SGB Update Sports & Fitness
Golftec Opens Store Near Seattle
Golftec reported it opened an instruction and club fitting center in Tacoma, WA.
DeFeet Shifts Internal Company Sales And Distribution Roles
DeFeet reported it made internal changes to its custom sales department, including domestic and international distribution.
Outdoor Cap Adds Safety And Wellness Coordinator
Mallory Swan joined Outdoor Cap Company as safety and wellness coordinator, rounding out its human resources department.
Milk Specialties Global Sold To Private Equity Firm
Milk Specialties Global, the largest manufacturer of whey protein isolate and milk and whey protein ingredients, was sold to Butterfly, a Los Angeles, CA-based private equity firm specializing in the food industry.
Rally House Plans to Open Additional OH, PA And MI Stores In 2023
Rally House plans to open stores next year in Columbus, OH; Pittsburgh, PA; and Okemos, MI.
Orthotics Holdings Secures New Ownership
Orthotic Holdings Inc., the maker of custom medical devices, secured a majority investment from Summit Partners Credit Advisors.
Sports Medicine Report Forecasts Top Worldwide Fitness Trends For 2023
Wearables was the #1 trend for 2023 in American College of Sports Medicine (ACSM)’s annual fitness survey, “Worldwide Survey of Fitness Trends for 2023,” that’s now in its 17th year.
Hergert’s Sport Center Owners To Retire
The owners of Hergert’s Sport Center in Oshkosh, WI, Bob and Ralph Hergert, are retiring after over 60 years.
Bleacher Bums To Close Two Stores
Bleacher Bums, the sports apparel and memorabilia retailer, is closing two stores in Colonial Park, PA and Frederick, MD, in January.
Fanatics And Lids Partner With Barnes & Noble Education For Campus Stores
Barnes & Noble Education, Inc. (BNED) announced it has entered into a long-term strategic omnichannel merchandising partnership with Fanatics and Lids to support sales of licensed sports and emblematic merchandise. Under the terms of the agreement, Fanatics and Lids will jointly make a $15 million strategic equity investment in BNED.
Kizik Names Former Hoka Brand President As Board Member
Kizik added Wendy Yang, who recently stepped down as president of Hoka, to its Board of Directors.
Moody’s Assigns B3 To Augusta Sportswear’s Extended Term Loan
Moody’s Investors Service assigned a B3 rating to Oak Parent, Inc.’s extended senior secured term loan due April 2025.
Adidas Renews Lease On Downtown Manhattan Flagship
Adidas has signed a 10-year renewal for its downtown flagship store at 610 Broadway.
Jordan Brand Opens New Store In Milan
Jordan Brand opened its first World of Flight concept store in Milan, Italy. In a statement, the company described the store as “the future of Jordan retail.”
Life Time Survey: Building Muscle Tops Weight Loss As Primary Focus For 2023
Life Time’s annual health and wellness survey of more than 1,000 fitness enthusiasts found that although separated by just two percent, building muscle topped weight loss as the primary focus for the year ahead, an increase of 10 percent from last year’s survey and a departure from “losing weight,” which typically tops most New Year’s resolution lists year after year.
