SGB Update Sports & Fitness
Rusty Saunders Passes Away After 60 Years in SG Industry
Rusty Saunders had a successful 60-plus-year career in the sporting goods industry, having worked in retail, manufacturing and sales. He was inducted into the NSGA Hall of Fame in 2013. Saunders passed away on December 8 at age 88.
Costco Says Consumer is Healthy as it Reports 7.5 Percent Q1 Sales Growth
The commentary surrounding the fiscal 2025 first quarter results for Costco Wholesale Corporation ranged from “mixed” to “beats” to “strong” on Thursday, December 12 after the retail warehouse giant posted its operating results for the twelve weeks ended November 24.
Troon Acquires The Club at Cordillera in Colorado
The Club at Cordillera is one of the largest exclusive golf communities in North America, encompassing over 7,000 acres in the heart of Colorado’s Vail Valley, 120 miles west of Denver.
True Linkswear Names Vice President of Sales
The Pacific Northwest-based golf footwear company has hired Adam Minnich to implement a sales team representing the brand across the U.S. and into more retail shops nationwide.
Garmin Releases 2024 Report Detailing User Health & Wellness Metrics
The company reported that detailed health and wellness stats and fitness-driven data from its Connect community show that 2024 was another active year.
Newton Golf Parent Prices Upsized $8.4 Million Underwritten Public Offering
The public offering price per Common Unit is $1.20 (or $1.199 for each Pre-Funded Unit, which is equal to the public offering price per Common Unit to be sold in the offering minus an exercise price of $0.001 per Pre-Funded Warrant).
John Ashworth Returns to Lead Ashworth Golf Company
In 1987, Ashworth founded his brand to bring a “more modern, casual look to the course.” A third-generation avid golfer, Ashworth returns to the company as creative director.
Onelife Fitness to Open in Annapolis
The new facility will feature a 54,000-square-foot sports club with an indoor saltwater pool, strength training areas, group fitness classes, personal training and stretch services, a recovery studio, and other fitness club-based amenities.
Nordstrom to Open New Rack Store in Lubbock, TX
The 30,000-square-foot store will be located in West End Center, which includes Costco, Nike Factory Outlet, Bass Pro Shops, World Market, and Marshalls/HomeGoods, among others. Graco Real Estate Development owns and manages the West End Center in Lubbock, TX.
PickleRage at Avenues Walk to Host Grand Opening
The Jacksonville, FL club, will host events timed with the grand opening from January 3-4, 2025, which will include a ribbon-cutting hosted by the Jacksonville Chamber of Commerce.
Db Bags Receives Minority Investment from LVMH Luxury Ventures Fund
Db, the Scandinavian luggage and backpack brand, announced a minority investment from LVMH Luxury Ventures Fund I (LLV), the company’s first investment in Norway.
Pallap Padel Enters North American Market with New Distributor
Philip Mintz, president and owner of Pallap Sport USA and the North American distributor of Pallap Padel products, is a Head and Dunlop Racquet Sports veteran with over 30 years of experience leading global racket brands.
United Wheels Appoints New VP of Brand and DTC Marketing
Chris King takes the helm as the company’s VP of brand and DTC marketing. With over 25 years of experience, King will drive brand awareness and consumer engagement across UW’s portfolio.
Under Armour Celebrates Flagship Brand House Opening at New Baltimore HQ
Under Armour hosted a community event this past weekend to mark the official grand opening of its UA Flagship Brand House at Baltimore Peninsula.
Under Armour Extends U.S. Naval Academy Partnership
Naval Academy Athletic Association and Under Armour have extended their partnership in a multiyear agreement. Under Armour has been the official outfitter of Navy’s varsity intercollegiate athletic programs since 2014.
