SGB Update Sports & Fitness
Amazon Appoints New CEO Of Retail Business
Amazon.com, Inc. has named longtime executive Doug Herrington as CEO of its worldwide Amazon store business, formerly Consumer, succeeding Dave Clark, who recently stepped down.
YogaSix Opens 150th Studio
YogaSix, which is part of Xponential Fitness, opened its 150th studio in Dana Point, CA, in less than five years of franchising.
TravisMathew Renovates Newport Beach Flagship
TravisMathew, the golf apparel brand owned by Callaway Golf, announced the redesign and renovation of its flagship storefront at Fashion Island in Newport Beach, CA, is complete.
Mondelēz To Acquire Clif Bar
Mondelēz International Inc. has agreed to acquire Clif Bar & Company for $2.9 billion with additional contingent earnout consideration.
Macron Forms New Partnership With Oxford United
Oxford United Football Club announced a new partnership with the Italian brand Macron to become its technical kit partner from the start of the 2022/23 season. Macron replaces Puma.
Target Brings Back Deal Days
Target announced that its annual Deal Days event is back for the fourth year in a row running from July 11-13. The three-day event begins the day before Amazon’s Prime Day deals kick-off, and both events end simultaneously.
Garmin Partners With Sea Tow
Garmin International, Inc., a unit of Garmin, Ltd., said it is working with Sea Tow Services, International, Inc. to provide members and franchise operators exclusive offers and product training to improve boater safety.
Athleta Expands In Canada, Adding Five New Stores In 2022
Athleta, part of San Francisco-based Gap, Inc., announced it would add five new Canadian stores in 2022 with the June 21 opening of Mapleview Centre in Burlington, Ontario.
FitFighter Secures Funding
FitFighter Inc., the maker of the FitFighter Steelhose free weights range, announced it raised $2.5 million in seed round investments to build its salesforce, expand its gym programs and military training, advance product design, and accelerate production.
Study Suggests Team Sports Benefits A Child’s Mental Health
A national study of 11,235 kids ages 9-to-13, conducted by the Public Library of Science (PLOS) journal, found that a kid’s mental health is positively impacted when participating in team sports.
Life Time’s Debt Outlook Revised To Positive
S&P Global Ratings revised its outlook on Minnesota-based athletic center operator Life Time, Inc. to positive from stable because of more certainty around the recovery of the company’s center memberships, as well as increased prices, revenue, and EBITDA.
Club Champion Expands Store Count
Club Champion, the custom golf club fitter, opened four new stores in the second quarter in Huntsville, AL; Westport, CT; Colorado Springs, CO; and Peachtree City, GA.
Nautilus Announces Retirement Of Board Chair
Nautilus, Inc. announced that its Chairman, M. Carl Johnson, III, will be retiring from its Board of Directors effective August 2.
Saysh Closes $8 Million Series A Round Led By IRIS, Athleta
Saysh, the lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced its Series A round closed at $8 million, led by specialist consumer fund IRIS and Gap Inc.’s activewear brand Athleta.
Fanatics Appoints CEO Of Fanatics Collectibles
Fanatics announced the appointment of Mike Mahan as CEO of Fanatics Collectibles, the company’s trading cards and collectibles business.
