Puma To Open Distribution Center In Phoenix
Puma signed a 15-year lease for one million square feet of warehouse space in Glendale, AZ, outside of Phoenix,
PHIT America Adds Board Member
PHIT America added Rita Mort, founding partner at Core Sports & Entertainment and Game Changers Worldwide, to its board.
Strive Closes $6M In Funding To Accelerate Growth
Strive is the online fitness platform that optimizes muscle performance for elite athletes and teams through proprietary algorithms and sensors, announced it closed $6 million in Series A funding.
Fitmint Secures First Seed Funding Round
Move-to-earn startup Fitmint raised seed funding of $1.6 million led by venture capital firm General Catalyst, with participation from iSeed, Kearny Jackson, Dweb3, and 1947 Rise, among others.
Arccos Golf Reaches Australia And New Zealand Partnership
Arccos Golf has entered into an exclusive partnership with Performance Brands Australia (PBA) to distribute its golf tech products throughout Australia and New Zealand.
Inov-8 Appoints New CEO
Inov-8 announced that Mike Snell would join the company as its new CEO in October 2022. Snell will leave his current role as commercial director for supermarket chain Asda in September 2022 before joining the UK-founded and headquartered brand.
Blast To Launch Esports Apparel In Partnership With Nike
Blast, the Esports entertainment company, has launched an esports-inspired Nike branded apparel collection.
Tivity Health Sold To Stone Point Capital
Tivity Health, which includes SilverSneakers, Prime Fitness and WholeHealth Living, has completed the acquisition by funds managed by Stone Point Capital for $32.50 per share in cash.
Everlast Launches Mobile Platform, Everlast Fitness
Everlast launched its online platform, Everlast Fitness, dedicated to boxing taught by Everlast fighters and certified professional trainers.
Pou Sheng Names New CEO, Chairman
Pou Sheng, Yue Yuen’s Chinese retail subsidiary, appointed Wang Jun as CEO, effective July 1, succeeding Shao-Wu Lee who is stepping down to become chairman.
Eleiko USA Appoints President
Eleiko, the supplier of strength equipment, appointed Magnus Nyberg as president of Eleiko USA.
Nike’s Q4 Tops Wall Street Targets
Nike, Inc. reported earnings in its fiscal fourth quarter ended May 31, down 5 percent year-over-year but topped Wall Street estimates. Sales were down one percent as a 7 percent decline in its wholesale segment was offset by a 7 percent gain in direct sales.
Wilson Opens Third New York City Store
Wilson Sporting Goods Co. opened its third store in New York City at Columbus Circle.
Compass Diversified Joins Russell 2000 And 3000 Indexes
Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.
BSN Sports To Acquire Eastbay Team Sales Business
BSN Sports announced that it has entered into an agreement to acquire substantially all of the assets of the Eastbay Team Sales business from Foot Locker Retail, Inc., a subsidiary of Foot Locker.
