SGB Update Sports & Fitness
Optima Cycles Acquires Dolly Bikes
Amsterdam-based e-bike and electric cargo bike manufacturer Optima Cycles strengthens its position in the growing e-cargo bike market with the acquisition of Dolly, the e-cargo bike brand based in Utrecht, Netherlands.
361 Degrees Owned-Retail Posts Robust Growth in Q3
361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded product increased over 10 percent year-over-year for the third quarter of 2024, ended September 30, expanding at the same rate as the second quarter.
Survey: Inflation a Top Concern for Holiday Shoppers
Manhattan Associates, Inc.’s 2024 Supply Chain Confidence Survey found that 85 percent of consumers cited inflation and increased prices as a top concern for how they will shop for the upcoming holiday season.
Look Cycle Group To Divest Bicycle Wheel Specialist Corima
LCG has sold the high-end carbon bike wheel specialist Corima to a group led by Pierre-Jean Martin, its co-founder, who has overseen the Corima business as LCG’s chief technology officer.
Pinarello Opens Flagship in Zurich
Bottega di Pinarello, at Bärengasse 10, is a kilometer from the Sechseläutenplatz, where each UCI Road World Championships race finishes. The store offers Pinarello’s full range of products.
LeagueApps Secures Additional Equity Investment
Founded in 2010, LeagueApps powers youth and local sports organizations across eight team sports, pro leagues, and teams and supports engagement with parents and coaches.
Galfer Appoints New Global Marketing Director
Guillermo Font is a 20-plus-year marketing and brand development veteran who has worked across various sectors and countries, driving growth and innovation.
CNBC/NRF Retail Monitor Sees Consumers Pull Back Spending In September
Retail sales saw a slight month-over-month drop in September but consumers continued to spend more than last year as interest rates and inflation fell and employment rose, according to the CNBC/NRF Retail Monitor.
Niner Bikes Moves To New Location in Fort Collins
Niner Bikes, owned by parent company United Wheels, is leasing a new office space in Fort Collins, CO to support growth plans.
Reyhee Group Recalls Droyd Youth Bike Helmets
About 400 Droyd multi-purpose youth helmets have been recalled for failing to comply with the positional stability, retention system, impact, labeling, and certification requirements of the mandatory federal safety regulations for bike helmets, posing a risk of head injury.
Rebel Sport’s Parent Appoints Amazon Exec As Director
Super Retail Group, appointed Kate Burleigh, formerly a regional Amazon executive, as a non-executive director, effective November 11.
Reju Launches First Recycling Facility in Germany
Materials recycling company Reju, led by former Under Armour CEO Patrik Frisk, with offices in Europe and North America, has opened its Regeneration Hub in Frankfurt, Germany with expected deliveries to begin in 2025.
Nike Moves Tom Peddie Back Into VP/GM of North America Role
Nike, Inc. announced that Tom Peddie will become vice president, general manager of the North America Geography, effective October 21, succeeding Scott Uzzell, who has decided to leave Nike.
Pickleball Kingdom to Open Club in Marlboro Township
As an avid pickleball player, committed to promoting the sport and engaging with the local community franchisee Ved Mishra is spearheading the club’s development.
Mizuno Running Shifts U.S. Sales Regional Management Responsibilities
The restructuring comes as the company seeks to return to double-digit growth within the run specialty channel. The sales management team, now includes three regional managers. Casey Barrett (North), Greg Udzielak (West) and Matt Baum (South).
