SGB Update Sports & Fitness
AstroTurf Names Hybrid Turf National Sales Manager
AstroTurf hired Andrew Goldberg as Hybrid Turf’s national sales manager.
NRF Economist Sees Balance Between Inflation And Interest Rates Key To Avoiding Recession
It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession; however, continuing interest rate hikes increase the likeliness, according to the NRF’s Chief Economist Jack Kleinhenz in the January Issue of its Monthly Economic Review.
Rekortan Tracks Names General Manager, VP
Rekortan, Sport Group’s global track brand, hired Tim Jordan as general manager and vice president of Rekortan Tracks.
British Retail Consortium Sees Stronger H2 In 2023 Look Ahead
A new analysis by the British Retail Consortium suggests that U.K. retail sales will grow between 2.3 percent to 3.5 percent in 2023.
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.
