Recall: Matrix Fitness Treadmills
About 19,900 Matrix T1 and T3 Series commercial treadmills from Johnson Health Tech were recalled.
Black Creek Outfitters Is Closing
Black Creek Outfitters, the specialty outdoor retail for nearly 40 years, announced it is closing its store in conjunction with the sale of its lakeside retail property.
Report: Peloton’s Apparel Growth Targets Slashed
Peloton has significantly reduced its 2022 sales projections for its apparel business, according to internal documents obtained by CNBC.
BSN Sports Acquires Nicklasson Athletic
BSN Sports, a division of Varsity Brands, announced it had acquired Nicklasson Athletic based in New Ulm, MN.
Outdoor Gear Builders Appoints New Executive Director
Outdoor Gear Builders (OGB) announced the appointment of Brad Taylor as its first full-time Executive Director.
FDRA: Shoe Sales Reach Record $100 Billion In 2021
FDRA has analyzed new sales data that shows the footwear industry has blown past previous annual records and sits above $100 billion in total consumer spending.
Foot Locker Appoints VP, Investor Relations
Foot Locker Inc. has appointed Robert Higginbotham as vice president, investor relations. He was most recently at Guidepoint Global.
Planet Fitness Prices $900 Million Securitized Financing Facility
Planet Fitness Inc. announced that it has priced $900 million of Series 2022-1 Class A-2 fixed rate senior secured notes.
Outdoor Retailer Announces Fourth Annual Innovation Awards Honorees
Eddie Bauer earned Product of the Year for the fourth annual Outdoor Retailer Innovation Awards, while Icebreaker, Kathmandu and SheFly Apparel were among the 14 product and service award honorees.
New IHRSA Data Shows High, Growing COVID-Related Closure Rates For Fitness Facilities
IThe International Health, Racquet & Sportsclub Association (IHRSA) released new industry data that showed another increase in the number of health clubs, gyms and studios that have closed since this time last year. Since the start of the Covid-19 pandemic in March 2020, 25 percent of all fitness facilities have closed across the country, and 30 percent of studios closed as of January 1, 2022, an increase of 11 percent since January 1, 2021.
Fortium Holdings Establishes Management Team For Norr Skate
Fortium Holdings Corp. has entered into advisory agreements to support its wholly-owned subsidiary, Norr LLC, which is launching the Norr skateboard brand with plans to expand into other sporting goods categories in the future. The advisory team includes Brian McKinley, Alex Souêtre, and Mike Burgess.
Under Armour Partners With Florida Southern College
Florida Southern College signed a partnership agreement with Under Armour, Inc., through BSN Sports, as the official athletic outfitter for all Moccasin programs.
Specialized To Begin Selling Direct To Consumers
Specialized Bicycle Components announced it would begin direct online sales of its bikes to U.S. consumers on February 1.
Big Lots Introduces Mario Lopez Fitness Products
Big Lots Inc. introduced a Mario Lopez line of workout gear, protein powder and recovery essentials. The brand will be exclusive to Big Lots.
StretchLab Opens 150th Studio
StretchLab, based in Irvine, CA, announced it has recently signed its 500th franchise agreement and opened its 150th studio this month.
