Peloton To Offer Refurbished Bikes
Peloton Interactive, Inc. has launched a new program, Peloton Certified Refurbished, selling refurbished bikes in the U.S. and Canada at a discount of up to $500 over a new bike.
Pacific Cycle Recalls Two Bike Models
Pacific Cycle is recalling its Igniter and Bubble Pop 20-inch kids’ bikes because of a fall hazard involving the handlebar.
Rally House Sets Store Openings For Oklahoma And St. Louis
Rally House announced plans to open two more stores in Oklahoma in early 2023 in Broken Arrow and Edmond. The fan shop also plans to open another location in the St. Louis area in Ballwin, MO, in early 2023.
Beachbody Expands Board Of Directors
The Beachbody Company, Inc. appointed Ann Lundy, senior vice president corporate finance and internal audit at Activision Blizzard, to its Board of Directors and Chair of its Audit Committee effective January 3, 2023.
Li Ning Company Adds Independent Non-Executive Director To Board
The board of directors of Li Ning Company, Ltd. appointed Wang Yajuan as an independent non-executive director, effective December 21.
Connexa Sports Technologies Receives Delisting Warning
Connexa Sports Technologies, the parent of Slinger Bag, has received a non-compliance letter from the Nasdaq exchange after failing to file its form 10-Q for the fiscal second quarter ended October 31.
Report: U.S. Holiday Season Retail Sales See Strong Results Aided By Inflation
U.S. retail sales, excluding automotive, increased 7.6 percent year-over-year this holiday season, according to a report from Mastercard SpendingPulse.
Arc’teryx Opens Store In New York’s Flatiron District
Arc’teryx reported it opened a Pinnacle Store occupying 6,600 square feet at 149 5th Avenue in New York City’s Flatiron district—the company’s 26th retail store location and the largest in North America.
1847 Holdings Acquires ICU Eyewear
A wholly-owned subsidiary of 1847 Holdings, LLC signed an agreement to acquire ICU Eyewear Holdings, Inc., a designer of over-the-counter, non-prescription reading glasses, sunglasses, blue light-blocking eyewear, sun readers, and outdoor specialty sunglasses.
Genesis Products Acquires BHK Of America
Genesis Products reported it acquired Virginia-based drawer-making specialist BHK of America for an undisclosed sum.
IHRSA Appoints Two New Board Members
The IHRSA health and fitness trade association elected Bill Davis, CEO, ABC Fitness Solutions, and Erik Lindseth, VP & general counsel, Life Time, Inc., to its Board of Directors at its November meeting.
Equinox’s Chief Legal Officer Jumps To Tailored Brands
Tailored Brands, Inc. hired Yen D. Chu as EVP, chief legal officer and corporate secretary, effective December 26. Chu joins Tailored Brands with more than 25 years of brand and consumer-facing experience for both private and publicly-traded companies.
Netflix To Stream Nike Training Club Content For Members
Netflix reported it will begin streaming Nike Training Club workouts as part of its content, effective December 30.
Pentland Brands Promotes Rock As President, Americas
Pentland Brands, Ltd. announced that Matt Rock was promoted to president, Americas, Pentland Brands, overseeing Speedo and the company’s portfolio, including Endura and Mitre for the Americas region.
Under Armour Appoints New Corporate President & CEO
Under Armour, Inc. hired current Marriott International President Stephanie Linnartz as president & CEO and as a member of UA’s Board of Directors, effective February 27, 2023.
