The company is transitioning to a single CEO structure, with current Co-CEO and CFO Martin Hoffmann assuming the role of CEO. The company has also appointed four key senior leaders to further strengthen the existing team.
Category: Sports/Fitness
Celsius Holdings Completes Acquisition of Alani Nu
The acquisition, for $1.8 billion, includes $150 million in tax assets for a net purchase price of $1.65 billion, comprised of a mix of cash and stock.
Report: Taking a Global Pulse on Shopping with a Sustainable Mindset
To better understand the consumer perspective, Blue Yonder’s fourth annual Consumer Sustainability Survey surveyed more than 5,000 consumers across Australia and New Zealand (ANZ), France, Germany, U.K., and U.S. on their sustainable shopping opinions and behaviors.
Imperial Headwear Appoints Ryan Garrett as President of Pukka
Before his two-plus year stint in the Nike Headwear business, Garrett was with gearUp Sports for over a year and spent nine months at 3N2. He served for over seven years in various positions with BSN Sports, culminating in his role as a regional sales manager in 2014.
Beachbody Company Meets Top-line Estimates in Q4 but Earnings Missed
Revenue, despite the sharp decline in Q4, exceeded analyst estimates by 1.4 percent. Earnings per share (EPS) missed analyst estimates by 28 percent. Looking ahead, analysts are forecasting revenue to decline by 25 percent on average during the next 2 years.
Foot Locker, Inc. Nails Down New St. Petersburg Global HQ Site
The 110,998-square-foot space at 570 Carillon Parkway, is said to be a Class A office property in the heart of St. Pete.
Rural King Opens New Store in Alabama
Rural King has grown to over 130 stores in fourteen states, providing a broad range of essential goods, food, feed, seed, and other farm and home necessities to communities it serves throughout Alabama, Georgia, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.
Dakine Appoints Grégoire Tulasne as European Sales Manager
Tulasne brings a wealth of experience in the Action Sports industry, having launched Nike ACG, sb and 6.0 and having been the sales director for Volcom in France.
Leatt Corp. Revenues Jump DD in Q4 on Strong Body Armor and Helmet Growth
Sales of the brand’s most established category, neck braces, were down 25 percent in Q4 year-over-year as inventory is digested at the dealer and distributor level. Sales of ADV gear, designed for Adventure riding, exceeded expectations.
SBA Implements Made in America Manufacturing Initiative
The new SBA effort will cut $100 billion in regulation, expand access to capital and create dedicated infrastructure to support blue-collar boom.
Bass Pro Shops to Officially Open in Tyler, TX, with Evening for Conservation
The retailer will host a grand opening of its new retail store in Tyler, TX, with an Evening for Cnservation, on Wednesday, April 16. Every dollar spent during the event, 20 percent (on most items) will be donated to local conservation organizations, a tradition owner Johnny Morris started many years ago.
Sport Alliance Names New CEO
Alexandar Vassilev succeeds Gregor Bieler, who is stepping down for personal reasons. Headquartered in Hamburg, Sport Alliance is a global software company for the fitness industry, specializing in software solutions for studio management, financial services and mobile applications.
Specialist Sports Adds Category Director for UK and Europe
With over 25 years of experience in the golf industry, Ben Davis will focus primarily on driving the growth and success of the company’s golf brand representation in the UK and Europe for Payntr Golf,
Roger Cleveland Returns to Cleveland Golf as Founder and Brand Advisor
Since 1988, when Roger Cleveland first showcased the 588 Wedge, Cleveland Golf has been a game-changer in wedges, played with by 33 champions and responsible for over 400 PGA Tour victories. The company reports over 15 million wedges sold worldwide.
Recall: Specialized Vado and Como IGH E-Bikes with Chain Guards
Consumers should immediately stop using the Specialized Vado and Como IGH e-bikes and contact their nearest authorized Specialized retailer for a free installation of an updated protective chain/belt guard. Specialized Bicycle is contacting all known purchasers directly.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal