SGB Update Sports & Fitness
Imperial Headwear Names VP, Peter Millar Licensing
Andrew Blatnik comes to Imperial from Oak Hill Country Club, where he served as the PGA director of retail operations. His previous experience also includes roles at Pinehurst Resort & Country Club and Wannamoisett Country Club.
Planet Fitness to Open First Franchise Locations in Spain
The fitness center franchisor is opening its first club in Spain, located in Sabadell, a province of Barcelona. The first several clubs will be a joint venture with a franchisee partner, and the remainder of the market will be franchised.
Pure Hockey to Open Second Las Vegas Location
This new store on West Lake Mead Blvd. will be Pure Hockey’s second in Las Vegas after opening its first store in the city in fall 2022 after acquiring The Penalty Box retail store.
MNC Capital Open to Make Direct Tender Offer to Vista Shareholders at $42 a Share
MNC said it is committing to its previously announced fully financed $42 per share all cash offer for Vista Outdoor Inc as a consolidated entity, and that it will not reduce the $42 per share price. Vista Outdoor is taking issue with the MNC media release.
Ross Stores Opens 24 New Locations
Together, Ross Dress for Less and DD’s Discounts operate 2,148 locations in 43 states, the District of Columbia and Guam.
Vista Outdoor Delays Stockholder Vote Again as CSG Raises Bid for Ammo Unit
In the latest chapter of a saga with more twists and turns than the election process in the U.S. this year, the Vista Outdoor Board of Directors will adjourn a special meeting of stockholders after CSG Group sweetens ammo deal.
Vista Outdoor Reaffirms Fiscal Year Guidance
The company sees consolidated company sales in the range of $2.665 billion to $2.775 billion and Adjusted EBITDA in the range of $410 million to $490 million for the fiscal year ended March 31, 2025.
Vista Outdoor Warns on Fiscal Q1 Sales, Profit Declines; Reaffirms FY Guide
Vista Outdoor reported preliminary results for the fiscal first quarter but did not report consolidated numbers, opting instead to report results for its two business segments, Outdoor Products and Sporting Products.
American Bicycle Group CEO Peter Hurley Passes Away
The CEO of the parent company of the Quintana Roo, Litespeed and OBED brands suffered a heart attack following a morning run on Friday, July 19, 2024.
REI Co-op Names 2024 Vendor Partners of the Year
The outdoor specialty retailer is reporting the honorees of this year’s Vendor Partner of the Year Awards, which the retailer gives to brands that have significantly impacted various aspects of its business over the past year.
Lifetime Products Appoints New CEO Following Death of Richard Hendrickson
Selected for this new role by company founder Barry Mower, BJ Haacke is said to bring a wealth of experience and a deep understanding of Lifetime’s operations to his new position.
Topgolf Names Chief Operating Officer
Erin Chamberlin will join the company on July 22 from Penn Entertainment, Inc., where she has served as SVP of regional operations since 2019. Chamberlin will also join the company’s executive leadership team, reporting to CEO Artie Starrs.
Black Diamond Parent Taps Tripp Wycoff to Lead Rhino-Rack Americas Unit
Former Thule executive Tripp Wyckoff is now general manager of the Americas, David Cook is global head of OEM and Daniel Bruntsch is head of EMEA sales for the segment that manages the Rhino-Rack, Maxtrax, and Tred Outdoors brands.
Birkenstock to Open First Storefront in Paris
Founded in 1774, Birkenstock’s first free-standing store will open on July 20 in Paris’ Marais district.
Birkenstock Promotes Van Schalkwyk to Managing Director Pasewalk Facility
Thomas van Schalkwyk, a South African national, oversees the daily operations at Birkenstock’s newest 35,000-square-meter production factory in the Berlin-Szczecin industrial park near Pasewalk, Germany. He has extensive experience in the manufacturing sector.