SGB Update Sports & Fitness

Peloton Appoints Chief Marketing Officer, Creates Chief Technology Officer Role
Megan Imbres, formerly at Apple, becomes Chief Marketing Officer. The company has also created a chief technology officer role with a focus on AI, promoting Francis Shanahan, its SVP of Connected Fitness Software, to the position.

GymGuyz Franchise to Open in Atlanta
Specializing in in-home mobile personal training, the franchise is now serving the Southwest Atlanta area through local husband-and-wife team Joel and Erin Castro. The Atlanta location will host a grand opening on July 17.

Club Champion Sets Opening for Fourth Colorado Location
The roughly 2,350 square foot space in Johnstown, CO is expected to open in early July. The studio will be the custom golf club fitter’s fourth in the state.

K-Swiss Appoints Anwar Carrots as Creative Director of New Premium Line
K-Swiss appointed Anwar Carrots, the creative director and founder of the Los Angeles-based streetwear brand Carrots by Anwar Carrots, as creative director of K-Swiss Racquet Club (KSRC), its new premium line.

NABGM Board Elects New Board Director and Association President
The National Association of Black Golf Merchandisers (NABGM) Board of Directors has elected Rodney Littles, CEO, Rodney Littles and Associates, to the Board. Arnett Gill, a Board director, was elected as president of the association.
Target Increases Quarterly Dividend
Target Corp. declared a quarterly dividend of $1.14 per common share, a 1.8 percent increase from the prior quarterly dividend of $1.12.

Fanatics Partners with Inter Milan
Under the partnership, Fanatics will provide Inter Milan with exclusive collections, locally relevant designs, an expanded product range, an online and in-store experience, and improved product availability.

Nike Appoints Director, Waste & Circularity
Alice Hartley was previously director of circularity at Under Armour after spending 11 years at Gap, Inc. as director of Product Sustainability and Circularity.
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The Country Club at Mirasol Breaks Ground on Next Phase of Expansion
The Country Club at Mirasol officially broke ground on a new 41,000-square-foot multipurpose building, marking a milestone in the Club’s multi-year Master Plan transformation.

Minnesota’s Adler’s Sporting Goods & Apparel Acquired
Adler’s Sporting Goods & Apparel, a sporting goods seller and embroiderer based in Rochester, MN, has been acquired by Beckley’s Office Products, also based in Rochester.

Puttshack to Open Second Location in Illinois
The 30,000-square-foot space will offer a tech-infused mini golf experience, set in a former Lord & Taylor, in Skokie, IL, as part of Westfield Old Orchard’s ongoing redevelopment.

Crunch Fitness Franchise to Open Club In Fresno
Crunch Fitness announced the planned opening of Crunch North Fresno in California. The 40,000-square-foot gym, owned and operated by franchisee Fitness Venture, LLC, is set to open this winter.

Newton Golf Company Appoints CFO
Newton Golf Company hired Jeff Clayborne as chief financial officer, effective immediately. Most recently, he served as chief financial officer of Perfect Moment, a performance apparel brand.

Pickleball Kingdom to Open Club In Austell, GA
The Austell club, spanning approximately 25,000 square feet, will feature 10 professional-grade indoor courts, with a target opening of winter 2025. Nithi and Usha Anand, franchisees of Pickleball Kingdom, will manage the club.

NFIB: Small Business Optimism Rises For First Time This Year
A gauge of sentiment among small businesses, rose to 98.8 in May from 95.8 in April, bringing the Index back above its long-term average, represented by a reading of 98. The increase ends a four-month streak of weakening sentiment.