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Category: Sports/Fitness

Acushnet’s Wally Uihlein To Retire
Wally Uihlein, president and chief executive officer of Acushnet Holdings, the parent of Titleist, plans to retire, effective January 1, 2018. David Maher, Acushnet’s current chief operating officer, will succeed him.

Aisle Talk, Week Of September 18
Top headlines from the active lifestyle industry you may have missed this week.

Consumer Direct Offense Gets Heavy Play At Nike’s Annual Meeting
At Nike’s 37th annual meeting held at its Beaverton headquarters, Nike officials discussed the company’s liberal leanings, its climate change actions and new NBA partnership. But most of the time was spent talking up its “Consumer Direct Offense” initiative.

Susquehanna Upgrades Hibbett Sports On Hurricane Benefits
Susquehanna Financial Group has upgraded its rating on Hibbett Sports as it expects its stores and recently-launched e-commerce site to benefit from footwear replacement needs caused by hurricanes Harvey and Irma.
Etonic Holdings Partners With Ray Cook Brands
Etonic has chosen Ray Cook Brands to manufacture and sell golf shoes, gloves, and other accessories under an exclusive worldwide license under the Etonic name.

Spartan To Bring Live Content To Facebook’s Watch Platform
The broadcasts will be produced with multiple cameras, drone coverage, graphic packages, audio commentary, replays and behind-the-scenes content.
STX Partners With Inside Lacrosse On Video Series
STX and Inside Lacrosse partnered together to launch “The Season,” a year-long video and multi-platform digital content series that will spotlight powerhouse NCAA Division I programs Duke, North Carolina, Ohio State and Syracuse in a scope and breadth completely new to the sport of lacrosse.
ICSC Forecasts Strong Consumer Spending This Holiday Season
The International Council of Shopping Centers (ICSC) forecasts a 3.8 percent year-over-year growth in retail sales for this holiday season.

Study: Youth Football Can Impact Brain Development
Participation in youth football by athletes under the age of 12 has more behavioral and cognitive problems later in life than those who started playing after they turned 12, according to new study from Boston University’s Chronic Traumatic Encephalopathy Center.
RYU Apparel Opens First Toronto Store
RYU Apparel Inc. officially opened its first Toronto retail location on Thursday, September 21.
Perry Ellis Appoints Non-Executive Chairman
Perry Ellis International announced that its Board of Directors has elected J. David Scheiner as non-executive chairman. Scheiner succeeds George Feldenkreis, following the termination of Feldenkreis’ position as executive chairman.
Implus Donates 60,000 Pairs Of Socks To Hurricane Harvey Victims
Implus is partnering with Academy Sports + Outdoors to donate 60,000 pairs of socks to aid the victims of Hurricane Harvey in Texas and the Gulf Coast.

Academy’s Challenges Continue In First Half
Moody’s downgraded the debt ratings of Academy Sports + Outdoors due to “difficult market conditions, including a highly promotional environment for athletic apparel and weak demand for firearms and ammunition,”

Fitbit Not Too Worried About Apple’s New Smartwatch
At the Deutsche Bank Technology Conference, William Zerella, Fitbit’s CFO, said that while the recent launch of the Apple Watch Series 3 caught some buzz, Fitbit’s first smartwatch, Ionic, is ready to compete in the space.