SGB Update Sports & Fitness
Anta Sports Sees 13 Percent Growth In Six Months
Hong Kong-based Anta Sports Products Limited reported a slight decline in profits in the six months ended June 30 as lower gross margins offset a 13.8 percent climb in sales. Amer Sports showed a 23.2 percent sales gain.
Ballogy Strikes Partnership With National High School Basketball Coaches Association
Ballogy, Inc., the skills assessment and development app and exposure platform for youth and amateur basketball players, has formed an exclusive partnership with the National High School Basketball Coaches Association (NHSBCA).
Michael Vick Launches Digital Collectibles Platform
Michael Vick, the former NFL quarterback, has co-founded FanField, a sports tech company launching an NFT platform this fall.
Tiger Woods, Rory McIlroy And Mike McCarley Form TMRW Sports
Tiger Woods, Rory McIlroy, and veteran sports industry executive Mike McCarley founded TMRW (Tomorrow) Sports, a technology-focused startup that feature progressive approaches to sports, media, and entertainment. Dick Ebersol is an initial investor.
Academy Sports + Outdoors Opens 12th Store In Atlanta
Academy Sports + Outdoors opened its newest store in Atlanta, GA, its 12th location in the metro area and 20th in the state. Georgia. The 50,200 square-foot store is located at 130 Perimeter Center West in the Perimeter Square Shopping Center.
Les Mills Adds Two Executives
Les Mills has hired Amber Taylor as chief digital product officer and Luke Waldren as chief customer officer.
Dick’s Sporting Goods Boosts 2022 Outlook As Q2 Tops Analyst Targets
Dick’s Sporting Goods reported second-quarter earnings and revenue that topped Wall Street estimates. The retailer raised its full-year EPS guidance and also increased the low end of its full-year comparable store sales guidance. Ed Stack, executive chairman, said in a statement, “The state of our industry is strong, and we remain in a great lane.”
Sqairz Appoints VP Of Operations
Sqairz, the golf shoe company based in Windham, NH, hired industry veteran Brad Mills as vice president of operations.
PlayOn! Sports Appoints CFO, Adds Board Member
PlayOn! Sports, which operates the NFHS Network, hired Susan Young as CFO and elected former Turner Sports COO Matt Hong to its Board.
Seawall Capital Acquires Majority Stake In Sports Endeavors
Seawall Capital has attained a majority stake in Sports Endeavors Inc., the owner of online retailer soccer.com, worldsoccershop.com and 431sports.com. The founding Moylan family of Sports Endeavors remains a minority investor and will continue to lead the North Carolina company.
New Balance To Sponsor First Division III University
Babson College Department of Athletics and Recreation and New Balance announced an apparel deal with current provider BSN Sports and additional ancillary benefits with the Boston-based firm.
USA Triathlon Appoints Board Member
USA Triathlon announced that Yvonne Spencer has been appointed as a general director of the USA Triathlon Board of Directors. Her term goes until December 31, 2025.
PushPress Secures $11 Million In Series A Funding
PushPress, Inc., a fitness studio management software company, announced it has raised $11 million in Series A funding led by Altos Ventures, with participation from Mucker Capital.
Ahead Appoints VP Of Operations
Ahead has promoted Barbara Casagrande to the newly created position of vice president, operations. Casagrande joined the headwear company in 2015 and has served as its director of operations since that time.
Hanesbrands’ Debt Ratings Revised To Negative
S&P Global Ratings revised its debt ratings outlook on Hanesbrands, Inc. to negative. The rating agency said Hanesbrands reported second quarter 2022 earnings below S&P’s expectations, specifically leverage of about 4.2x, compared to prior expectations of mid-3x, and due to the underperformance at its key growth brand Champion.
