed 175 percent. System-wide visits increased 6 percent globally to 7.2 million and 37 percent in the U.S.
Big Agnes Opens European Headquarters; Appoints International Operations Manager
Big Agnes announced the opening of its new European headquarters in Amsterdam. The Colorado-based outdoor equipment brand said it will be able to dedicate more resources to directly serve the core European markets. The office is led by International Operations Manager Fred van Drie.
Club Champion Opens 100th Fitting Studio
Club Champion opened its 100th fitting studio and said it’s on track to have 115 studios worldwide by the end of 2022.
PXG Opens Store In Fairfax
PXG opened a location in Fairfax, VA. The golf apparel and club maker now operates 14 locations.
Ardian Acquires Stake In Nutripure
Ardian, the private-equity firm, has acquired a stake in Nutripure, a digital brand specializing in sports nutrition and food supplements.
Catrike Adds To Sales Team
Catrike, the maker of recumbent trikes based in Orlando, FL, added industry veterans Carlos Pereyra and Darrell Cunningham to its sales team. They join Kristin Dismuke to round out the group.
Snipes Appoints Chief Marketing Officer
Snipes announced that Rich Foster will join the company as chief marketing officer reporting to Jim Bojko, president of Snipes U.S. operations.
Peloton, NordicTrack Maker IFit Settle All Litigation
Peloton and IFit have settled all pending litigation between the two companies. As a result, IFit has agreed to remove specific on-demand leaderboard technology from its products, and Peloton has agreed to license certain IFIT patents relating to remote control technology.
REI Appoints Chief Supply Chain Officer And General Counsel
REI Co-op announced that it hired Sylvia Wilks as senior vice president, chief supply chain officer and Minnie Alexander as vice president, general counsel and corporate secretary, effective May 23 and on May 31, respectively.
F45 Announces $150 Million Financing Facility To Accelerate U.S. Expansion
F45 Training Holdings, Inc. announced a strategic financing facility with affiliates of Fortress Credit Corp. The new facility will allow the fitness boutique operator to immediately offer eligible franchisees access to growth capital to support the development of new F45 studios across the U.S.
Allbirds Opens Locations In Chicago And Nashville
Allbirds opened stores in Chicago and Nashville, TN to bring its store count to 43.
Fila USA’s Sales Slip In First Quarter
Fila Holdings reported sales at its Fila USA segment were KRW 135.3 billion ($104 mm) in the first quarter, down 8.1 percent on a reported basis and 15.1 percent on a currency-neutral basis.
Gregory’s Sales Decline 4 Percent In First Quarter
Samsonite International S.A. reported sales in the first quarter ended March 31 at Gregory reached $15.1 million against $15.8 million a year ago, a decline of 4.0 percent on a reported basis. Sales were flat on a currency-neutral basis.
EVent Fabrics Expands Sale Team
EVent Fabrics announced the expansion of its sales team in North America, Southern Europe and China. Joining the company are Temo Reyna, senior sales manager for North America, Lily Li, sales manager China, and Cristian Massignani, sales agent, in Southern Europe.
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