Walmart’s Chief Merchant Exits
Walmart’s chief merchandising officer, Steve Bratspies, will be departing. Scott McCall, currently Walmart's merchandise manager for toys, entertainment and seasonal goods, will succeed him. (Read More)
Sports/Fitness Retailer
Fitness Centers Aplenty On Entrepreneur’s 41st Annual Franchise 500
Planet Fitness landed at 7, Anytime Fitness, 22; and OrangeTheory Fitness, 43; on Entrepreneur Magazine's 41st Annual Franchise 500. Among retailers, Fleet Feet was 86 and Play It Again Sports was 269. (Read More)
Theragun Introduces Theragun University
Theragun Inc., the maker of hand-held percussive therapy devices, announced the launch of Theragun University, premiering the program with its partnership with Genesis Health Clubs. (Read More)
Genyouth Appoints Two Board Members
Genyouth, the national youth health and wellness nonprofit closely tied to the NFL, said Chris Michalak, CEO of Alight Solutions, and Dana Bolden, SVP Corteva Agriscience, have been appointed to its board. (Read More)
PGA Tour Announces Licensing Relationship With Full Swing Simulators
The PGA Tour announced a multi-year relationship with Full Swing Simulators as the new Official Licensee of the PGA Tour in the golf simulator category. (Read More)
Patrick Mahomes Leads NFL Jersey Sales
Patrick Mahomes has moved into the No. 1 position on the NFLPA’s official list of top-selling players, based on sales of all officially licensed NFL player-identified merchandise from March 1-November 30, 2019. Tom Brady has led jersey sales the past two seasons. (Read More)
Milliken To Acquire Borchers
Milliken & Company, which acquired Polartec in June 2019, signed an agreement to acquire Borchers Group Limited, a specialty chemicals company known for its coating additives and specialty catalyst solutions. (Read More)
Former NBA All-Star Michael Redd Joins ADvantage Sports Tech Fund
Former NBA all-star Michael Redd has joined the ADvantage Sports Tech Fund as a venture partner. (Read More)
FabFitFun Names First Chief Marketing Officer
FabFitFun announced that veteran marketing strategist Louisa Wee has joined the company as the first chief marketing officer, beginning this month. In this newly created role, Wee will oversee the strategy and execution for the company’s global marketing initiatives, as well as brand, content and creative programming. (Read More)
Tough Mudder Consents To Bankruptcy Proceedings
The majority shareholder of Tough Mudder, Will Dean, and the endurance event's board of directors have consented to bankruptcy proceedings for the company as well as a sale to Spartan Race. (Read More)
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