Argonne Capital Group Acquires 12 Planet Fitness Clubs
The acquisition more than doubles the footprint of the company, which will now operate 23 clubs in Pennsylvania, Delaware, North Carolina and South Carolina.
Schutt Sports Files Patent Lawsuit Against Riddell
The Schutt complaint identifies Riddell’s SpeedFlex, Revolution Speed, Revolution Speed Classic, 360, Revolution IQ, Foundation, Revolution Edge, Revolution Attack, Revolution Attack-I, Attack, Victor-I and Victor helmet models as infringing Schutt’s patents.
Spin Launches Bike Safety And Infrastructure Project In Seattle
The first beneficiary of the Spin Cities Project is Bike Works Seattle, a local organization dedicated to promoting the bicycle as a vehicle for change among Seattle youth.
Young Brit Summits Everest Guided By Montane Mountaineer
Mollie Hughes, a 26-year‐old British climber, on Tuesday, May 16 reached the summit of Mount Everest (8,848m) from the north side guided by Montane mountaineer Jon Gupta.
Under Armour Featured As A LinkedIn Top Company
Under Armour ranked 16 on LinkedIn’s list of the 50 top companies to work for. Fitbit landed at 32 and Amazon was second.
Foot Locker’s Q1 Misses Street Targets
Said Lauren Peters, EVP and CFO, “Even with first quarter sales that ran below expectations, we believe our inventory is still well positioned to drive improved top line results over the balance of the year. At the same time, we are aggressively reviewing and implementing opportunities to lower expenses as we work to achieve a mid-single digit EPS increase for the full year.”
SIA Agrees To Sell Snow Show To Emerald Expositions
Emerald Expositions, the parent of Outdoor Retailer, Surf Expo and Interbike, has reached an agreement to acquire the Snow Show from SIA. The merger is positioned to lead to a combined winter trade show.
Rocky Brands Names Jason Brooks As CEO And President
Jason Brooks had served as president, Core Brands, of Rocky Brands US, LLC since February 2016. He joined Rocky Brands in 2001.
Sportsman’s Warehouse Posts Q1 Loss
John Schaefer, CEO, stated, “As expected, we saw continued softness in firearm demand during the first quarter as we anniversaried difficult compares post the San Bernardino shooting and executive orders that were issued at the beginning of 2016.”
Hibbett Sports Re-Elects Two Board Members
Hibbett Sports Inc. re-elected two directors to three-year terms that expire with the 2020 annual meeting. They include Anthony F. Crudele and Ralph T. Parks.
Under Armour To Start MLB Deal In 2019, Not 2020
The full switch to Under Armour for on-field apparel is now set for the 2019 season.
PHIT Support From Congress Growing
In less than three months, the Personal Health Investment Today (PHIT) Act has gained support from 50 Members of Congress with the addition of Congressman Joe Barton (R-Tex.) on Thursday.
Original Penguin Pop-up Opens In Aspen
The pop-up store will serve as a sneak peek into the brand’s upcoming new store concept.
Dick’s To Open Three Additional Stores In May
With the grand opening of new stores in Georgia and California, Dick’s will have 697 locations in the country.
OrthoLite Renews Run Partnerships
OrthoLite renewed its partnerships with Girls on the Run and the American Trail Running Association.
