SGB Update Sports & Fitness

Fitness International Acquires XSport Fitness

The operator of LA Fitness, Esporta Fitness, City Sports Club, and Club Studio brands, announced its acquisition of XSport Fitness, expanding its offerings in Chicago, New York and Virginia markets.

Motocaddy Expands U.S. Sales Team with New Hires

Motocaddy, the electric caddy brand, launched its North American operation in 2020 to offer U.S.-based sales, service and distribution for its electric caddies. The company recently expanded its U.S. sales team with five new hires.

Deloitte Sees BTS Spending Flattening Amid Financial Concerns

Ongoing perceptions of inflation and a cost-of-living squeeze will keep spending steady from last year as K-12 parents weigh prices and priorities in preparation for the new school year as they budget for necessities and make room for a few indulgences.

Rally House Opens in Lakewood, CO

The Lakewood location is the company’s third storefront in the state after opening Rally House Outlets at Castle Rock and Rally House Alcove on Arapahoe at the beginning of June.

Gymshark Opens Second UK Store, Eyes U.S. Expansion

Gymshark Stratford, Westfield store, follows the successful opening of its debut flagship, which opened on London’s Regent Street in 2022. Founder and chief executive, Ben Francis, has his site’s set on U.S. growth with plans to open a New York City pop-up in the next 12 to 18 months.

Summit Golf Brands Promotes Jack Lessing to President

The manufacturer of high-end golf apparel and sportswear, promoted Jack Lessing to company president, overseeing all revenue channels for each of the company’s brands, including B. Draddy, Zero, Restriction, Zero Restriction, Fairway & Greene, and EP New York, and the functional areas of the business that support them. Lessing has been with the company for the past 11 years.