SGB Update Sports & Fitness
Hibbett Sports to be Acquired by Finish Line, DTLR Parent
Mike Longo will continue as Hibbett’s President and CEO, and Jared Briskin will take on the role of Hibbett COO. Hibbett will maintain HQ in Birmingham, AL.
Pvolve Fitness Signs Largest Franchise Deal
The agreement, announced on April 18, is for five studio locations across Houston, the first of which is planned for River Oaks towards the end 2024.
Elevate Textiles Names CEO and Board Director
A global textile solutions company, announced that Jeffrey P. Pritchett will join the company as CEO and Member of the Board of Directors on April 23.
Anta Opens AntaZero, a Carbon-Neutral Retail Store
Anta Group Executive Director and Co-CEO Lai Shixian and Anta Brand CEO Tsui Yeung opened the AntaZero store, advancing sustainable retail practices in China’s apparel and footwear industry.
Connexa Sports to Divest Slinger Bag; Change Focus to Love and Matchmaking
As part of this deal structure in acquiring Yuanyu Enterprise Management, there will be a change-in-control of Connexa following the appointment of a new board of directors, subsequent to which Slinger Bag will be divested to a newly established entity.
Life Time Opens Second Athletic Country Club in Brooklyn, NY
Continues its expansion across New York, opening Life Time Atlantic Avenue in Brooklyn, NY.
Pickleball Kingdom Signs Multi-Location Deal in Utah
Led by John Peterson and Kaleb Scholes, Pickleball Kingdom expanded into Utah.
Callaway Appoints New Managing Director for EMEA Region
Ben Sharpe will act as managing director and president for the EMEA region, effective May 1, succeeding Neil Howie, who retires at the end of 2024 after 26 years with the company.
Nordstrom Family Members Look to Take Namesakes Retailer Private Again
The company’s CEO, Erik Nordstrom, and president, Pete Nordstrom, notified the Board of their interest in pursuing a potential transaction pursuant to which Nordstrom would become a private company.
The Picklr to Open New Club in Indianapolis
Six new Picklr locations are planned for central Indiana, with Drew Brees and his partners helping to open 30 new Picklr franchise locations to Indiana, Ohio and Michigan over the next three years.
Topgolf Opens New Three-Story Venue East of Los Angeles
The three-story Topgolf venue anchors the redesigned Montebello Golf Course that the City of Montebello recently transformed into two courses, each with nine-hole layouts.
NRF Promotes Adam Lukoskie to Senior VP
The National Retail Federation promoted Adam Lukoskie, executive director of the NRF Foundation, to also serve as senior vice president of NRF.
Goodyear Taps Into Look & Corima USA Network for U.S. Bike Tire Distribution
Look & Corima USA signed a new U.S. partnership agreement with Goodyear Bicycle Tires to distribute tires and related products in the United States.
Fanatics Inks Retail and Merchandise Partnership with Laver Cup
Fanatics will create and manufacture merchandise for the Laver Cup, working closely with event organizers, which will be sold during the seventh edition of the Laver Cup played in Berlin, Germany, from September 20-22.
Robert E. Griffin, Former CEO and Chair of Escalade, Inc. Passes Away
During Griffin’s steady and visionary leadership, the company grew its sporting goods business from sales of $800,000 in 1962 to sales of $155,000,000 in 2015,
