SGB Update

Icon Promotes Chris McGill To FreeMotion VP Of Sales

Dan Toigo, who was recently promoted to senior vice president of Icon health and fitness and managing director of FreeMotion Fitness, selected McGill because of his 26 years of experience in the industry.

Sports Direct CFO Resigns

Chief Financial Officer Matt Pearson plans to exit at the end of the year to accept another job.

Play It Again Parent Sees Q3 Profit Gains

Earnings for the franchisor rose 14.9 percent due to an increase in customer activity within the company’s lease portfolio and reduced expenses.

Newell Brands To Sell Tools Business

The sale comes a week after announcing plans to sell about 10 percent of its portfolio, including the K2, Völkl, Marker and Zoot brands.

RECALL: 1,000 Specialized S-Works Road Bikes

The company recalled the 2016 Venge Vias and Venge Pro Vias road bicycles after learning the rear wheel can slip from the drop out and damage the rear triangle.