SGB Sports & Fitness

SGB Update

Puttshack Opens Second Location in Atlanta

The mini-golf experience announced the planned opening of its 20th global location and second venue in Dunwoody, GA, a suburb of Atlanta, on November 6.

Toca Football Raises $100 Million In Funding

The largest indoor soccer center operator in North America and the official soccer training partner of Major League Soccer, raised approximately $100 million in private funding to accelerate growth and open additional soccer-themed Toca Social entertainment venues.

Modern Meadow Appoints CEO

Dr. Williamson will transition from president and chief operating officer to chief executive officer, effective October 14. He has worked in multiple roles since 2015 for the Bio-Vera sustainable-materials brand.

Optima Cycles Acquires Dolly Bikes

Amsterdam-based e-bike and electric cargo bike manufacturer Optima Cycles strengthens its position in the growing e-cargo bike market with the acquisition of Dolly, the e-cargo bike brand based in Utrecht, Netherlands.

361 Degrees Owned-Retail Posts Robust Growth in Q3

361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded product increased over 10 percent year-over-year for the third quarter of 2024, ended September 30, expanding at the same rate as the second quarter.

SGB Executive

EXEC: Nike’s Stock Nets “Buy” Upgrade on Leadership Changes

Nike scored its first rating upgrade since news arrived of Elliot Hill’s appointment as CEO. Truist Securities’ Joe Civello believes Nike’s increasingly veteran-driven management team can revive the brand’s marketing and innovation, including better promoting Caitlin Clark, while continuing to repair wholesale relationships. Civello also cited selling direct on Amazon as a “game-changer” opportunity.