SGB Update

SkyTrak Names Marketing Chief

SkyTrak, the maker of golf launch monitors, hired Chris Koske as senior vice president of marketing. Koske is a longtime golf industry veteran, having worked in the space for over 15 years.

Sakar International Recalls Helmets

About 33,100 helmets manufactured by Sakar International and sold under the Credhedz Lizard Helmets, Crayola Dry Erase Helmets and Tony Hawk labels are being recalled. 

Asics Study Shows Exercise Sharpens Mind, Improves Mental Performance

A study commissioned by Asics showed that exercise could significantly improve cognitive function and mental performance. After four months of regular exercise, Asics found that their minds had significantly sharpened, and they performed at a higher competitive level.

Courtside Ventures Launches $100 Million Fund

Courtside Ventures, a New York-based early-stage VC firm,  raised $100 million for a fund focused on sports, gaming and lifestyle companies. Fund III investors include a globally diverse group of the industry across professional sports team owners, athletes and industry executives, including Dick’s Sporting Goods.

Life Time’s Debt Ratings Upgraded

S&P Global Ratings lifted its debt ratings on Life Time Inc., the operator of upscale fitness clubs, due to improving results.

NGF Releases List Of Top 100 Golf Businesses

The National Golf Foundation released its latest list of the Top 100 Golf Businesses it recognizes to be the “most influential, successful, prominent and innovative companies on the commercial side of the U.S. golf industry.”

Meyer’s RV Acquires Rochester RV Dealership

Meyer’s RV, with 13 RV dealerships on the east coast, has purchased Johnston RV, located in Webster, NY. Johnston RV is full service RV dealership located at 784 Ridge Road just east of Rochester, NY.

Levi Strauss Names Chief Digital Officer

Levi Strauss & Co. hired Jason Gowans as senior vice president and chief digital officer for LS&Co., effective February 6. Gowans joins the company from Nordstrom, where he spent the past ten years in various marketing, data science and digital roles, and, most recently, as senior vice president of digital commerce.

Gymshark Hires Chief Supply Chain Officer

Gymshark named Laurent Madelaine as its first chief supply chain officer, overseeing sourcing, supply chain and logistics. He will also be responsible for quality control and the brand’s sustainability strategy, reporting to Gymshark’s CEO and founder Ben Francis.

Nordstrom Cuts Outlook After Holiday Sales Slump

Nordstrom, Inc. posted declines in both comparable store sales and net sales for the nine-week Holiday period ended January 1 as promotional environment and tight margins prompt the retailer to lower fiscal year guidance.