SGB Update Sports & Fitness
Life Time Opens First Ground-Up Pickleball Facility in Minnesota
Life Time Chanhassen Pickleball opened on April 8 adjacent to the Life Time Chanhassen, MN, athletic country club and the company’s headquarters.
Crunch Franchise Set to Open in Hagerstown, MD
Crunch Hagerstown, will occupy 32,000-square-feet in Hagerstown, MD, in a former Bed Bath and Beyond at 17716 Garland Groh Boulevard.
KPS Capital Partners to Acquire Sport Group
Sport Group designs, manufactures and installes artificial surfaces serving the global sports flooring, leisure, landscaping, and industrial markets in over 70 countries. Its brand portfolio includes AstroTurf, Polytan, SYNLawn, LigaTurf, Poligras, Rekortan, and Laykold.
Stromer Launches Online Shop in the Netherlands
Stromer set itself the goal of offering customers a mobile solution with its Speed Pedelecs. With an online shop, the brand is working with its dealer network to offer customers the added option of an uncomplicated consumer experience.
Pickleball Kingdom to Open in Hendersonville, TN
Pickleball Kingdom plans to open a second Tennessee location in Hendersonville, run by local franchisees Steven and Jaclyn Kilbas.
Dynamic Brands Hires Sales Director of Green Grass Accounts
Jason Bonenberger rejoined the company as sales director of green grass accounts. He rounds out the sales leadership team, joining Perry Hilbert, sales director of strategic accounts.
Golfzon Range by Leadbetter Opens in Westbury, NY
The facility will host a grand opening on April 17. Westbury joins the first Golfzon Range, operating in Little Ferry, NJ, since 2022.
Tommie Copper Acquires Profoot Footcare Device Division
This strategic carve-out acquisition is expected to integrate Profoot’s innovative device portfolio and technology into Tommie Copper’s pain management offerings, continuing its focus on pain relief solutions for foot pain.
Celsius Holdings Adds Sales and Distribution Partner for France
The maker of energy drink brand Celsius, plans to expand its sales and distribution to France beginning in the fourth quarter of 2024.
Perfect Game Announces Investor Group
Perfect Game, the youth and high school diamond sports platform, announced its investor group, which is made up, in part, of 21 former and active MLB players.
Pickleball Kingdom Expands Into Idaho
Pickleball Kingdom’s expansion into Idaho marks a significant milestone in the company’s growth strategy.
TruFit Athletic Clubs Expands Team with Key Executive Hires
The fitness club owner appointed Chip Pelaskey as the VP of sales and Brea Ballard as VP of marketing. Both Pelaskey and Ballard stepped into their roles at the close of 2023.
Riddell Acquires Product Design and Development Partner
The company has acquired longtime partner Simbex, the health research and product design and development company headquartered in Lebanon, NH, to elevate its position in sports technology.
Riddell Receives Strategic Investment to Fuel Growth
The influx of capital will fuel advancements in protective sports equipment and performance technologies.
Consumer Confidence Index Flat in March, but Outlook Index May Signal Trouble Ahead
The Consumer Confidence Index was 104.7 in March, essentially unchanged from February. But the Expectations Index, based on consumers’ short-term outlook for income, business and labor market conditions, fell to 73.8, which is in recession territory.