SGB Update Sports & Fitness
TruGolf Links Inks First Regional Development Franchise Deal
The deal with Central New Jersey entrepreneur Nicholas “Nick” Reimondo spans from Bucks County, PA, into Central and Northern New Jersey. The agreement includes the rights to open 40 locations.
PickleRage Hires New VP of Franchise Development
The company added Eric O’Connor to its leadership team as VP of franchise development in an effort to strengthen the brand’s expansion efforts and streamline systems for franchisees.
JD Sports Warehouse Workers in England Face Job Cuts
“Around 200 workers” are impacted, as one staff member said that the consultation period should be concluded by September 6. JD Sports’ nearby distribution center in Rochdale (Kingsway), England, is not affected.
Rip-It Sports Hires First Chief Marketing Officer
Amy Craven was formerly the director of brand and global advertising for American Airlines. Her appointment follows Janelle Anderson’s recent naming as Rip-It Sports’ new CEO in April.
Brooks Running Shares Q2 Performance Metrics
Double-digit growth in its Wholesale and DTC channels drove a 15 percent year-over-year increase compared to the 2023 Q2 period.
Brooks Running Appoints New President & COO and New EMEA Chief
Brooks Running promoted Matt Dodge to president and chief operating officer, effective August 1, and hired Josh Vaughan, former EMEA general manager for Icebreaker and Smartwool, to fill Dodge’s former role in Europe.
Onelife Fitness to Open First North Carolina Club in 2025
The $10 million sports club will be the company’s first in the state. A growing organization, Onelife Fitness operates 55 locations throughout Virginia, West Virginia, Maryland, Washington, D.C., and Georgia.
Scott USA Appoints Chief Operating Officer
In his new role, Jake Dudek will oversee teams across finance, operations and e-commerce, driving commercial strategy and operations for Scott’s portfolio of sporting equipment brands in the USA.
Report: U.S. Golf Rounds Show Recovery In June
June’s gains marked an uptick after May’s rounds declined 0.8 percent. By region for the month, the most significant gains were in the Mid-Atlantic, according to Golf Datatech, a subsidiary of Circana.
PXG Opens Location In San Diego
PXG San Diego is located at Miramar Crossings, its third California-based retail and fitting studio.
Report: U.S. Consumer Sentiment Drops to 8-Month Low in July
The University of Michigan’s consumer sentiment index fell to 66.4 in July from June’s 68.2. Economists polled by FactSet had expected the reading to come in at 66.5.
Nutrition Brand Maurten Nets $22 Million in Funding Round
The new funding for the Swedish sports nutrition company is expected to help Maurten expand beyond sports and into the medical arena. Maurten also plans to accelerate its focus on female-specific research.
PGA Tour Superstore to Open First Store in Michigan
The 42,000-square-foot space in Novi, MI is the chain’s 69th in the U.S. across 26 states.
Athletic Republic to Open Second DFW Area Location
Athletic Republic North Dallas joins the Athletic Republic network as the second location in the DFW metroplex, following the opening of Athletic Republic Rockwall in October 2023.
Report: Decathlon in Talks to Acquire Stake in Spain’s Tradeinn
The e-tailer, based near Girona in Spain, sells sports equipment and clothing online via about 20 specialist sites, including Diveinn for diving, Goalinn for football, Trekkinn for outdoor equipment, and Smashinn for tennis and padel.
