SGB Update Sports & Fitness
Report: Shein Filed for London Listing in Early June After U.S. Snub
The filing, which would initiate the process for a listing on the London Stock Exchange, comes after the company explored a listing on the Exchange early this year after lawmakers opposed a U.S. listing, Reuters reported in May, citing sources.
WHO Report: Global Levels of Physical Inactivity Among Adults Continues to Rise
In the World Health Organization’s recently published study, physical inactivity is a silent threat to global health, contributing significantly to the burden of chronic diseases, with physical inactivity still more common among women globally than men.
Golftec Opens Second Mainland China Location
The new location joins the Golftec Shenzhen Q-Plex location as the second center in the Nanshan district of Shenzhen, a metropolitan region of over 17 million people with a strong golf community.
Omni Retail Enterprises Names CEO
Former Vitamin Shoppe CEO and Pier 1 Imports exec, Sharon M. Leite, will lead the revitalization of Omni’s retail, educational and health & wellness brands.
Hibbett Expands Omnichannel Fulfillment Capabilities
Expanding its omnichannel fulfillment capabilities will offer Hibbett and City Gear customers more convenience when shopping with the retailer.
For Bare Feet and Pro Compression Parent Names CEO for Sock Companies
For Bare Feet, LLC and its owner Taglich Private Equity, LLC have appointed Justin Fredericks as the CEO, effective immediately. Fredericks will also serve as CEO of Pro Compression, another brand in the Taglich Private Equity portfolio.
Report: May U.S. Golf Rounds Show Slight Decline
Golf Datatech reported that in May the Mid-Atlantic had the biggest decline in golf rounds played, off 5.1 percent, followed by New England, South Central, West North Central, and South Atlantic.
Varsity Brands Appoints First Chief Security Officer
As CSO, veteran law enforcement officer and security expert Lisa Olivieri manages Varsity Brand’s integrated security and safety efforts, events, competitions, offices, and facilities. The company also announced safety and security advancements in its spirit division, Varsity Spirit.
DTLR Names SVP of Marketing and Community Engagement
Lifestyle retailer DTLR, which has over 250 stores in 21 states, promoted Antonio Gray to senior vice president of marketing and community engagement. Gray previously served as the VP of apparel.
Club Champion Opens Locations In North Carolina and Maine
Club Champion has opened two more locations to surpass 130 studios worldwide. The new studios are in Westbrook, ME, the first in the state, and Durham, NC.
Puma Appoints New VP Direct-To-Consumer
Erik Janshento leads Puma’s DTC business, which includes owned and operated stores, puma.com, and several online marketplaces. He replaced Karthik Balagopalan, appointed managing director of Puma India in 2023, who has led Puma’s DTC business on an interim basis since then.
Core Health and Fitness Secures Funding for R&D and Product Expansion
The parent of the StairMaster, Schwinn Indoor Bikes, Nautilus Strength, Star Trac, Wexer, and Throwdown fitness brands secured an investment from Franklin Square Capital Partners, an asset manager based in Philadelphia.
Nordstrom, Inc. Plans to Open Another New Rack Store in Houston Next Spring
The 30,000-square-foot store will open in the Westchase Shopping Center, which includes Whole Foods and Target. Today, Nordstrom operates eight Nordstrom stores and 21 Nordstrom Rack stores in Texas.
Pickleball Kingdom Continues Expansion in Bergen County, NJ
The indoor pickleball franchise in Bergan County, NJ, is operated by Todd and Chana Baron.
Italian Teamwear Company Opens U.S. Headquarters and DC
Macron reported an important milestone in its growth plan this past weekend when it opened the brand’s new U.S. headquarters in Bridgeport, CT, attended by Giovanni Maruzzi, Macron’s chief sales officer and CEO of Macron U.S.
