Buying Group Pioneer Don Pfau Passes Away
Throughout a long and storied life, Prau remained committed to Sports, Inc.’s success and prominence in the sporting goods industry. The group has grown to over 600 from the original seven members, selling billions of dollars in sporting goods from coast to coast.
Recall: The North Face Women’s Shellista V Mid Waterproof Boots
The North Face has received 28 reports of the top hook catching on the lace of the other boot, including 15 reports of minor injuries in the United States.
Castle Peak Holdings Acquires Snow King Resort in Jackson Hole, WY
The acquisition marks Castle Peak’s eighth property and the company’s largest, following the recent opening of Trailborn Grand Canyon, Trailborn Surf & Sound, and Trailborn Highlands.
Sports Endeavors Extends Reach to the Midwest with Soccer Master Acquisition
Sports Endeavors, a portfolio company of Seawall Capital, LLC, acquired Soccer Master, a six store specialty chain based out of St. Louis, MO, serving four Midwest states.
Crunch Franchise to Open Crunch Norfolk this Fall
Crunch Norfolk will be Fitness Ventures LLC’s 68th gym and fourth location in Virginia, with plans to open at least 10 more gyms in 2025.
Shred. Accelerates Distribution in Switzerland with Catrade SA
The company’s will work closely to bring the Shred. products to specialty retailers in Switzerland and to strengthen the brand’s presence in the region’s discerning ski and snowboard markets.
Strava to Acquire Runna Running Training App
The “acquisition unites the world’s largest fitness community with a leading app in the fiercely competitive running training space, creating compelling value for users and shareholders of both companies.” The transaction is subject to customary closing conditions.
PickleRage Expands Midwest Footprint with Ohio Franchise
PickleRage at Centerville is part of a larger, nationwide expansion strategy as the brand continues to grow its presence in markets nationwide.
SGB Updates Will Not Publish on Good Friday, April 18
SGB Media will not publish its regular SGB Morning Update or SGB Evening Update newsletters on Friday, April 18 in observance of Good Friday. SGB will resume normal distribution on Monday, April 21.
Revelyst Transitions President Role at Precision Sports Technology Platform
Jeff Foster is assuming the role as president of the company’s Precision Sports Technology segment as Jon Watters and Scott Werbelow, co-presidents and Foresight Sports co-founders, move into special adviser roles with the company.
Stretch Zone Franchise Opens in Bakersfield, CA
This marks Stretch Zone’s 389th nationwide and is operated by first-time studio franchisees Nehal Samtani and Mina Rama.
Play it Again Sports Parent Gets Q1 Bottom-Line Bump from Settlement
The run-off of the franchisor’s leasing portfolio for the Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round retail brands that was first announced in May of 2021 is “substantially complete.”
PGA Tour Superstore CEO Dick Sullivan to Retire
Sullivan will retire from his day-to-day CEO role with the company later this summer. He will remain CEO until a new leader is in place and then continue as executive chairman of the company into the future.
OIA Reports Outdoor Retail Sales Trends Returned to Growth in 2024
Outdoor market retail sales totaled $28 billion in 2024, up 1 percent year-over-year. OIA noted that overall Apparel sales remained stagnant, Equipment sales declined slightly, and Accessories and Footwear saw positive growth in 2024.
Lids Begins Nationwide Roll Out of New In-Store Format
This rollout represents a customer-centric experience where every visit feels personal, engaging and tailored to the individual. Lids will use key learnings from the initial store openings to continue evolving and expanding the in-store concept.
