SGB Sports & Fitness

Eastside Golf Opens First Retail Store

Located at the Detroit Metropolitan Airport (DTW), the store opening comes as the golf lifestyle brand recently launched at Nordstrom, Golf Galaxy, Dick’s Sporting Goods, and House of Sport earlier this year and PGA Tour in 2024.

Lacoste Appoints New CEO

Éric Vallat, a former LVMH executive, was appointed as the company’s new CEO, starting September 1. He succeeds Thierry Guibert, who has held the position since 2015.

Health & Fitness Association Sets New Board

Luke Carlson, founder and CEO of Discover Strength, becomes The Health & Fitness Association (HFA’s) new chairman. Al Noshirvani, managing partner of ALTA Technology Group and owner of Method Gym, acts as vice chair; Ahmar Azam, CEO and founder of TriFit, as finance chair; and Jeff Sanders, chief growth officer and partner of Energy Fitness, as secretary.

Uvex Group Sold to PE Firm

The German maker of helmets and goggles for ski, cycling and equestrian purposes announced that Warburg Pincus will acquire a majority interest in the company. The owner families Winter and Grau will retain a significant minority stake and be actively involved in the future growth of the business.

EXEC: Trump Announces New Trade Deal with Vietnam

The revised deal includes the elimination of Vietnam tariffs on U.S. goods and a higher tariff on Vietnam shipments to the U.S, although it amounts to less than half of the 46 percent tariff imposed by the Trump Administration in early April.