Sports/Fitness Financial

GNC’s CEO Exits

Mar 20, 2023SGB Updates

Josh Burris, CEO of GNC since February 2021, is no longer with the retailer, according to the Pittsburgh Business Times. (Read More)

True Spec Golf Opens Venue In Scottsdale

Mar 20, 2023SGB Updates

True Spec Golf has opened a location in Scottsdale, AZ in partnership with Talking Stick Golf Club. (Read More)

Club Champion Opens Location In Crawley, England

Mar 20, 2023SGB Updates

Club Champion reported opening a fitting studio at Platinum House, Sussex Manor Business Park in Crawley, a borough in West Sussex, England. (Read More)

Precor To Close North Carolina Plant

Mar 17, 2023SGB Updates

Precor, the fitness equipment manufacturer acquired by Peloton in early 2021, is closing its plant in Whitsett, NC, affecting 123 employees. (Read More)

Moody’s Upgrades Hanesbrands’ Speculative Grade Liquidity Rating

Mar 17, 2023SGB Updates

Moody's Investors Service upgraded Hanesbrands, Inc.'s speculative grade liquidity rating (SGL) to SGL-2 from SGL-3 to reflect Hanesbrands' improvement in liquidity as it has addressed all of its 2024 debt maturities. (Read More)

Start 2 Finish Acquires Fleet Feet Race Productions

Mar 17, 2023SGB Updates

Start 2 Finish Event Management, with offices in Atlanta, GA; Charlotte, NC; and Memphis, TN, reported it had acquired the Race Productions division of Fleet Feet St. Louis to expand its reach in the Midwest and further establish itself in the event management industry. (Read More)

Topgolf Callaway Brands Completes Debt Refinancing

Mar 17, 2023SGB Updates

Topgolf Callaway Brands Corp. completed a series of related transactions in support of a comprehensive plan to refinance its capital structure. Through these transactions, the company simplified and unified its financial reporting, extended its debt maturities, and improved liquidity. (Read More)

Wolverine Worldwide Announces New Board Chairman And Directors

Mar 17, 2023SGB Updates

Wolverine World Wide, Inc. reported today that its Chairman and retired CEO, Blake Krueger, will retire from the Board on May 4. Tom Long, the Board's lead independent director, will assume the role of Chairman on May 4. The company also elected three new board members—Stacia Andersen, Jodi Bricker and DeMonty Price. (Read More)

361 Degrees Posts 17 Percent Revenues Growth In 2022

Mar 17, 2023SGB Updates

Hong Kong-based 361 Degrees International Ltd. reported earnings grew 24.2 percent in the year ended December 31 as sales expanded 17.3 percent. (Read More)

Whing Golf Names National Sales Manager

Mar 16, 2023SGB Updates

Whing Golf hired Joseph De Peralta national sales manager in a newly-created position. (Read More)

GNC’s CEO Exits

True Spec Golf Opens Venue In Scottsdale

Club Champion Opens Location In Crawley, England

Precor To Close North Carolina Plant

Moody’s Upgrades Hanesbrands’ Speculative Grade Liquidity Rating

Start 2 Finish Acquires Fleet Feet Race Productions

Topgolf Callaway Brands Completes Debt Refinancing

Wolverine Worldwide Announces New Board Chairman And Directors

361 Degrees Posts 17 Percent Revenues Growth In 2022

Whing Golf Names National Sales Manager

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