SGB Update

Beau Lake Welcomes World-Champion SUP Racer as CXO

The Canadian maker of performance pedal boats, paddleboards, apparel, and accessories, announced that Bruno Hasulyo has joined the company as chief experience officer, overseeing all product innovation and design, marketing and customer engagement.

American Athletic Conference Launches American RISE Ventures

Before joining the American, Calka previously served as Chief Commercial Officer at the Professional Fighters League, Senior Vice President of Partnerships for the New York Islanders, and Senior Vice President of Global Partnerships at BSE Global. He also spent a decade with the New York Yankees as VP of Partnerships.

Life Time Life Opens Phase One of Indiana Athletic Club

The member facility offers nine indoor pickleball courts, six indoor tennis courts, a viewing area with lounge seating, and a pro shop. The second and final phase of the 135,000-square-foot space is on target to open in summer 2026.

Walmart Restructures; Cuts Roughly 1,500 Corporate Jobs

The retailer is streamlining its global tech and Walmart U.S. operations, affecting approximately 1,500 employees. The U.S. retail cuts are mainly in the end-to-end operations teams and the Walmart Connect marketing organization.

On Elects Helena Helmersson to Board of Directors

Helmersson brings a wealth of experience from her long-standing career in the fashion industry. She served as the CEO of H&M Group from 2020 to 2024. She began her career at H&M in 1997 as a business controller in the company’s buying office and advanced through key leadership roles.

Ross Stores Sees Flat Q1 Comps, Withdraws FY Guidance On Tarrif Impact

Ross Stores Inc. reported flat same-store sales in the first quarter ended May 4 due to a slow start to spring selling. The off-pricer predicted a slight decline in second-quarter earnings and also withdrew its guidance for the full year due to margin pressures tied to tariffs on Chinese imports.

Cole Haan to Launch Performance Golf Apparel Line Spring 2026

The global American lifestyle, footwear and accessories brand, reported signing an exclusive agreement with Catapult Group to introduce a new performance apparel division. Cole Haan Golf Apparel will launch globally in Spring 2026, with racket sports and performance lifestyle collections to follow. 

Zepp Health Corp. Sees DD Boost from Amazfit Brand in First Quarter  

Consolidated sales declined 3.6 percent for the quarter, due primarily to the $5.0 million decrease in the sales of Xiaomi wearable products. Sales of Amazfit products grew 10.2 percent year-over-year, reportedly marking a return to growth since the first quarter of 2022.