SGB Update Sports & Fitness
Nike’s CFO Joins United Airlines Board
United Airlines Holdings Inc. announced that Matthew Friend, currently executive vice president and chief financial officer of Nike Inc., would join its Board of Directors.
True Fitness Appoints Chief Of Operations
True Fitness has named Matt Hacker as chief operating officer, replacing Ward Petito.
Puma Partners With Oklahoma’s FC Tulsa
Puma has formed a multi-year agreement to be the Official Soccer Apparel Partner of FC Tulsa, the American professional soccer team.
Nike Opens Nike Live In Las Vegas
Nike has opened a Nike Live at Downtown Summerlin in the Western outskirts of Las Vegas.
Callaway Appoints Board Member
Callaway Golf Company announced Bavan M. Holloway has been appointed to its Board of Directors, bringing the number of members to 13.
Life Time Proposed $475 Million Revolving Credit Facility Rated ‘B’
S&P Global Ratings assigned its ‘B’ issue-level and ‘1’ recovery ratings to U.S.-based owner and operator of fitness clubs Life Time Inc.’s proposed $475 million revolving credit facility due December 2026.
Slinger Expands Distribution In Latin America
Slinger announced its newest distribution agreement with BrandsInc in Ecuador.
True Fit Raises $30M
True Fit announced a $30 million growth round.
Garmin Completes Listing Transfer To NYSE
Garmin, Ltd. completed its listing transfer and will begin trading Tuesday as an NYSE-listed company. Garmin said it could now leverage all of the advantages of membership in the NYSE community.
IDC: Wearables Shipments Grew 9.9 Percent In Third Quarter
Global shipments for wearables grew 9.9 percent during the third quarter of 2021 (3Q21) reaching 138.4 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
NRF Economist Predicts Holiday Shopping Could Beat Forecast
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s (NRF) forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, according to NRF Chief Economist Jack Kleinhenz.
Lids Expands Global Footprint With First Stores In Europe
Lids has expanded its international retail presence opening its first brick & mortar retail storefronts. For its European debut, Lids will open four locations in the London metro area.
PGA Golf Exhibitions Appoints Events Manager
PGA Golf Exhibitions announced that Lisa Langas has joined the PGA Show management team at Reed Exhibitions as the Event Manager.
Equinox Debt Rating Affirmed Following Refinancing
S&P Global Ratings affirmed Equinox Holdings’ debt ratings following a recent refinancing.
Shoe Carnival Announces Acquisition Of Shoe Station
Shoe Carnival, Inc. announced that it had acquired substantially all of the assets of privately-held, family-owned Shoe Station, Inc., which operates 21 stores in five Southeastern states. The Shoe Station assets were acquired for $67 million.
