Golftec announced the opening of an instruction and club fitting center in Charlotte, NC. The company has more than 200 locations worldwide.
Author: SGB Media
Recall: Wiggle Vitus Kids Bikes
About 280 Vitus 14 and Vitus 16 kids bikes from Wiggle are being recalled. The Consumer Product Safety Commission said the bikes don’t meet U.S. regulations for kid’s sidewalk bikes because they have handbrakes but no coaster brake.
Recall: Burley Ballz QR Skewers
About 2,935 skewers in the U.S. and about 260 in Canada are being recalled by Burley Design because they can shear or bend.
Play It Again Parent Issues $30 Million Of Notes
Winmark Corporation announced the issuance of $30.0 million of 3.18 percent senior secured notes due 2028.
Allbirds Opens Store In Century City
Allbirds opened a new retail store and community center in Century City, CA. It is the brand’s third store in Los Angeles and 31st globally.
Hy-Vee Partners With Johnson Fitness On Fitness Showrooms
Hy-Vee Inc. announced that it is partnering with Johnson Fitness & Wellness to open in-store fitness equipment showrooms in select locations across its eight-state region.
Retail Imports Remain Strong But Growth Slows As COVID-19 Disruptions Continue
Double-digit growth in imports at the nation’s largest retail container ports is slipping to single digits as pandemic-related supply chain disruptions worldwide continue, according to the monthly Global Port Tracker report released by the National Retail Federation.
Vuori Appoints COO And VP Of International
Southern California-inspired activewear brand Vuori announced the hire of e-commerce veteran Peter LaBore as its first COO, and global executive Andy Lawrence as its first vice president of international.
Vista Outdoor Announces Definitive Agreement To Acquire Foresight Sports
Vista Outdoor Inc. announced that it has entered into a definitive agreement to acquire San Diego, CA-based Foresight Sports, a maker of golf simulators, for $474 million.
JD Sports Appoints Former Nike Exec To Board
JD Sports Fashion has appointed Bert Hoyt, most recently vice president and general manager of Nike EMEA, as its non-executive director, effective immediately.
Backcountry Appoints CFO
Backcountry has appointed Girish Satya chief financial officer of its global portfolio of brands, including Backcountry, Bergfreunde, Competitive Cyclist, Motosport and Steep & Cheap. Most recently, Girish served as a principal at TSG Consumer Products, Backcountry’s financial and strategic partner.
Peloton Launches Own Apparel Brand
Peloton announced it is launching Peloton Apparel, the company’s first collection made almost entirely of its own private label products.
Cirrus Cycles Announces Employee Promotions
Cirrus Cycles, Inc., makers of Kinekt Suspension Components, promoted Evan Wert, Jeremy Facer and Kelsey Lampe.
American Outdoor Brands’ Q1 Revenues Climb 20 Percent
Profits at American Outdoor Brands grew 94.4 percent in the first quarter ended July 31 as sales grew 20.4 percent and gross margins improved 70 basis points.
Helen of Troy Announces $500 Million Share Repurchase Authorization
Helen of Troy Ltd. announced that its Board of Directors has authorized the repurchase of $500 million of its outstanding common shares in keeping with its stated intention to return to shareholders capital not otherwise used for core business growth or strategic acquisitions.
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