Brookfield-Backed Trimco Group Acquires Nexgen Packaging
Nexgen Packaging’s management team will continue to manage the business under its current CEO, Jim Welch. The acquisition will allow both companies to integrate their global sales and manufacturing networks.
BJ’s Wholesale Club Adding Ohio Ambient Distribution Center
The new 500,000-square-foot facility, expected to open in early 2027, will join eight BJ’s clubs in the state.
Circana Sees Consumers Shift Back to Value and Need in January
During the combined weeks ending January 11 and January 18, discretionary spending was down flat compared to the prior year, the company reported, with major environmental events impacting the country.
Canada Goose Obtains Regulatory Relief for Share Repurchase Program
Absent the exemptive relief, the company said purchases under the Current Bid on the U.S. Markets would be limited to a maximum of 5 percent of its outstanding shares at the beginning of any 12-month period.
Canada Goose Appoints Luxury Fashion Vet as SVP Merchandising
Judit Bankus, most recently chief merchandising officer at Stella McCartney, is expected to play a key role in shaping Canada Goose’s product roadmap through a lens of sustainability and innovation.
Crunch Franchisee to Break Ground on New Location in Grand Prairie, Texas
CR Fitness Holdings, LLC announced plans to break ground on a new 34,254-square-foot fitness facility, projected to open in late Fall 2025, in Grand Prairie, TX.
Equip Outdoor Moves Group Marketing Director to Senior Role in U.S. Office
Jon Frederick will move to Colorado and now reportedly function as a senior figure in the U.S. office. Ross Herr will remain as Equip’s VP of U.S. sales. Adam Chamberlain has reportedly left the business.
Pickleball Kingdom Coming to Lexington, KY in Summer 2025
The 42,300-square-foot facility in central Kentucky will have 17 professional-grade indoor courts led by the experienced franchise group Pickleball X Equity, which is led by Dhaval and Sanjay Patel.
ColdVentures Taps Medco for ColdVest Distribution in U.S. Sports Med Market
ColdVentures, a medical device company focused on manufacturing portable emergency cooling devices to help people during heat-related emergencies, has inked a distribution agreement with Medco Sports Medicine, to bring its ColdVest to the U.S. sports medicine market.
Newton Golf Company Sees Steep Growth Trend in 2024
The golf equipment company expects to see 2024 sales post almost ten-fold growth for year-over-year with gross margins of at least 65 percent.
APGA Tour Names Chief Operating Officer
Solomon Hughes joins the APGA from Intersport where he served as director of Marketing and Development. Previously, Hughes held various positions within the golf industry, including as a regional director for the American Junior Golf Association.
Women’s Sports Foundation Welcomes New Board Members
The WSF welcomed seven new members to its Board of Trustees on January 1. This group of cross-sector professionals joins the Foundation following its 50th-anniversary celebration in 2024, helping to propel its mission further..
Fitbit to Pay $12.5M Fine for Failing to Report Ionic Smartwatch Defect
Despite possessing information that reasonably supported the conclusion that the Ionic Smartwatch contained a defect that could create a substantial product hazard or create an unreasonable risk of serious injury, Fitbit did not immediately report to the CPSC as required.
Norco Bicycles Appoints Alan Lewis as General Manager; CEO Sean Sullivan Exits
Live to Play Sports Group (LTP) and Norco Bicycles have appointed Alan Lewis, son of Founder Bert Lewis, as general manager. Company CEO Sean Sullivan is leaving after two years of leadership at LTP/Norco.
Firearm Industry Inducts Three Industry Leaders into 2025 Hall of Fame
The NSSF, the Firearm Industry Trade Association, has inducted Robert Delfay, Richard Hammett and Arthur Wheaton into the Hall of Fame at the 2025 SHOT Show.
