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April 13, 2022


Peloton 5% Shareholder Says Transform or Sell

The foundering darling of 2020’s at-home fitness boom is facing pressure from activist investor Blackwells Capital LLC to transform into an asset-light, software-based company and sell to a major Big Tech or multi-media player, or Nike.

South African Sportswear Retailer Acquired

Studio 88 Group, which is a major retailer of sneakers and apparel from Nike, Adidas, Vans and many other sportswear brands in South Africa, has been acquired by regional retail giant, Mr Price.

New Balance Opens “The Track”

The new multi-sport facility includes an indoor track, sports research lab, warming areas, music venue and a beer hall, bringing together Team New Balance, professional and community athletes to train and compete year-round.

Club Champion Adds Australian Club Fitter

After recent acquisitions in Canada and the U.K., custom club fitter Club Champion has headed down under, with its acquisition of Australian club fitter PureForm Golf.

Etcetera: Thule, Golftec, SquadLocker, TALO Distributors

 
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