SGB Update

Flywheel To Close 11 Studios

Flywheel Sports, the spin chain, is closing 11 of its 42 locations. The closings were reported in an e-mail to membership holders.

Hestra Doubles Its U.S. Footprint, Adds Key Hires

Hestra, the 83-year-old Swedish glove maker, has relocated its USA headquarters to a newly constructed 32,000 square foot space in Arvada, CO, and added three key hires as it continues to scale its U.S. business.

Brooks To Offer Same-Day Delivery To Runners

Brooks Running Co. and Locally on Monday announced they will partner to launch same-day delivery to runners in 10 markets across the U.S. beginning August 22, helping get performance running product onto feet and into hands fast.

Freemotion Promotes Two Key Members

Freemotion, the  commercial division of Icon Health & Fitness, promoted former vice president of sales, Americas, Chris McGill, to vice president of global sales and previous national account manager, Marcy Spaulding, to director of sales for North America.

Thule’s CFO Announces Resignation

Thule Group AB on Monday announced that Lennart Mauritzson has informed that he will leave his position as CFO of Thule Group to take on the role as CEO of the privately owned family company Backahill AB in Ängelholm, Sweden.

Canada Goose Announces Election Of Directors, Reappointment Of Auditor

Canada Goose Holdings Inc. held its annual meeting of shareholders on August 15, 2019. All the nominees for election as directors listed in the Company’s management information circular dated July 2 were elected by a majority of the votes cast by shareholders virtually present or represented by proxy at the meeting.

Arthur Ashe Leads Tennis Industry Hall of Fame Inductees

On August 26, the tennis industry will honor three people—including the late Arthur Ashe—who helped to shape the state of the sport in the U.S. and around the world by inducting them into the Tennis Industry Hall of Fame.

Report: Dick’s Sporting Goods Opens Three Clearance Outlets

Dick’s Sporting Goods has reportedly transformed three of its stores into Dick’s Sporting Goods Clearance Outlets since May. The stores sell only clearance footwear and apparel from a variety of brands, and do not stock sports equipment or other products.

Big Rock Sports Team Receives Pelican Award From North Carolina Coastal Federation

On August 3, the 2019 Pelican Award recipients were honored by the North Carolina Coastal Federation at the Crystal Coast Civic Center in Morehead City for their outstanding contributions to protecting the North Carolina coast. Recipients included Big Rock Sports, who won For Outstanding Community Leadership and Collaboration.