SGB Update Sports & Fitness
Pickleball Kingdom to Open Near Sports’ Birthplace
Pickleball Kingdom will open a club in Poulsbo, WA, led by franchise siblings John and Mara Hylton. The location is the closest to the sport’s birthplace on nearby Bainbridge Island.
Rally House Opens Another Store in Pennsylvania; Fourth in Wisconsin
Rally House opened another store in Pennsylvania with Rally House Grove City Premium Outlets. On July 12, the company opened Rally House Southridge Mall in Greendale, WI increasing its store count in the state to four.
CNBC/NRF Retail Monitor Sees Biggest YoY Retail Sales Jump Since Fall 2023
Retail sales showed moderate growth in June and posted the biggest year-over-over year increase in nearly a year amid a still-solid economy and near-zero inflation for retail goods.
Deckers Brands Will Execute a Six-for-One Forward Stock Split
The parent company of Hoka, Ugg, Teva, Sanuk, Koolaburra, and Ahnu said its Board approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the stock split.
Sportsman Logistics to Distribute Adidas Pickleball Racquets in Alberta
A partnership with The District, the official distributor of Adidas Pickleball and Padel in Canada, enables Sportsman Logistics to bring these products to Alberta.
Fitness Ventures LLC to Open New Crunch Fitness in Minnesota
Crunch St. Cloud, on schedule to open in Fall 2024, will have a 40,000-square-foot footprint at Crossroads Center Mall next to DSW and Ulta, creating a new fitness venue for St. Cloud residents.
Nite Ize Adds Indie Sales Representation in TALO Region
The Alpine Cowboy, owned by Stephanie and Koby Crooks for over 25 years, will represent the brand in Texas, Arkansas, Louisiana, and Oklahoma (TALO region).
Crecera Brands Appoints Chip Coe as CEO
The parent of the Sportsman’s Guide, The Golf Warehouse and Baseball Savings.com brands has appointed Coe as CEO, effective immediately. He succeeds Corey Bergstrom, who launched Crecera’s strategic transformation.
Pickleball Kingdom Targets Louisville, KY for Three New Locations
Franchisees Sanjay Patel and Dhaval Patel of Pickleball X Equity are expanding Pickleball Kingdom with three new indoor pickleball facilities in Louisville.
Orangetheory Fitness Inks Franchise Partner for Central and South Florida
Bluegrass Fitness, an affiliate of Manna Capital Partners, LLC, has acquired 18 Orangetheory Fitness studios in the Orlando and South Florida markets and has executed a multi-year development agreement covering Central and South Florida.
Concert Golf Partners Acquires TPC Jasna Polana
Jasna Polana boasts an immense history, from its ties to the Piasecka Johnson family to its role in professional golf as a past host of the PGA Tour Champions and the classic Wonderful World of Golf match between Tom Watson and Hal Sutton.
TAG Sports Gear Welcomes New President
Rebecca White has ten years of experience working in sales and direct-to-consumer business, running her own online health coaching company, mergers and acquisitions, private client banking, and investor relations.
REI’s Chris Speyer to Join MEC as New Chief Merchandising Officer
Speyer, who has worked as REI Co-op’s CMO for the last seven years, reportedly brings over thirty years of leadership experience in the specialty outdoor retail, wholesale, and direct-to-consumer businesses.
REI Co-op Appoints SVP, Chief Technology Officer
Guillaume Ledieu succeeds Dan Shull, who will depart REI on July 12 for a new opportunity. Guillaume joined the co-op in 2023 as VP of foundation technology and has already had an incredible impact in his short time working for the company.
Locally Names First Chief Marketing Officer
Karen Sage joins the company as CMO to further fuel Locally’s expansion as it marks a 12-month growth trajectory to over $1.8 billion in retail referral sales.
