SGB Update Sports & Fitness
TRX Files For Bankruptcy, Pursues Sale
TRX, the maker of functional training products and training content, has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Central District of California, Santa Ana Division in order to pursue a sale.
Payntr Golf Expands Internationally
Payntr Golf, the golf footwear brand based in Portland, OR, has established new distribution partners in markets outside of the U.S. and U.K., including Europe, Asia, and South Africa, among others, under the umbrella company of Payntr Golf Global.
PXG Opens First Retail Store In Colorado
PXG officially opened its first brick-and-mortar location in Denver, its first store in Colorado. The maker of golf equipment and apparel said it plans to end 2022 with 24 locations in the U.S.
Golftec Opens Location In Wisconsin
Golftec announced the opening of an instruction and club fitting center in Appleton, WI.
Rising Racquet Prices Help Tennis Sustain Momentum
Total wholesale racquet unit sales into the US market* grew by over 11 percent in the first three months of the year compared to Q1 2021, according to a report from Sports Marketing Surveys. This marks the largest Q1 total since 2010.
Aqualung Group Appoints Chairman
Aqualung Group, the manufacturer of dive and water sports gear, said Bruno Cercley will take over as chairman of its supervisory board, effective July 1. Cercley guided the turnaround of Rossignol as its CEO from 2008 until his retirement in 2021.
Fanatics Extends Contract With Aston Villa FC
Fanatics extended its e-commerce, retail and manufacturing partnership with Premier League soccer club Aston Villa FC.
Recall: Nautilus Treadmills
About 7,300 Nautilus treadmills are being recalled. The treadmills can start on their own, posing a fall hazard to a user.
Gap, Inc. Launches New Credit Card Program
Gap Inc. launched a new suite of credit cards with Barclays US Consumer Bank to support its Old Navy, Gap, Banana Republic and Athleta banners.
Fanatics Collectibles and Topps Announce College Trading Cards Program
Fanatics Collectibles, the trading cards and collectibles division of Fanatics and Topps announced a comprehensive, officially licensed college student-athlete trading cards program.
Decathlon Expands U.S. Distribution Channels To Third-Party Retailers
Decathlon announced plans to expand distribution to outdoor, sporting goods and retail stores across the United States. The announcement comes as it attends the Outdoor Retailer trade show in Denver, CO for the first time this week.
Core Health & Fitness Acquires Jacobs Ladder
Core Health & Fitness LLC (Core), a portfolio company of U.S.-based private equity firm Gainline Capital Partners LP (Gainline), announced that it has acquired Jacobs Ladder, a maker of ladder-climbing fitness products.
BSN Sports Acquires Team Gear
BSN Sports, a division of Varsity Brands, announced that it has acquired I.D. Clothing Company (dba Team Gear) based in Whippany, NJ.
Quiksilver Appoints VP, Global Marketing
Quiksilver has named Bobby Gascon as VP, global marketing. He joins the company following 13 years at Vans where, most recently, he was senior director of global marketing, Action Sports
Nike Shutting Down Run Club App In China
Nike is deactivating its Run Club app in China. In a statement to Reuters, Nike said it plans to provide runners in China with an “enhanced and localized digital solution.”
