SGB Update

Life Fitness Names Chris Clawson New CEO

Life Fitness announced the appointment of Chris Clawson as CEO. Clawson served as President of Life Fitness from 2010 to 2016 and most recently was Chairman of the Sports and Fitness Industry Association. He succeeds Jason Worthy, effective immediately.

VF Corp. Appoints Denny Bruce As Dickies Global Brand President

VF Corp. announced the appointment of Denny Bruce, who was most recently EVP of sales, product and marketing at Traeger Pellet Grills, to the position of global brand president, Dickies. Philip Williamson, former CEO of Williamson-Dickie Mfg. Co., will move into a non-operating brand ambassador role.

Vista Outdoor Announces Sale Of Savage Arms

Vista Outdoor Inc. announced that it has completed the sale of its Savage Arms and Stevens firearms brands to a financial buyer for $170 million. The company’s transformation includes divesting both its eyewear brands and firearms brands in order to focus on categories where the company believes it can be market leaders.

Alipay Unveils ¥1 Billion Initiative To Support Women’s Football In China

Alipay, the world’s leading payment and lifestyle platform, announced an initiative to support the long-term development of women’s football in China, committing ¥1 billion over the next decade on a wide array of areas to make the sport more sustainable and accessible to girls and women across the nation.

Maven Announces $23.1 Million Private Placement

Maven, which was recently granted the license to operate the Sports Illustrated media business, raised $23.1 million from several accredited investors in a private placement of 23,100 shares of its Series I Convertible Preferred Stock.

Brooks Signs NCAA Champs

Brooks Running Company said National Collegiate Athletic Association (NCAA) title-holders Allie Ostrander and Karisa Nelson joined the Brooks Beasts Track Club.

Asia Outdoor Completes 14th Edition

The 14th edition of Asia Outdoor in Nanjing, China, concluded on Sunday, June 30, after four successful exhibition days. A total of 312 brands presented and a total of 16,731 visitors came from all over China, as well as Turkey, Ukraine, Korea, and Hong Kong.

Mason Companies Names Jay Berlin President And CEO

Mason Companies Inc., which owns several footwear e-commerce sites including Stoneberry.com and Masseys.com, announced that Jay Berlin, a veteran who formerly led Sportsman’s Guide, has been appointed president and chief executive officer,

Arizona Rescinds Nike’s Plant Incentive After Shoe Controversy

Arizona on Tuesday rescinded a $1 million incentive for Nike Inc. to build a plant in the state after the footwear giant canceled this week’s launch of its new limited edition USA-themed Air Max 1 Quick Strike sneaker for the Fourth of July holiday.

JD Sports “Encouraged” By U.S. Progress

JD Sports, in an update on first-half results, said it opened it sixth JD Sports store in the U.S. with the conversion of the former Finish Line location at the Mall of America and also launched e-commerce in the region. Overall on the U.S., JD Sports said, “We remain encouraged by the developments in this market to date.”