SGB Update

Peloton Delays 10-K Filing

Peloton Interactive, Inc. will delay the publication of its annual report. The company said it needs more time to sort out accounting tied to the connected fitness company’s restructuring effort.

Life Time’s CFO To Retire

Life Time Group Holdings, Inc. announced that President and Chief Financial Officer Thomas Bergmann would retire from the company on December 31, 2022. The company also announced that Robert Houghton had been named executive vice president and chief financial officer, effective August 28, 2022.

Boating Season Expected To Extend Into Fall 2022

According to an online survey of Boat Owners Association of The United States (BoatUS) members across the U.S., 65 percent said they plan to go boating this Labor Day weekend. Almost 80 percent of respondents said they welcome lower gas prices and plan to extend their boating season into the fall.

Baltimore Orioles Partner With Fanatics

The Baltimore Orioles and Fanatics announced a new ten-year partnership that will see Fanatics become the team’s official “end-to-end omnichannel retail partner” starting next year.

W.C. Russell Moccasin Company Sold

The W.C. Russell Moccasin Company, the maker of boots for hiking, hunting, and outdoor sports based in Berlin, WI, was purchased by Luke Kolbie, founder of Kingfisher Leatherworks, and Joe Julian, president and owner of Julian & Sons. Terms were not disclosed.

3STEP Sports Acquires Hoop Group

3STEP Sports, the youth sports club and event operator, has acquired Hoop Group, the grassroots youth basketball brand.

D3O Hires SVP, Marketing

D3O, the impact protection brand based in Huntington Beach, CA, hired Kevin Franks as SVP, marketing, North America.