SGB Update Sports & Fitness

Jetset Pilates Inks Two Chicagoland Location Deals
The Miami, FL-based modern Reformer Pilates franchise, is entering the Chicago area after signing its first franchise deals for new locations in Naperville and Winnetka, IL.

Former Reebok Exec John Frascotti Elected Executive Chair of Newman’s Own BOD
Frascotti led multiple high-growth business units at Reebok International, Ltd. including the company’s sports footwear and apparel division, acquisitions, global sports marketing, and licensing.

TSG Consumer Appoints Managing Director and Chief Legal Officer
TSG’s representative past and current partner companies in the active lifestyle market include Backcountry, Canyon Bicycles, Nuun, Planet Fitness, Revolve and CorePower Fitness.

CNBC/NRF Retail Monitor Sees March Y/Y Retail Sales Growth Accelerate
Growth in the Clothing, Footwear and Accessories Stores sector softened from the January and February trends, while the industry that includes Sporting Goods stores accelerated versus January and February periods, according to the CNBC/NRF Retail Monitor for March.

The Beachbody Company Receives NYSE Notice as Market Cap Falls Sits $50M
The company must submit a business plan within 45 days of receipt of the NYSE Notice that demonstrates how the company expects to return to compliance with this continued listing standard within 18 months of receipt of the NYSE Notice.

USTA Appoints General Manager of USA Tennis
In this new role, Tracy Davies will oversee an expanded division that joins Player Development, Pro Circuit, Collegiate, Junior Competition, and International Team Events into one department.

Brick Bodies CEO Vicki Brick Passes Away
When faced with the challenges of a Stage 3 ovarian cancer diagnosis in 2021 at the age of 40, Vicki drew upon her courage, her tenacity and her family to tackle cancer with a fighting spirit, Clark said.

Player Development Index and Junior Golf Hub Promote Eric Allen to CEO
Allen brings a wealth of experience in marketing, sales and management leadership, having held key positions at youth sports tech companies and GameChanger, Dick’s Sporting Goods, Lovesac, Pepsi and Pure Leaf.

Pvolve Franchise to Open Studio in Hawaii
Velvet Voelz, with˙15 years of experience working in the renewable energy sector, will bring the Pvolve method to Honolulu as part of the brand’s nationwide expansion.

REP Fitness Moves to DTC Model in the UK
REP Fitness will conclude its distribution partnership with Fitness Superstore on September 30, 2025. The company will also introduce a B2B sales channel in the UK, enabling businesses of all sizes to access its lineup of strength equipment.

NRF Expected Cargo Traffic to Drop Dramatically Before Latest Tariff Moves
The latest Global Port Tracker report released on April 9 by the NRF and Hackett Associates suggests cargo traffic will drop dramatically beginning next month; however, that outlook might change given the changes in the tariff picture.

Costco Sees March Comps Grow 9.1 Percent x-Gas; E-Commerce Up High Teens
Costco reported net sales of $25.5 billion for the retail month of March, the five weeks ended April 6, 2025, an increase of 8.6 percent from $23.5 billion in fiscal March last year.

Fleet Feet Franchisee to Open Third North Carolina Store in Jacksonville
Michelle Fogle opened her first Fleet Feet store at the Forum Shopping Center in Wilmington, NC 10 years ago, followed by a second Wilmington location two years ago.

Peloton Names Chief Operating Officer and Chief Commercial Officer
Peloton Interactive, Inc. announced changes to its leadership team with the appointment of Charles Kirol to the newly created role of chief operating officer, reporting to president and CEO Peter Stern, effective April 14.

Perfect Game Adds a Pirate as New Managing Partner
Mary Williams will spearhead the growth and development of softball tournaments within the Perfect Game SEC organization in her new role while bringing nearly 3,500 teams with her.