SGB Update

Kimber Names COO

Kimber, Mfg., Inc., the manufacturer of 1911 handguns and other firearms, hired Chris Klope as chief operating officer, succeeding outgoing COO Dennis Dougherty, who is transitioning to Kimber’s board.

Emerald Acquires Lodestone Events

Emerald Holding, Inc. reported it had acquired all of the assets of Lodestone Events, producers of the Overland Expo series of vehicle-based, adventure travel consumer shows.

Study: 36.5 Million Americans Played Pickleball In 2022

The Association of Pickleball Professionals released its 2023 APP Pickleball Participation Report that showed 14 percent of adults in the U.S. (36.5 million people) played pickleball at least once in the 12 months from August 2021 to August 2022 and 8.5 million people played pickleball eight times or more in the same period.

Life Time Sees 23 Percent Growth In 2023

Life Time Group Holdings, Inc. reported revenue in 2022 to be within the midpoint of its prior guidance and earnings to top guidance. The fitness center operator also forecasted growth of about 23 percent at the midpoint of overall guidance for 2023.

Nike Partners With Fordham

Nike reached an agreement to replace Under Armour as the official athletic footwear, apparel and accessory sponsor of Fordham Athletics, effective July 1, 2023.

Powder Valley Closes On Pro-Motion Deal

Powder Valley closed on its acquisition of Las Vegas, NV-based Pro-Motion Distributing,a distributor of consumer and commercial products for the e-commerce market.