SGB Update

HitTrax And ProPlayAI Announce Partnership

InMotion Systems, the creator of the HitTrax Data Capture and Simulation System, has teamed up with 3MotionAI, creator of ProPlayAI to bring advanced biomechanics to its platform.

Compass Diversified Prices Proposed Private Offering

Compass Diversified (CODI) announced that the company has priced $300 million in aggregate principal amount of 5.000 percent senior unsecured notes due 2032 at an issue price of 100 percent in a previously announced private offering.

Running USA Releases Results Of 2021 Event Management Study

Running USA released the results of its 2021 Event Management Study that documents the challenging environment for event operators who are working to bring races and running festivals back to pre-pandemic participation levels.

Puma Golf Expands Partnership With Golf Canada

Puma Golf and Golf Canada announced an expansion of its current partnership, naming Puma as the Official Apparel and Headwear Partner of Golf Canada’s National Team Program.

Gregory And High Sierra Show Gains For Samsonite

Samsonite International S.A.reported sales on a currency-neutral basis for the Gregory brand increased 5.2 percent in the third quarter while sales of the High Sierra brand jumped 87.1 percent.

Canada’s Kanuk To Open Its First U.S. Store

Kanuk will open its first U.S. store in New York City’s SoHo neighborhood. The store will be the Montréal-based, outerwear brand’s first retail store outside of its Quebec hometown.

Western Mountain Destinations Finish Record-Breaking Summer

As predicted for the past few months, Western mountain destinations across eight Western states, combined, had their best aggregated summer business on record for occupancy, daily rates and revenue, according to DestiMetrics, the business intelligence division of Inntopia.

Davidson’s Promotes Tumlin To President

Davidson’s announced that Wayne Tumlin has been promoted to president. Tumlin succeeds Bryan Tucker who will remain actively involved as chairman and CEO.

F45 Training’s Q3 Sales Expand 24 Percent

F45 Training Holdings Inc., in its first report since going public, reported same-store sales increased 6 percent globally and 67 percent in the U.S. in the third quarter ended September 30. The fitness franchisor posted a loss in the period,  but adjusted EBITDA increased 37 percent.

Amundsen Sports Opens Store In Boulder

Amundsen Sports has opened a “Clubhouse” on Pearl Street in Boulder, CO. The location serves as office space for its North American business operations, a showroom for retailers and an event space to showcase product.

Alibaba’s Singles Day Posts Record Sales

Alibaba Group Holding Ltd.’s Singles’ Day shopping festival posted record sales of 540.3 billion yuan ($84.5 billion), an 8.5 percent increase over last year 

Yue Yuen’s Q3 Sales Impacted By Vietnam Factory Shutdowns

Yue Yuen reported a profit against a loss in the nine months ended September 30, 2021. Sales jumped 5.8 percent as a first-half recovery largely offset by the disruption to its manufacturing operations in Vietnam and weak retail sales in the third quarter.