SGB Update Sports & Fitness

North Castle Partners Invests In CR Fitness

North Castle Partners announced its new strategic partnership with CR Fitness, a leading franchisee group in the Crunch Fitness network in the Southeastern United States.

Under Armour Partners With North Florida

The University of North Florida, based in Jacksonville, FL and UNF Athletics have entered into a new partnership agreement with Under Armour Inc.

Sergio Tacchini Announces New Ownership

Sergio Tacchini, the sportswear brand founded in 1966 by Italian tennis player Sergio Tacchini, announced new ownership of its brand assets led by entrepreneur Stefano Maroni, Twin Lakes Capital LLC and B. Riley Principal Investments LLC, a subsidiary of B. Riley Financial Inc.

Wahoo Acquires The Sufferfest

Wahoo, a leader in connected fitness devices, announced its intention to acquire The Sufferfest, the training platform for cyclists, triathletes and other endurance athletes.

OBIT: Athletic Footwear Pioneer Jerry Turner

Jerry Turner, who dramatically transformed the athletic business during his 60-year career, died on Tuesday in Los Angeles, at the age of 84. He led Brooks in the ’60s and ’70s; founded American Sporting Goods, and is credited with inventing the stability running shoe category and bringing EVA to running midsoles.

2019 Boston Marathon Sets All-Time Fundraising Record

Boston Marathon participants who ran on behalf of 297 non-profit organizations raised a record $38.7 million for charity through this year’s race. The fundraising total represents an approximate 6-percent increase, or $2 million, over 2018 results.

Varsity Spirit Announces Multiyear Partnership With Memphis Grizzlies

Varsity Spirit, the leader in cheer and dance camps, competitions and apparel, announced a multiyear partnership agreement with the Memphis Grizzlies, the city’s NBA franchise. The company will become an Official Partner of the Memphis Grizzlies, as well as the Official Outfitter of the Grizzlies Dance Team, the Grizz Girls.

Amp Human Secures Lead Investment From Next Ventūres

Amp Human, the company behind PR Lotion, received a major investment from Next Ventūres, a venture capital firm c-founded by Lance Armstrong, that focuses on opportunities in the sports, fitness, nutrition and wellness markets.

Puma Reinforces PR Team For Europe

Puma has reinforced its European PR team by appointing Gudrun Cämmerer as senior manager PR Europe. She previously worked for Safilo Group.

Life Fitness Names Chris Clawson New CEO

Life Fitness announced the appointment of Chris Clawson as CEO. Clawson served as President of Life Fitness from 2010 to 2016 and most recently was Chairman of the Sports and Fitness Industry Association. He succeeds Jason Worthy, effective immediately.