SGB Sports & Fitness

Topgolf Adding Second Arkansas Location in State Capital

Topgolf is wrapping up the year with a second Arkansas venue. Topgolf Little Rock will open on December 22 in the state’s capital. The location will be Topgolf’s 98th outdoor venue and 88th in the U.S.

Flywheel Sports Co-Founder Named CEO of Body20

Body20, the fitness boutique focused on electro-muscle stimulation, hired Jay Galluzzo, former CEO and co-founder of Flywheel Sports, as CEO, succeeding Greg Breitbart, who will transition to a member of the Board of Directors.

ICSC Board of Trustees Elects New 2024 Chair and Vice Chair

The ICSC Board of Trustees elected Jim Taylor, president & CEO, Brixmor Property Group, to serve as ICSC’s chairman and Angele Robinson-Gaylord, SVP, store development americas, Starbucks, to serve as vice chairman for the 2024 term.

EXEC: Stifel Survey Finds Consumers Prioritize Price/Value Over Sustainability

The survey, which was conducted in partnership with Morning Consult, surveyed active/causal lifestyle brand consumers ages 18 to 55 based in the U.S., UK, Germany, France, and Italy. It found that only one-third of respondents “Highly Prioritize” sustainability when making purchasing decisions, compared to other factors like “Good Value” (68 percent) and “Low Price” (57 percent).

Kizik Amends Credit Facility to Support Growth

Kizik secured an amendment of its credit facility with JPMorgan Chase that provides enhanced financial flexibility to support expansion into new distribution channels, including company-owned retail stores, U.S. wholesale and international markets.

Sporting Goods Industry Mourns the Passing of Jim Easton

Jim Easton, the second-generation owner of the Easton sports equipment companies and a pioneer in aluminum-based manufacturing processes used in sports equipment, died at his home in Los Angeles on December 4 at the age of 88.

Topgolf Callaway Brands’ Debt Rating Revised to Negative

S&P Global Ratings revised its debt rating outlook on Topgolf Callaway Brands Corp. to negative from stable due to its recent report of weaker-than-expected performance for the third quarter despite maintaining relatively consistent S&P Global Ratings-adjusted EBITDA margins.