SGB Update Sports & Fitness
Hydrow Announces $55M In Series D Funding
Hydrow, the at-home connected rower start-up, has raised approximately $55 million in Series D funding led by Constitution Capital with continued support from L Catterton and RX3 Ventures.
Strava Appoints Chief Marketing Officer
Strava hired Zipporah Allen as its chief marketing officer responsible for overseeing all marketing and communications for the company.
February Another Record Month At The Port Of Los Angeles
The Port of Los Angeles processed 857,764 Twenty-Foot Equivalent Units (TEUs) in February, a 7.3 percent increase compared to last year. It was the Port’s busiest February in its 115-year history and represents back-to-back record months to begin 2022.
RECALL: Specialized Sirrus Bicycles
Specialized has issued a voluntary recall of about 36,000 Sirrus, Sirrus X and Sirrus Sport Bikes with alloy cranks that were sold in the U.S.
February Retail Sales Rose Strongly Year-Over-Year
Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, the National Retail Federation said.
Icebreaker Appoints GM For North America
Icebreaker, owned by VF Corp., has hired Noah Bryan as general manager for North America. Most recently, he worked as the senior business development manager for sports and outdoors at Amazon.
PingPod Closes $10 Million Series A Funding For Expansion
PingPod, the table tennis on-demand concept with three New York City locations, has raised $10 million in a Series A funding round.
Nutrishop And 24 Hour Fitness Expand Partnership
Nutrishop expanded its partnership with 24 Hour Fitness with plans to have approximately 50 Nutrishop franchised shops inside 24 Hour Fitness locations over the next four years.
NRF Forecasts Annual Retail Sales To Increase In 2022
The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 6 percent and 8 percent to more than $4.86 trillion in 2022. The 2022 figure compares with 14 percent annual growth rate in 2021, the highest growth rate in more than 20 years. This year’s sales forecast is notably above the 10-year, pre-pandemic growth rate of 3.7 percent.
Honma Golf Appoints VP Of Sales
Honma Golf named golf industry veteran Chuck Couch as North American vice president of sales. He was most recently vice president of Mizuno USA’s running division from 2016 to 2021.
Inov-8 Appoints Global Category Manager, Cross Training
Inov-8 has hired Chris Melton as global category manager for cross training. He will also head up the distribution of its footwear and apparel for Central and South America.
Clarks Appoints New CEO
Clarks has hired Jonathan Ram as CEO for Clarks shoes effective April 2022.
Golftec Adds Location In New Jersey
Golftec continues to expand its nationwide footprint announcing the opening of an instruction and club fitting center in Paramus, NJ.
Callaway Golf Adds Board Member
Callaway Golf Company announced that it has appointed Varsha Rao to its Board of Directors, which increases its members from thirteen to fourteen.
Carlyle Agrees To Acquire Dainese Group
Global Investment firm Carlyle announced that it has agreed to acquire Dainese Group, the maker of protective equipment for motorcycling and extreme sports, from Investcorp and Lino Dainese. Cristiano Silei will remain as CEO of the company.
