SGB Update Sports & Fitness

Target Increases Quarterly Dividend

Target Corp. declared a quarterly dividend of $1.14 per common share, a 1.8 percent increase from the prior quarterly dividend of $1.12.

Fanatics Partners with Inter Milan

Under the partnership, Fanatics will provide Inter Milan with exclusive collections, locally relevant designs, an expanded product range, an online and in-store experience, and improved product availability.

Nike Appoints Director, Waste & Circularity

Alice Hartley was previously director of circularity at Under Armour after spending 11 years at Gap, Inc. as director of Product Sustainability and Circularity.
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Puttshack to Open Second Location in Illinois

The 30,000-square-foot space will offer a tech-infused mini golf experience, set in a former Lord & Taylor, in Skokie, IL, as part of Westfield Old Orchard’s ongoing redevelopment.

Crunch Fitness Franchise to Open Club In Fresno

Crunch Fitness announced the planned opening of Crunch North Fresno in California. The 40,000-square-foot gym, owned and operated by franchisee Fitness Venture, LLC, is set to open this winter.

Newton Golf Company Appoints CFO

Newton Golf Company hired Jeff Clayborne as chief financial officer, effective immediately. Most recently, he served as chief financial officer of Perfect Moment, a performance apparel brand.

Pickleball Kingdom to Open Club In Austell, GA

The Austell club, spanning approximately 25,000 square feet, will feature 10 professional-grade indoor courts, with a target opening of winter 2025. Nithi and Usha Anand, franchisees of Pickleball Kingdom, will manage the club.

NFIB: Small Business Optimism Rises For First Time This Year

A gauge of sentiment among small businesses, rose to 98.8 in May from 95.8 in April, bringing the Index back above its long-term average, represented by a reading of 98. The increase ends a four-month streak of weakening sentiment.

Arcis Golf Acquires Three Atlanta Area Golf Clubs

The deal to acquire Country Club of the South, Johns Creek, GA; The Manor Golf & Country Club, Alpharetta, GA; and White Columns Country Club, Milton, GA, from the prior owner Invited closed on June 10.

Equinox Appoints Chief Marketing Officer & Chief Digital Officer

BinduShah is responsible for leading the development and execution of the brand’s marketing and digital strategy, with a focus on deepening brand awareness and driving member acquisition and retention through the company’s integrated experiences.