SGB Update Sports & Fitness

Tour Edge Appoints Vice President of Brand and Strategic Partners

Ladd comes to the role from Wilson Golf. She brings a strong background in golf knowledge with experience in national account and sales team management, merchandising and global marketing efforts garnered over a decade working for the company.

Life Time Completes Credit Revolver Increase and Extension

In connection with the refinancing, the company said it borrowed under the revolver and paid the remaining aggregate principal amount of ~$200 million outstanding under its term loan facility that had an interest rate of SOFR plus 4.00 percent.

Report: Premium Fitness Flourishing at Life Time and Orangetheory

Placer.ai said in a recent blog post on the growth trends at premium fitness brands like Life time and Orangetheory. The company said it dove into the data for the two premium fitness chains to better understand what’s driving their recent success.

Xponential Fitness Expands Rumble Boxing into Japan

In addition to the new Rumble Boxing franchise, Wellness X Asia acquired Master Franchise rights for Club Pilates in 2019 and has since launched 55 studios across Japan. Following this milestone, the company opened its first CycleBar studio in early 2023.

NBDA Elects Three New Board Members

Shirley Gonzalos of Pedal the Peaks, Chelsea Kulp of Shore Brake Cyclery and Paul Tobio of Ryder Bikes bring a wealth of experience and a passion for strengthening specialty bicycle retailers and the cycling industry.

Target Names Chief Financial Officer

During his career, Jim Lee has led global teams in various business development and finance functions across North America, Europe and Asia, including as CFO for several of PepsiCo’s international regions.

Canada Goose Signs Licensing Agreement with Marchon Eyewear

Canada Goose’s first eyewear collection will incorporate the brand’s signature design elements and performance features. Marchon will manufacture the pieces using sustainable materials, an essential commitment both companies made when inking the deal.

KemperSports Promotes Marketing Executives

Kevin Fitzsimons and Dariel Farin were promoted to regional sales and marketing directors, reporting to VP of Marketing Erica Espe. Headquartered in Chicago with regional offices throughout the U.S., KemperSports manages over 140 golf courses, private clubs, sports venues, and destination resorts nationwide.