SGB Update Sports & Fitness
Fanatics And NHL Ink 10-Year Deal For On-Ice Uniforms, Authentic Jerseys Supplier
The National Hockey League and its longstanding partner Fanatics have inked a new 10-year agreement which, beginning with the 2024/25 season, will see Fanatics become the League’s authentic outfitter of on-ice uniforms and supplier of authentic jerseys at retail.
Primaloft Announces CFO Transition
PrimaLoft, Inc., a subsidiary of Compass Diversified, promoted Jason Kerley to chief financial officer from vice president and controller. He will transition to the position on the retirement of the current CFO, Tom Seaver.
Survey: Concussion Safety Top-Of-Mind For Parents Of Kids Playing Youth Sports
A new survey from MedStar Health is highlighting significant injury concerns heading into the spring youth sports season. Following a series of highly publicized injuries in professional sports over the past year, prioritizing concussion safety is now top of mind for parents.
K-Swiss Appoints Footwear Industry Vet As International Brand President
K-Swiss hired athletic footwear industry veteran Rob Langstaff as international brand president.
Wattbike Taps Mammut Sports Group Board For New Company Chairman
Wattbike appointed Greg Nieuwenhuys as chairman of the board of directors, effective immediately.
GNC’s CEO Exits
According to the Pittsburgh Business Times, Josh Burris, CEO of GNC since February 2021, left his position in January 2023.
True Spec Golf Opens Venue In Scottsdale
True Spec Golf has opened a location in Scottsdale, AZ in partnership with Talking Stick Golf Club.
Club Champion Opens Location In Crawley, England
Club Champion reported opening a fitting studio at Platinum House, Sussex Manor Business Park in Crawley, a borough in West Sussex, England.
Precor To Close North Carolina Plant
Precor, the fitness equipment manufacturer acquired by Peloton in early 2021, is closing its plant in Whitsett, NC, affecting 123 employees.
Moody’s Upgrades Hanesbrands’ Speculative Grade Liquidity Rating
Moody’s Investors Service upgraded Hanesbrands, Inc.’s speculative grade liquidity rating (SGL) to SGL-2 from SGL-3 to reflect Hanesbrands’ improvement in liquidity as it has addressed all of its 2024 debt maturities.
Start 2 Finish Acquires Fleet Feet Race Productions
Start 2 Finish Event Management, with offices in Atlanta, GA; Charlotte, NC; and Memphis, TN, reported it had acquired the Race Productions division of Fleet Feet St. Louis to expand its reach in the Midwest and further establish itself in the event management industry.
Topgolf Callaway Brands Completes Debt Refinancing
Topgolf Callaway Brands Corp. completed a series of related transactions in support of a comprehensive plan to refinance its capital structure. Through these transactions, the company simplified and unified its financial reporting, extended its debt maturities, and improved liquidity.
Wolverine Worldwide Announces New Board Chairman And Directors
Wolverine World Wide, Inc. reported today that its Chairman and retired CEO, Blake Krueger, will retire from the Board on May 4. Tom Long, the Board’s lead independent director, will assume the role of Chairman on May 4. The company also elected three new board members—Stacia Andersen, Jodi Bricker and DeMonty Price.
361 Degrees Posts 17 Percent Revenues Growth In 2022
Hong Kong-based 361 Degrees International Ltd. reported earnings grew 24.2 percent in the year ended December 31 as sales expanded 17.3 percent.
Whing Golf Names National Sales Manager
Whing Golf hired Joseph De Peralta national sales manager in a newly-created position.
