Puttshack to Open Second Location in Illinois
The 30,000-square-foot space will offer a tech-infused mini golf experience, set in a former Lord & Taylor, in Skokie, IL, as part of Westfield Old Orchard’s ongoing redevelopment.
Crunch Fitness Franchise to Open Club In Fresno
Crunch Fitness announced the planned opening of Crunch North Fresno in California. The 40,000-square-foot gym, owned and operated by franchisee Fitness Venture, LLC, is set to open this winter.
Newton Golf Company Appoints CFO
Newton Golf Company hired Jeff Clayborne as chief financial officer, effective immediately. Most recently, he served as chief financial officer of Perfect Moment, a performance apparel brand.
Pickleball Kingdom to Open Club In Austell, GA
The Austell club, spanning approximately 25,000 square feet, will feature 10 professional-grade indoor courts, with a target opening of winter 2025. Nithi and Usha Anand, franchisees of Pickleball Kingdom, will manage the club.
NFIB: Small Business Optimism Rises For First Time This Year
A gauge of sentiment among small businesses, rose to 98.8 in May from 95.8 in April, bringing the Index back above its long-term average, represented by a reading of 98. The increase ends a four-month streak of weakening sentiment.
Arcis Golf Acquires Three Atlanta Area Golf Clubs
The deal to acquire Country Club of the South, Johns Creek, GA; The Manor Golf & Country Club, Alpharetta, GA; and White Columns Country Club, Milton, GA, from the prior owner Invited closed on June 10.
Adidas Partners with Spanish Soccer Club, Sevilla
Adidas will provide playing and training kits for the men’s first team, as well as the women’s and academy teams, under an agreement running from the 2025/26 season through the 2034/35 campaign.
Game One Forms Apparel Partnership With University of Indianapolis
The University of Indianapolis announced an exclusive multi-year agreement with Game One and Nike. The deal replaces a supplier arrangement with BSN Sports and Nike.
Equinox Appoints Chief Marketing Officer & Chief Digital Officer
BinduShah is responsible for leading the development and execution of the brand’s marketing and digital strategy, with a focus on deepening brand awareness and driving member acquisition and retention through the company’s integrated experiences.
Authentic Brands Group Establishes APAC Headquarters in Shanghai
The Shanghai HQ will support Authentic’s growing brand portfolio, including Reebok, Champion, Quiksilver, Billabong, and Sperry, as well as its network of partners across the Greater China region and APAC market.
Yonex Appoints President Of North America Operations
LaNiece Douglas’ hire “will support Yonex’s stepped-up plans to expand in the U.S.” She was VP of and head of U.S. retail for Adidas since 2020.
Adidas, Shoe Palace and Skechers Stores Hit by LA Looters
An Adidas store in downtown Los Angeles on Broadway and Shoe Palace on Main Street, were hit by looters Monday night, June 9, as the civil unrest following days of anti-ICE protests continued overnight.
EXEC: Academy CEO Sees Promising Returns from Improved Nike Allocations, Jordan Launch
First-quarter results missed analyst estimates and the retailer widened its full-year guidance due to potential inflationary pressures arriving this year. Management also shared many positive developments, including a healthy response to Nike product expansion and Jordan brand launch.
Industry Nine Acquires We Are One Composites
Industry Nine, based in Asheville, NC, is known for its hub and wheel systems while We Are One, based in Kamloops, BC, is known for its hand-laid carbon rims. By bringing the companies together, they are better positioned to “engineer exceptional products and push the boundaries of what’s possible for the cycling community.”
Beachbody Secures $35 Million in Funding from Tiger Finance
The three-year loan facility enabled the El Segundo, CA-based fitness and nutrition company to retire $17.3 million of outstanding debt while increasing its capital balance by approximately $5 million.
