SGB Update Sports & Fitness
Report: Affordability Plays Key Role in Global Physical Inactivity
HFA’s latest report, Reversing the Physical Inactivity Crisis – Fitness Affordability as Strategic Policy, covering ten international markets, highlights the important role that affordability plays in global physical inactivity.
Golf VX Enters Franchising Market with First North American Venue
The 12,000-square-foot flagship franchise in Arlington Heights, IL, features 12 golf simulator bays, each with the technology of Golf VX’s T2 simulator with modes for any mix of play, practice and competition.
Brookfield-Backed Trimco Group Acquires Nexgen Packaging
Nexgen Packaging’s management team will continue to manage the business under its current CEO, Jim Welch. The acquisition will allow both companies to integrate their global sales and manufacturing networks.
BJ’s Wholesale Club Adding Ohio Ambient Distribution Center
The new 500,000-square-foot facility, expected to open in early 2027, will join eight BJ’s clubs in the state.
Circana Sees Consumers Shift Back to Value and Need in January
During the combined weeks ending January 11 and January 18, discretionary spending was down flat compared to the prior year, the company reported, with major environmental events impacting the country.
Crunch Franchisee to Break Ground on New Location in Grand Prairie, Texas
CR Fitness Holdings, LLC announced plans to break ground on a new 34,254-square-foot fitness facility, projected to open in late Fall 2025, in Grand Prairie, TX.
Pickleball Kingdom Coming to Lexington, KY in Summer 2025
The 42,300-square-foot facility in central Kentucky will have 17 professional-grade indoor courts led by the experienced franchise group Pickleball X Equity, which is led by Dhaval and Sanjay Patel.
ColdVentures Taps Medco for ColdVest Distribution in U.S. Sports Med Market
ColdVentures, a medical device company focused on manufacturing portable emergency cooling devices to help people during heat-related emergencies, has inked a distribution agreement with Medco Sports Medicine, to bring its ColdVest to the U.S. sports medicine market.
Newton Golf Company Sees Steep Growth Trend in 2024
The golf equipment company expects to see 2024 sales post almost ten-fold growth for year-over-year with gross margins of at least 65 percent.
APGA Tour Names Chief Operating Officer
Solomon Hughes joins the APGA from Intersport where he served as director of Marketing and Development. Previously, Hughes held various positions within the golf industry, including as a regional director for the American Junior Golf Association.
Women’s Sports Foundation Welcomes New Board Members
The WSF welcomed seven new members to its Board of Trustees on January 1. This group of cross-sector professionals joins the Foundation following its 50th-anniversary celebration in 2024, helping to propel its mission further..
Fitbit to Pay $12.5M Fine for Failing to Report Ionic Smartwatch Defect
Despite possessing information that reasonably supported the conclusion that the Ionic Smartwatch contained a defect that could create a substantial product hazard or create an unreasonable risk of serious injury, Fitbit did not immediately report to the CPSC as required.
Golftec Promotes Chris Koske to Chief Marketing Officer
Chris Koske is a 20-year veteran of the golf and sports industries. As CMO (CMO), Koske will oversee brand strategy and marketing for Golftec enterprises, including its flagship Golftec brand and the Skytrak brand.
Fitness Ventures to Open a Crunch Fitness in Rockford, IL
The 40,000-square-foot fitness facility is Fitness Ventures, LLC’s 61st gym in the U.S. and second in Illinois. Brian Hibbard, CEO of Fitness Ventures, plans to open 15 more Crunch Fitness franchise locations in 2025.
Bass Pro Shops To Open Outdoor Superstore in Mississippi
The new 75,000-square-foot outdoor superstore is scheduled to open in 2027 along the I-10 corridor in Biloxi, MS. This will be the first Outdoor Superstore for Bass Pro Shops in southern Mississippi.
