SGB Update Sports & Fitness

Early Rider Appoints U.S. PR Pro as President

The UK-based company said that James Beechinor-Collins aims to accelerate Early Rider’s U.S. growth, develop new markets for Velio and expand partnerships with retailers and marketplaces in his new role.

Imperial Hires Director of Marketing

Jerry Biag fills the newly-created role as director of marketing. He joins Imperial with over 20 years of sales and marketing experience.

DHS Outlines Enforcement Actions to Support U.S. Textile Jobs

The Department of Homeland Security outlined an enhanced strategy to combat illicit trade and level the playing field for the U.S. textile industry, which accounts for over 500,000 U.S. jobs and is deemed critical to U.S. national security.

The Beachbody Company Amends Term Loan

As part of the amendment, BODi is paying down $4 million in debt and reducing its outstanding balance to $25.5 million. The minimum liquidity covenant will be reduced by the same amount, from $22 million to $18 million.

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.

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.