SGB Update

NRF: Consumers Face ‘Critical Moment’ Waiting on Fed

National Retail Federation Chief Economist Jack Kleinhenz said the Fed must balance using high interest rates to reduce inflation with the risk that keeping rates too high for too long could slow the economy to the point of recession.

GameAbove Sports Acquires Fourth Founding Big3 Expansion Team

GameAbove Sports announcement follows the purchase of rights to the LA, Miami and Houston Big3 franchises earlier this year. The league is in the fifth week of Big3’s seventh season, which continues to tour nationwide via linear, streaming and digital platforms.

Protect Our Winters Appoints COO

Ryan Laemel is the first chief operating officer operations, overseeing financial planning, training, events, Athlete and Science Alliances, and Team POW, POW’s member program.

Yanre Fitness is Rebranding to YR Fitness

This change by the Chinese strength equipment manufacturer is said to be part of the company’s plan to expand internationally and make its name easier to remember and pronounce.

Paul Fredrick Names New CEO

Erica Lee is the company’s new chief executive officer. Neal Black, former CEO of Paul Fredrick and Jos. A Bank will continue to serve on Paul Fredrick’s Board of directors.