SGB Update Sports & Fitness
Onelife Fitness Expands In Virginia
US Fitness Holdings, LLC is expanding its Onelife Fitness brand to Hampton, VA.
Oboz, Rip Curl Parent Sees Strong Double-Digit Growth In Fiscal H1
KMD Brands Limited, the New Zealand-based parent company to the Kathmandu, Oboz and Rip Curl brands, reported that sales momentum has continued into its fiscal second quarter ended January 31, resulting in “record first-half sales.”
Motocaddy Hires President & GM For Americas Region
Motocaddy hired Mark Kuryak as president and general manager in the Americas to drive sales and awareness of the electric golf caddy brand across both continents.
Adidas Hires VP Of Basketball Footwear
Adidas hired Nathan VanHook as VP of design for its basketball division.
Strava Seeks New CEO As Horvath Steps Aside Again
Strava is looking for a new CEO after Co-Founder and CEO Michael Horvath called it quits, again. This is the second time for Horvath after walking away as CEO in 2013 for family reasons before returning to lead the company six years later.
Under Armour Debt Rating Outlook Lowered
S&P Global Ratings revised its outlook on the debt ratings of Under Armour to stable from positive as the company’s operating performance has weakened, leading S&P to expect soft demand and margin pressure to last longer than previously anticipated.
Fitbench Adds Two Key Hires To Sales Team
Fitbench added two sales leaders to its team—Mike Meluch, director of sales and national accounts, and Matt Hennessey, national dealer sales manager responsible for commercial and consumer sales.
Report: Online Prices Fall For Fifth Consecutive Month
According to data from Adobe’s Digital Price Index, online prices in January 2023 fell 1 percent year-over-year, the fifth consecutive month of year-over-year declines. Half of the 18 categories tracked by Adobe saw falling prices year-over-year.
Alo Yoga Opens Virtual Store
Alo Yoga opened a virtual store offering digital styling services where customers can browse the brand’s collections, customize outfits and view selected videos from the company’s Moves workout platform.
Dick’s House Of Sport To Open In Scranton
Dick’s Sporting Goods and Field & Stream store in the Viewmont Mall in Scranton, PA, closed its doors with plans to convert the space to a Dick’s House Of Sport.
Puma Joins Zero100
Puma joined Zero100, a community-based education and research platform aiding organizations to reduce carbon emissions through digitization.
Drive Shack To Open Puttery Location In Pittsburgh
Drive Shack, Inc., will open a Puttery in Pittsburgh on February 17, spanning two levels and covering 19,000 square feet, featuring three nine-hole golf courses.
Mindbody Survey: San Francisco Tops List Of Healthiest Cities
San Francisco ranked the No. 1 city for the first time on Mindbody’s Annual Top 10 Healthiest Cities In America*, replacing three-time winner Miami. In 2022, San Francisco ranked sixth in the company’s survey.
HanesBrands To Offer Senior Notes
HanesBrands, Inc. reported it plans to offer a $600 million aggregate principal amount of senior unsecured notes due 2031 in a private offering.
Topgolf Callaway Posts Wider Q4 Loss On Strong Double-Digit Growth
Topgolf Callaway Brands Corp. posted another strong quarter to end 2022, delivering a 19.6 percent increase in revenue to $851.3 million in Q4, reflecting growth in each operating segment, major product category and region.
