SGB Update

NSGA Appoints Brad House to At-Large Three-Year Board Post

Hause is the President of SDC, one of North America’s leading sporting goods buying groups, which operates under the Source for Sports banner. SDC represents over 250 independently owned full-line and ice hockey retailers in Canada and the United States. 

EXEC: Asics Ventures Formalizes Annual Pitch Program

Asics Corporation’s corporate venture capital arm is launching Kenzen, an annual business pitch competition. The 2026 theme is New Experiences: the services, products, and communities bringing more people into Asics.

Katadyn Makes Multiple Moves with North America Sales Team

The Swiss water treatment, nutrition and outdoor cooking brand promoted Jeff Pratt to VP of sales and appointed Steve Drew as sales director for North America. The company has also partnered with Sokol & Associates as reps for the Midwest and Central U.S. territories.

SanMar to Acquire Bella+Canvas

SanMar Corp. reached an agreement to acquire Bella+Canvas, a supplier of fashion-forward blank t-shirts and other apparel based in Los Angeles.

Callaway Golf Company Repays Term B Loan in Full

The company repaid in full the remaining approximately $163 million outstanding under its Term Loan B facility, following its voluntary prepayment of $1 billion of Term Loan B debt in January 2026.

Citi Trends Sees Q1 Comps Surge 14 Percent

Citi Trends, Inc. reported a strong uptick in earnings in the first quarter ended May 3 as same-store sales climbed 13.9 percent. The off-pricer slightly raised its guidance for the year. 

Flag Football Moves Toward NCAA Title Status

The NCAA Committee on Access, Opportunity and Impact voted at its spring meeting to recommend that Divisions I, II and III sponsor legislation to add a National Collegiate Flag Football Championship. The committee oversees the Emerging Sports for Women program, which aims to grow participation and competitive opportunities for women’s sports across the NCAA.

Fleet Feet Franchisee Opens Second Florida Store

Fleet Feet reports that the company is the nation’s largest franchisor of running specialty stores, with over 285 locally owned and operated running stores. Fleet Feet Naples is the second Fleet Feet franchise store for the Urichko family. 

Oboz Footwear Adds Rock Fight Founders to Leadership Team

Oboz Footwear, owned by KMD Brands, appointed Colin True as senior director of wholesale and David Karstad as senior director of brand and marketing. The two industry execs were the founders of The Rock Fight, the outdoor industry podcast that ran from 2022 to early 2026.

Women’s Footwear Upstart Hilma Shuts Down

The Boston-based direct-to-consumer brand, founded in 2019 by ultra-marathon runner Brooke Torres, was known for using mass personalization and patent-pending fit technology to develop footwear for the unique shape of women’s feet. 

VJ Shoes Shutters U.S. Operations

The Finnish-based maker of trail running, orienteering and obstacle course racing shoes, has closed its U.S. operations.

NGF Study Highlights Surge in Female Golfers

Over the past six years (from 2020 to 2025), the U.S. golf industry has seen a 45 percent rise in the number of on-course, female golfers, according to new analysis by the National Golf Foundation (NGF). On-course, female golf participation has experienced a net gain of 2.5 million from 2020 to 2025, climbing to more than 8.1 million, the highest count on record.

Target Appoints Legal, Compliance Chief

Target Corp. appointed Grant McGee as EVP and chief legal and compliance officer, effective May 31. In the role, he will lead Target’s legal, compliance, and risk teams, as well as its government affairs function.