SGB Update Sports & Fitness

Report: Global Sports Nutrition Gets Boost From Nonathletes

The global sports nutrition market has ballooned in recent years, according to a report from Research and Markets, which credits the growth to non-athlete consumers purchasing products earlier intended for athletes and body builders.

Topgolf Grips Lamkin Partnership

Topgolf inked a partnership with Lamkin Corporation, manufacturer of premium golf grips, to be featured on men’s, ladies’ and junior clubs at each Topgolf venue.

Spartan Race Sells Stake to Hearst Ventures

Spartan Race, Inc. sold minority stake to Hearst Ventures, marking a significant foray into the live event space for Hearst, whose investments include Pandora and Buzzfeed.

Planet Fitness Opens in Owosso, MI

Planet Fitness, the health club franchise known for its “Judgement Free Zone,” will open a new club in Owosso, MI, by the end of July.

Lululemon Lifts Sales by 17 Percent in Q1

Lululemon Athletica Inc. upped its revenue outlook for 2016 as first-quarter sales came in stronger than expected. Earnings came in line with its guidance but narrowly missed Wall Street’s target.

Speedo Launches Missy Franklin Collection

Speedo USA, a division of PVH Corp., introduced the “Missy Franklin Signature Series” of performance suits for women and girls, designed in collaboration with the five-time Olympic medalist.