Therabody Partners with Garmin to Bring Smarter Recovery Solutions to Athletes
“To be able to combine Garmin’s best-in-class health and activity data with Therabody’s excellent recovery routines will provide uniquely personalized recovery recommendations that are not available with any other wearable integration today.” —Monty Sharma, president and CEO, Therabody.
Newton Golf Company Appoints CFO
Ryan Stearns brings over two decades of financial expertise working in public and private sectors. His extensive experience in mergers and acquisitions, capital funding and financial process optimization will “position him to make an immediate impact.”
Report: Holiday Retail Return Rate Jumps 28 Percent as U.S. Sales Reach $282B
Salesforce is reporting that the data in its system shows that holiday retail sales surged to a record $1.2 trillion globally and $282 billion in the United States, but high returns could dampen retailer overall profit margins.
EXEC: SGB 2025 Look Ahead with Active Lifestyle Market Leaders
Leaders in the active lifestyle space expressed cautious optimism about 2025 with inflationary pressures easing, supply chains largely normalized and generally healthy interest in sports. Insights from Academy Sports, Brooks Running, Rawlings, Fleet Feet, Selkirk Sport and others.
Five Iron Golf Co-Founders Invest in Tiger’s New York Golf Club
TGL, co-founded by Tiger Woods and Rory McIlroy’s TMRW Sports, received an investment from Five Iron Golf Co-Founders Jared Solomon, CEO and Katherine Solomon, chief legal officer, to drive excitement around New York Golf Club and TGL.
Camelbak, Bell/Giro Parent Revelyst Completes Sale to Financial Firm
The parent of Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, Simms Fishing was acquired by SVP in an all-cash transaction based on an enterprise value of $1.125 billion.
Famed Golf Club Designer Richard Parente Passes Away
As the first President of Callaway Golf, Parente was instrumental in creating the first production-milled putters and the S2H2 designs. He pioneered the first milled driver heads and developed AVDP, a lightweight grip-and-shaft system designed for faster swinging irons and drivers. Parente has over 30 golf patents.
Perfect Moment Enlists Sales Agencies in Southern Europe and Japan
These new Southern Europe and Japan agencies partnerships with TBrand and Maison DixSept follow Perfect Moment’s recently announced North America sales agency partnership with CD Network.
EXEC: SGB 2025 Look Ahead with Trade Association Leaders
Trade associations representing the active lifestyle space shared their concerns with SGB Executive regarding potential tariffs, supply chain disruptions and the likelihood of an unstable economy in 2025. However, they were generally upbeat about the year ahead.
EXEC: SGB 2024 Year in Review Wrap Up
If you are just back from two weeks in Fiji, never fear as SGB Media has you covered on the people, brands and issues that made 2024 a year to forget for many retailers and brands in the active lifestyle space.
Crunch Franchisee to Open Newest Location in Gainesville, GA
Crunch Gainesville, GA, a 40,158-square-foot fitness facility, will open in late Spring/early Summer 2025, and be among the first clubs with the company’s updated 3.0 design.
Shade Headwear Expands Golf Veteran Sales Team with Three Adds
On a combined basis, Chris Alcocer, Matt Seare and Mike Meka bring nearly 90 years of sales experience to the Shade Headwear brand.
Unrivaled Sports Acquires Rocker B Ranch for Baseball and Multi-Sport Division
The venue includes four baseball fields and resort-style amenities, including lodging, food and beverage, two swimming pools, a fishing pond, and a music venue. The property also includes volleyball, basketball and tennis courts.
PickleRage to Open in Glen Burnie, MD
PickleRage Glen Burnie will open on January 17 with a ribbon-cutting ceremony hosted by the Northern Anne Arundel County Chamber of Commerce.
SGB 2024 Year in Review: Active Lifestyle Stocks Under Pressure Again in 2024
For the third consecutive year, stocks in the active lifestyle market were impacted by inflation woes, tepid consumer spending and the larger public companies, including Nike, Lululemon, Columbia Sportswear and Topgolf Callaway Brands, all lost sales momentum.
