SGB Update

New York Sports Clubs To Rebrand

New York Sports Clubs (NYSC) plans to rebrand its Boston Sports Clubs, Philadelphia Sports Clubs, Washington Sports Clubs, and Around the Clock to New York Sports Club to reflect its New York roots.

On Launches Global Running Event Series

The Swiss sports brand On reported launching a global running event series, “On Track Nights.” Scheduled to begin in May, the series will span three continents and five cities.

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.”