SGB Update Sports & Fitness
Arccos Golf Reaches Australia And New Zealand Partnership
Arccos Golf has entered into an exclusive partnership with Performance Brands Australia (PBA) to distribute its golf tech products throughout Australia and New Zealand.
Inov-8 Appoints New CEO
Inov-8 announced that Mike Snell would join the company as its new CEO in October 2022. Snell will leave his current role as commercial director for supermarket chain Asda in September 2022 before joining the UK-founded and headquartered brand.
Blast To Launch Esports Apparel In Partnership With Nike
Blast, the Esports entertainment company, has launched an esports-inspired Nike branded apparel collection.
Tivity Health Sold To Stone Point Capital
Tivity Health, which includes SilverSneakers, Prime Fitness and WholeHealth Living, has completed the acquisition by funds managed by Stone Point Capital for $32.50 per share in cash.
Everlast Launches Mobile Platform, Everlast Fitness
Everlast launched its online platform, Everlast Fitness, dedicated to boxing taught by Everlast fighters and certified professional trainers.
Pou Sheng Names New CEO, Chairman
Pou Sheng, Yue Yuen’s Chinese retail subsidiary, appointed Wang Jun as CEO, effective July 1, succeeding Shao-Wu Lee who is stepping down to become chairman.
Eleiko USA Appoints President
Eleiko, the supplier of strength equipment, appointed Magnus Nyberg as president of Eleiko USA.
Nike’s Q4 Tops Wall Street Targets
Nike, Inc. reported earnings in its fiscal fourth quarter ended May 31, down 5 percent year-over-year but topped Wall Street estimates. Sales were down one percent as a 7 percent decline in its wholesale segment was offset by a 7 percent gain in direct sales.
Wilson Opens Third New York City Store
Wilson Sporting Goods Co. opened its third store in New York City at Columbus Circle.
Compass Diversified Joins Russell 2000 And 3000 Indexes
Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.
BSN Sports To Acquire Eastbay Team Sales Business
BSN Sports announced that it has entered into an agreement to acquire substantially all of the assets of the Eastbay Team Sales business from Foot Locker Retail, Inc., a subsidiary of Foot Locker.
Dick’s Sporting Goods To Close Montgomery Store
Dick’s Sporting Goods announced the closing of its store at EastChase in Montgomery, AL, according to Alabama News.
Rally House Opens Eighth Store In Cleveland Market
Downtown Cleveland gains a new Rally House store in the historic Caxton Building within the Gateway District, its eighth location in the Cleveland area.
True Linkswear Announces National Sales Team
True Linkswear, the golf footwear maker, said it has undergone an extensive expansion of its national sales team and distribution network.
Lids To Open Next To NBA Store In Manhattan
Lids will open a store at 545 Fifth Avenue in New York City, next to the National Basketball Association (NBA) store, which Lids manages on behalf of the NBA.
