SGB Update Sports & Fitness
Authentic Appoints EVP to Manage Former Boardriders Brand Portfolio
The company hired David Brooks as EVP of action and outdoor sports lifestyle. Most recently, Brooks with the global general manager for RVCA and Boardriders Partnerships at Boardriders.
CPSC Issues Warning on Cyclingsell Zacro Bicycle Helmets
The U.S. Consumer Product Safety Commission (CPSC) is warning consumers to immediately stop using Cyclingsell Zacro adult bike helmets because they can fail to protect a cyclist’s head in the event of a crash. The seller, cyclingsell.com, of China, has not agreed to recall the helmets or to offer a remedy to buyers.
Thélios Acquires Vuarnet from NEO Investment Partners
Thélios said it aims to restore the brand’s former glory, empowering Vuarnet to elevate its product quality and push the boundaries of innovation. Vuarnet’s mineral lens expertise will reportedly benefit Thélios to expand its know-how in this area.
Rally House Sets Plans to Open Three Stores This Fall
Rally House reported it will open three stores this fall in Deptford, NJ; Evansville, IN; and Altoona, IA.
Xponential Fitness Sets Three-Year Growth Targets; Shares Fall 15 Percent
XPOF shares were up 2 percent in the pre-market on Wednesday but fell throughout the day to close down 15.4 percent to $19.07 on Wednesday.
HanesBrands and FSU Extend Exclusive Mass Channel License
The multiyear extension of its apparel partnership gives HanesBrands exclusive rights to Florida State fanwear in the mass retail channel.
BodyArmor to Enter Canada
Coca-Cola will launch the BodyArmor sports drink across Canada in January 2024, marking the brand’s first international expansion since BodyArmor was founded in 2011 and Coke’s late 2021 acquisition.
USTA Launches Investment Fund to Support Tennis Growth
The United States Tennis Association launched USTA Ventures through the USTA Strategic Investment Committee to acquire potential equity stakes in technologies and other companies to advance the growth of tennis in the U.S.
NSGA Sporting Goods Industry Hall of Fame Committee Elects Class of 2024
NSGA Sporting Goods Industry Hall Of Fame announced the Class of 2023, which includes Glenn Barrett, OrthoLite; Cathy Pryor, Hibbett Sports; Karsten Solheim, Ping Golf; and Mike Thompson, Rawlings.
Varsity Brands to Sell Herff Jones Graduation Business
Varsity Brands, the parent of BSN Sports and Varsity Spirit, said it signed a definitive agreement to sell the Herff Jones Graduation Business, including the Scholastic and Collegiate brand portfolio and manufacturing facilities, to Atlas Holdings.
West Coast Port Workers Ratify New Contract
Members of the International Longshore and Warehouse Union, which represents dockworkers at U.S. West Coast ports, voted to ratify a new six-year contract with the Pacific Maritime Association.
Life Time Breaks Ground on First Ground-Up Pickleball Location
Life Time Chanhassen Pickleball is expected to be completed in early 2024. The 25,000-square-foot building, adjacent to the Life Time Chanhassen, MN athletic country club, will feature eight indoor and seven outdoor pickleball courts, along with a viewing area, lounge, dressing rooms and other amenities.
Vista Outdoor Inc. Files SEC Paperwork to Spin Off the Outdoor Products Group
Vista Outdoor, Inc. publicly filed its Form 10 registration statement on September 5 with the Securities and Exchange Commission in connection with its previously-announced plan to separate its Outdoor Products and Sporting Products segments into two independent, publicly-traded companies.
Craft Sportswear N.A. Appoints National Sales Agency for Footwear
Craft said that Waypoint Outdoor’s “vast network and experienced team, combined with Craft’s current rep force will provide an immediate increase of boots on the ground to support Craft’s expanding footwear dealer base and pinnacle accounts.”
Survey: Pickleball On the Rise in Community Associations
According to a recent Snap survey by the Community Associations Institute Foundation for Community Association Research, 77 percent of respondents said that the pickleball courts in their communities were in “Moderate” or “High” demand.
