Fanatics secured $325 million in new funding as it looks to expand into other business opportunities, including sports sectors such as NFTs, gambling, gaming, ticketing, media, and more. Founder and Executive Chairman Michael Rubin will be taking over the role as CEO of the broader Fanatics company.
Author: SGB Media
Alterra Names New President & COO Squaw Valley Alpine Meadow
Alterra Mountain Company has hired Dee Byrne as the new president & COO of Squaw Valley Alpine Meadows based in Olympic Valley, CA, effective immediately.
Aqualung Hires Director, Go-To-Market, North America
Aqualung announced it has hired Kendall Brandau as director, Go-To-Market, North America.
Prana Appoints Director Of North American Sales
Prana announced the promotion of Christian Castellani to North America sales director.
Inside The Call: Callaway Golf Rides Golf’s Resurgence To Blowout Second Quarter
Callaway Golf Co.’s sales catapulted 208 percent in the second quarter, boosted by the addition of Topgolf and a nearly doubling of golf equipment and soft goods revenue as the sport of golf shows little sign of losing momentum. Chip Brewer, president and CEO, said beyond the many new entrants due to the pandemic, core golfers are “playing more than ever and showing strong enthusiasm for the game.”
Puma Signs Christian Pulisic
Puma has signed Christian Pulisic, the American soccer star, to an endorsement deal. He had been with Nike.
Slinger Bag Generates $11.2 Million In Annual Sales
Slinger Bag Inc., in its first full year in operation, said it generated gross revenues of $11.2 million on sales of over 20,000 Slinger Bag tennis ball launchers and accessories.
Report: Filson Reduces Factory Workers
Filson has laid off dozens of factory workers in facilities in Seattle and Kent in recent weeks but rejected speculation in the marketplace that the outerwear maker planned to end production in Washington in the summer of 2022, according to The Seattle Times.
Planet Fitness Sees Q2 Sales Climb 241 Percent
Planet Fitness Inc. reported a profit against a loss in the second quarter ended June 30 as sales recovered against year-ago widespread facility closures tied to the pandemic. The fitness chain also said it added 700,000 net new members since the end of its first quarter, marking six consecutive months of net membership growth.
Callaway Golf Sees Sales Triple In Second Quarter
Callaway Golf Company reported sales in the second quarter ended June 30 surged 208 percent, boosted by the addition of Topgolf and a nearly doubling of revenues golf equipment and soft goods revenue.
Nautilus Reports Record Quarterly Sales
Nautilus Inc. reported first-quarter sales in its second quarter ended June 30 jumped 61.7 percent on the strength of sales from its connected fitness bikes and treadmills, like the Bowflex VeloCore bike and Bowflex T22 Treadmill, and robust sales of its SelectTech weights.
Brooks Running’s Revenues Surge In Second Quarter
Brooks Running reported sales during the second quarter rose 75 percent compared to 2020.
Hibbett Opens Stores In Kansas City And Griffin
Hibbett announced the opening of the first Hibbett Sports location in Kansas City and the opening of a City Gear location in Griffin, GA.
Nautilus Enters Strategic Partnership With FitOn
Nautilus, Inc. announced a licensing agreement with FitOn to enhance its JRNY member experience by offering off-product workouts accessible via Nautilus’ JRNY digital fitness platform and app at no additional charge.
Nautilus Appoints Chief Legal Officer
Nautilus Inc. announced that it has hired Alan Chan as its chief legal officer effective August 2. It also announced the appointment of Sarah Jones, formerly corporate controller, to principal accounting officer.
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