SGB Update Sports & Fitness

Surftech Taps Industry Veteran Andy Barnett for General Manager Role
Barnett brings over 10 years of experience from his previous roles at Lost Surfboards, where he initially served as CFO before transitioning to general manager.

Salomon Appoints Nike Vet as Global Brand Creative Director
As Global Creative Director at Salomon, At the core of all Align product is its insole technologyacross all consumer touchpoints, platforms, channels, and regions.

Summit Golf Brands Honors Salesperson of the Year
Paige Golibart operates out of The Bungalow, SGB’s showroom in Jupiter, FL. She represents three of the company’s apparel brands on Florida’s East Coast — B. Draddy, Zero Restriction and Fairway & Greene.

U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
The Present Situation Index, based on consumers’ assessment of current business and labor market conditions, decreased 3.6 points to 134.5, a solid score, but the Expectations Index, measuring a six-month outlook, fell to 65.2, the lowest level in 12 years.

Pvolve Continues Nationwide Expansion With 10 New Franchise Studios
The fitness company that pairs functional movement with resistance equipment, has signed 10 new lease agreements with franchisees in seven major U.S. markets, including Arizona, Florida, Georgia, Maryland, Tennessee, and Texas.

Macy’s Names Senior VP & General Merchandising Manager, Men’s and Kids’
Daniel Leppo most recently served as Bloomingdale’s senior vice president and general merchandising manager, overseeing Cosmetics, Menswear, Children’s, and Home. Leppo started his career at Bloomingdale’s as an intern and was part of the executive training program.

Crunch Fitness Franchise Opens Crunch Facility in San Jose
Winchester Fitness, LLC, a franchisee of Crunch Fitness, announced the opening of Crunch Winchester in San Jose, CA. The 22,000-square-foot facility opened its doors officially on March 16.

Monumental Appoints EVP, Chief Strategic and Corporate Comms Officer
AJ Jones, II joins MSE’s senior leadership team overseeing corporate, investor, and ownership communications with its external, internal, and partner stakeholders.

Good Good Golf Secures $45M Funding with Participation from Peyton Manning
The golf, media and lifestyle brand, secured the funding round led by Creator Sports Capital, with participation from Peyton Manning’s Omaha Productions, Manhattan West Private Equity and Sunflower Bank.

KMD Brands Appoints Nike Vet Ashley Reade as Rip Curl CEO
Ashley Reade will join the Australian surf brand in the coming months from Nike, where he is currently the vice president and general manager of Nike Pacific, responsible for growing the region to an AU$1 billion business.

Recall: Segway Kick Scooters
Segway has received 68 reports of folding mechanism failures, including 20 injuries, including abrasions, bruises, lacerations, and broken bones.

Snipes Names Under Armour Vet as New Chief Marketing Officer, U.S.
The global street culture brand reported that Kelley Walton will lead the marketing organization in the U.S. to include all budget and marketing functions aligned with the company’s long-term vision

Authentic Brands Group Appoints Former Disney Exec as EVP, Head of India
Sanjeet Mehta will oversee the company’s strategy in India, focusing on expanding brand presence, forging strategic partnerships and driving revenue growth, working with Henry Stupp, regional president of the EMEIA.

Lids Opens Lids HD Store in LA’s Cerritos Mall
Lids’ HD store concept caters to headwear enthusiasts and consumers who are starting to build their collections by leaning toward exclusive and limited-edition hat drops.

Academy Sports & Outdoors Beats on Q4 Bottom Line; Looks Ahead to Jordan Launch
The company expects the first quarter to be the most challenging from a sales and earnings per share prospective as they plan to open five stores and transition to the new Jordan floor set but see the back half of the year to be stronger than the first half.