SGB Executive compiled input from notes produced by a range of Wall Street sell-side analysts to get a feel for how the deal is being viewed and measure if the perspectives of the Street are fairly universal. They were not.
Category: Sports/Fitness
GoPro Takes Movie Goers Into the Eye of The Storm in Twisters
Director Lee Issac Chung and the team behind Twisters found GoPro cameras invaluable in making the action movie coming to U.S. theaters on July 19.
Topgolf Names Chief Operating Officer
Erin Chamberlin will join the company on July 22 from Penn Entertainment, Inc., where she has served as SVP of Regional Operations since 2019. Chamberlin will also join the company’s executive leadership team, reporting to CEO Artie Starrs.
International Olympic Committee Urged to Terminate Soda Sponsorships
Leading global health experts and advocates are urgently calling for the end of soda sponsorships at sporting events worldwide, through a new campaign “Kick Big Soda Out of Sport.”
Black Diamond Parent Taps Tripp Wycoff to Lead Rhino-Rack Americas Unit
Former Thule executive is now GM of the Americas region, David Cook is global head of OEM and Daniel Bruntsch is head of EMEA sales for the segment that manages the Rhino-Rack, Maxtrax, and Tred Outdoors brands.
New Balance Partners With the WNBA to Expand Basketball Presence
NB will create broadcast, digital and retail content featuring NB athlete and WNBA rookie Cameron Brink, the second overall selection in the WNBA Draft 2024 presented by State Farm, who signed a NIL deal with NB in 2023.
Birkenstock to Open First Storefront in Paris
Founded in 1774, Birkenstock’s first free-standing store will open on July 20 in Paris’ Marais district.
Birkenstock Promotes Van Schalkwyk to Managing Director Pasewalk Facility
Thomas van Schalkwyk, a South African national, oversees the daily operations at Birkenstock’s newest 35,000-square-meter production factory in the Berlin-Szczecin industrial park near Pasewalk, Germany. He has extensive experience in the manufacturing sector.
PickleRage to Open New Club in DC/Baltimore Metro Area
Opening its doors in Q4 2024, the club will be directly adjacent to the Thurgood Marshall International Airport in a densely populated community 11 miles north of downtown Baltimore.
Play It Again Sports Parent Sees Flat Q2 on Planned Decline in Leasing Revenue
The company recently made the decision to no longer solicit new leasing customers and pursue an orderly run-off of its middle-market leasing portfolio. Resulting leasing revenue was halved year-over-year.
Fitness Ventures LLC Set to Open Crunch Gym in Greenwood, IN
The 50,000-square-foot Crunch Greenwood will occupy the former Christmas Tree Shoppe at the Greenwood Pavilion when it opens in fall 2024.
Skechers Expands United Legwear & Apparel Partnership with EU and UK Distribution
Skechers will now have dedicated showroom space at ULAC Europe B.V.’s headquarters in Amsterdam and in its London showroom for its lifestyle and performance socks for men, women and kids.
Callaway Golf to Release Opus and Opus Platinum Wedges
Three key elements work in conjunction to provide “crisp, tour-level spin that promotes short game action and control like never before.”
Fitness International Acquires XSport Fitness
The operator of LA Fitness, Esporta Fitness, City Sports Club, and Club Studio brands, announced its acquisition of XSport Fitness, expanding its offerings in Chicago, New York and Virginia markets.
EXEC: Thule Posts Tepid Q2 Sales Growth; U.S. Market Seen as “Weak but Positive”
The North American market continued to be challenging with a high level of promotional activity. Sales of bike-related products, Juvenile & Pet and Thule branded products in Packs, Bags & Luggage showed growth in the region.
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