SGB Update Sports & Fitness
Sports Impact Appoints Industry Vet as Chief Marketing Officer
Nick Addecott, who is based in London and has previous golf industry expertise with the agency’s longest-serving client, Wilson Golf. He has over 20 years of senior management and board-level experience.
Roll Recovery Hires Biz Development Lead; Partners with Indy Rep Group
The manufacturer of deep tissue massage therapy tools and recovery footwear, has hired Craig Sinbine to lead business development. The company has also partnered with a new sales agency, The Endorphin Group.
Crunch Fitness Sets Opening Timeline for New Mega Crunch in Palm Harbor, FL
The opening timeline for Crunch Palm Harbor, a 55,000-square-foot fitness facility is projected for late Summer 2025.
Pvolve Set to Open Third Franchise Location in Connecticut
The company signed an agreement with Christine Friedman Partouche to bring two new studios to Fairfield County, CT, marking the company’s third franchise location in the state.
Topgolf Breaks Ground on Grand Prairie, TX Venue
The new venue is set to open in late 2025. This will be the 15th venue in Texas and the fifth in the Dallas-Fort Worth metroplex for the company.
Report: 2024 Holiday Online Spending Sets New Record; Sporting Goods Up Big
Strong discounts this season also drove consumers to purchase higher-ticket items in categories such as electronics, appliances and sporting goods. The share of units sold for the most expensive goods was up 54 percent in sporting goods.
G/Fore Appoints Suzy Biszantz as CEO
With over twenty-five years of brand leadership experience, Suzy Biszantz has worked in luxury, athletic, contemporary, and menswear apparel. Most recently, she was the group president at Centric Brands for its men’s and women’s platforms.
Former Ross Bicycles CEO Randy Ross Passes Away
When he led the brand, Ross Bicycles sponsored the first professional mountain bike race team, the Ross Indians. Ross also sponsored events that helped the sport develop in the 1980s, and the company’s bike line was one of the first mass-produced mountain bikes on the market.
Newton Golf Company Appoints CFO
Ryan Stearns brings over two decades of financial expertise working in public and private sectors. His extensive experience in mergers and acquisitions, capital funding and financial process optimization will “position him to make an immediate impact.”
Report: Holiday Retail Return Rate Jumps 28 Percent as U.S. Sales Reach $282B
Salesforce is reporting that the data in its system shows that holiday retail sales surged to a record $1.2 trillion globally and $282 billion in the United States, but high returns could dampen retailer overall profit margins.
Five Iron Golf Co-Founders Invest in Tiger’s New York Golf Club
TGL, co-founded by Tiger Woods and Rory McIlroy’s TMRW Sports, received an investment from Five Iron Golf Co-Founders Jared Solomon, CEO and Katherine Solomon, chief legal officer, to drive excitement around New York Golf Club and TGL.
Camelbak, Bell/Giro Parent Revelyst Completes Sale to Financial Firm
The parent of Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, Simms Fishing was acquired by SVP in an all-cash transaction based on an enterprise value of $1.125 billion.
Famed Golf Club Designer Richard Parente Passes Away
As the first President of Callaway Golf, Parente was instrumental in creating the first production-milled putters and the S2H2 designs. He pioneered the first milled driver heads and developed AVDP, a lightweight grip-and-shaft system designed for faster swinging irons and drivers. Parente has over 30 golf patents.
Perfect Moment Enlists Sales Agencies in Southern Europe and Japan
These new Southern Europe and Japan agencies partnerships with TBrand and Maison DixSept follow Perfect Moment’s recently announced North America sales agency partnership with CD Network.
Crunch Franchisee to Open Newest Location in Gainesville, GA
Crunch Gainesville, GA, a 40,158-square-foot fitness facility, will open in late Spring/early Summer 2025, and be among the first clubs with the company’s updated 3.0 design.
