SGB Update Sports & Fitness
Report: Golf Equipment Specialty Retail Sales Inch Up in First Quarter
Golf Datatech reported that U.S. market sales for On- and off-course specialty golf equipment grew 1.5 percent in March, pushing the first quarter sales growth up 1.4 percent.
Foot Locker to Debut New Global Store Concept
As FL continues progressing against its Lace Up Plan, the retail experience delivers on the promise to “power up its portfolio while providing an omni-focused customer experience.”
Amped Fitness to Open Club in Tallahassee
The 24/7 fitness facility offers 35,000 square feet following an extensive renovation to align with the brand’s design.
Studio Pilates International To Open 100th Studio
The company, founded in 2002, is continuing its global expansion efforts, opening a seventh studio in the U.S. in Chanhassen, MN, on April 27. This is the company’s 100th worldwide.
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.
