SGB Update Sports & Fitness
Bodybuilding.com Forms Partnership With Retail Ecommerce Ventures
Bodybuilding.com, the online fitness store, signed a partnership deal with private equity firm Retail Ecommerce Ventures.
Lululemon Launches In Spain
Lululemon Athletica, Inc. announced plans to open its first two stores and a local e-commerce site in Spain. Spain is a new European market for the brand since 2019.
LeMond Bicycles Names New CEO
LeMond Bicycles appointed Rick Adams as CEO. He replaces Dean Hendrickson, who will transition to CEO of LeMond Carbon.
Adidas UK Finance Chief Retires
Andrew Hackett, Adidas’ U.K. finance chief, has retired after 25 years with the company.
GenYouth Appoints CEO
GenYouth, the national nonprofit organization, announced it appointed Ann Marie Krautheim as CEO.
Rally House Introduces First Store In Branson, MO
Rally House opened its first store in Missouri with a new location in Branson.
Lids Expands Global Brick & Mortar Footprint With First Stores In Germany
Lids is expanding its retail presence internationally by opening its first standalone stores in Berlin, Germany.
NBA Invests In Kids’ Social Network
The National Basketball Association (NBA) was part of a $17 million fundraising round for Zigazoo, a social media platform similar to TikTok that caters to kids between the ages of three and twelve with over one million subscribers.
SportsPursuit Merges With Private Sport Shop
UK-based SportsPursuit, the online discount retailer and part of Baker’s bd-capital portfolio, announced it has merged with France-based Private Sport Shop.
Anta Sports Adds Board Member
Anta Sports Products Limited appointed Xia Lian, currently the general manager of Beijing Qingkongdaokou Investment Management Co., Ltd, as an independent non-executive director of the company.
BioSteel Sports Nutrition Appoints President
BBioSteel Sports Nutrition Inc. announced the appointment of Bruce Jacobson as president.
Mitchell & Ness Partners With NHL
The NHL, Fanatics and Mitchell & Ness announced an agreement giving Mitchell & Ness official rights to create apparel and accessories for the NHL and its 32 teams.
Puma Extends Contract With AC Milan
Puma and AC Milan announced a long-term extension of their partnership, which was first established in 2018.
WizWheelz Acquires Recumbent Cycle-Con
WizWheelz, the parent company of TerraTrike and GreenSpeed, acquired Coyne Publishing, LLC, on June 24, 2022. The deal includes the Recumbent Cycle-Con (RCC) show
Fitness International’s Debt Ratings Upgraded
Moody’s Investors Service upgraded the debt ratings of Fitness International, LLC, the parent of LA Fitness, Esporta Fitness and City Sports Club.
