SGB Update Sports & Fitness

Fitness Connection Expands Reach, Opens Gym in Georgia
Fitness Connection Morrow is the company’s its 47th gym nationwide and the second club in Georgia.

Selkirk Sport Adds New Leadership Amid Pickleball Surge
They include Jason Dunlap as CFO, Doug Thielen as chief marketing officer, Anthony Saraceni, creative director, and Ali Carlile, as head of soft goods.

Study: Gen-Z Lags Other Demos When Assessing Link Between Exercise and State of Mind
The Asics Corpration study of over 26,000 global respondents found that the more people exercise, the higher their State of Mind scores. Gen Z had the lowest scores, with an average of 62/100 compared to the Baby Boomers’ 68/100 and the Silent Generation’s 70/100.

PickUp USA Fitness Expands In Tampa Bay, FL
Growing basketball gym franchise for adult and youth “hoopers,” adds two locations on the Gulf Coast.

EXEC: 361 Degrees Posts Strong Double-Digit Q1 Retail Sales Growth
Retail sales performance of the 361° core branded product in offline channels posted high-teens growth compared to the year-ago comparative period, while sales generated via the 361° e-commerce platform increased approximately 20 percent to 25 percent in Q1.

Carbitex Strengthens Global Team With New Hires
Filippo Sartor was hired as VP of global sales and Sam Gardner as VP of engineering and operations to better serve strategic brand partners, achieve forecasted growth in the short and long term and expand global market presence.

Unrivaled Sports Acquires YTH Sports
With the acquisition of YTH Sports, Unrivaled Sports reported that “it expects to welcome nearly 600,000 athletes and 1.2 million attendees in 2024 through its 13 owned and operated properties.

Gymguyz Expands Nationwide across 39 New Cities
This includes openings in Newport Beach, CA; Cape Coral and Bonita Springs, FL; Main Line, PA; Knoxville, TN; and San Antonio, TX.

Macy’s Inc. Appoints Two New Board Members as Acquisition Talks Move Forward
Investor Arkhouse Management nominees Ric Clark and Rick Markee have been appointed to the Macy’s Inc. Board of Directors, heading off a broader proxy fight, while Macy’s and Arkhouse move forward with buy-out talks.

Fitness Ventures LLC Upgrades Crunch Fitness Locations in Louisville KY
Crunch Fitness franchisee Fitness Ventures, LLC has completed extensive renovations and expansions at its Dixie and Middletown locations in Louisville, KY

HanesBrands Inc. Extends Mass Channel Apparel Partnership with Duke
The partnership renews HanesBrands’ exclusive rights to sell Duke’s fanwear in the mass retail channel for another five years.

The Curling Group Acquires Grand Slam of Curling from Sportsnet
New ownership group backed by elite international curlers to invest in growing the sport.

Huffy Looks to Expand Global Footprint with New Licensing Agent
Huffy is expanding into new product categories domestically and in key international territories in partnership with Earthbound, a product design, licensing and brand growth company.

NRF: Despite Baltimore Port Shutdown, Import Cargo Expected to Hit 2M Containers
The Baltimore bridge accident will likely shift container imports and exports to New York/New Jersey, Virginia and other surrounding ports until a shipping channel is cleared, perhaps as soon as within a couple of months.

Garmin Ltd. Transitions General Counsel Role as Andrew Etkind Retires
The company’s Associate General Counsel and Assistant Secretary Josh Maxfield will assume the role of VP, general counsel and assistant secretary. Etkind will continue to serve as vice president and secretary for Garmin Ltd.