SGB Update

Study: U.S. Fan Interest In Soccer Growing

A new data report on the state of U.S. soccer fandom from Sports Innovation Lab found that American interest in soccer has reached the average global interest level.

Puma Appoints New Managing Director For Puma India

Puma has appointed Karthik Balagopalan as the new managing director of Puma India, one of the company’s fastest-growing markets. Balagopalan most recently was Puma’s global director of retail and e-commerce. He replaces Abhishek Ganguly.

Revo Opens Flagship In Barcelona

Revo opened its first flagship store in Barcelona, Spain, located on Baixada de la Llibreteria, in the Gothic Quarter, one of the city’s highly trafficked districts.

Hayes Names New Distribution Partner For Italian Market

Hayes Bicycle Group, the distributor of several bike brands, reported a new partnership with AMG in the Italian territory, expanding the reach of the company’s performance cycling componentry to AMG’s dealer network.

OHM Fitness To Open 70 Texas Locations

OHM Fitness reported it would open 70 EMS fitness studios in the Texas Triangle through its newest franchise partner over the next few years, including 25 in Dallas Fort Worth, 20 in Austin and San Antonio and 25 in Houston, through its newest franchise partner over the next few years.

Allbirds’s Co-Founder Tim Brown Transitions To Non-Executive Role

Allbirds said in a regulatory filing that Tim Brown had transitioned from co-chief executive officer to co-founder and chief innovation officer, a non-executive role. The change in Brown’s position was effective May 4. The eco-footwear manufacturer also announced in a separate filing that it terminated 21 corporate jobs.

Thule Group CFO Announces Departure

Thule Group announced that Jonas Lindqvist, in agreement with the company, will leave his position as chief financial officer at Thule Group. He has held the position since 2020 and will remain in the role until a successor is in place. The recruitment process is underway.