SGB Update Sports & Fitness

Sequential Brands Appoints CEO
Karen Murray, who previously oversaw Nautica and Kipling for VF Corp., replaces Yehuda Shmidman, who is stepping down.

Acushnet Sees 3 Percent Q4 Sales Gain
The parent of Titleist and FootJoy reported fourth quarter net sales of $329.8 million, up 3 percent year over year, or 1.3 percent in currency-neutral basis.

Puma Partners With Foot Locker On WWE-Collection
For its first WWE product drop, Foot Locker will release a collection of Puma product designed by Alexander-John, featuring exclusive art of six WWE Legends

Nike’s Q3 Results Race Past Wall Street Targets
Nike Inc. reported earnings rose 20.1 percent in its third quarter ended February 28, easily exceeding Wall Street’s targets. Earnings were particularly helped by lower spending. Double-digit growth on a currency-neutral basis in Western Europe, Greater China and the Emerging Markets helped make up for a more-modest 3 percent growth in North America.
Under Armour Assists Local P.E. Programs
UA is providing financial assistance in the form of PHIT America GO! Grants to two schools in Baltimore and two schools in Washington, D.C. to jump-start their P.E. programs.
Buff Names U.S. Director Of Sales
Kristin Moynihan has held positions with firms including Eddie Bauer, Starbucks, Unionbay and Coal Headwear.

2017 Boston Marathon Street Banners Unveiled
In a departure from the photographic style of recent Boston Marathon banners, this year’s are illustrated, giving a nod to legacy banners from years ago.
Nike Content Manager Joins Flywheel
Flywheel Sports Inc., the indoor cycling studio, appointed Geralyn Coopersmith, most recently Nike’s global director of performance and fitness training, as chief content officer.
MC Sports Retains Firm To Sell Leases
A&G Realty Partners will handle the sale of 58 MC Sports leases in seven states across the Midwest following the retailer’s Chapter 11 bankruptcy filing.

Adidas To Sign Ohio University
Adidas has reportedly reached an agreement to replace Russell Athletic as the uniform supplier for Ohio University.
3N2 Sponsors National Youth Baseball Championships
3N2, an Orlando-based designer and manufacturer of high performance athletic footwear and apparel, has reached sponsorship agreement with the National Youth Baseball Championships (NYBC) and Florida Collegiate Summer League.

The North Face Appoints General Manager, Americas
During his six-plus years at The North Face EMEA, Arens built a successful track record leading The North Face EMEA business where he oversaw sales, marketing, merchandising, product development and direct-to-consumer.

Fleet Feet’s Jeff Phillips Exits
Jeff Phillips has stepped down as president and CEO of Fleet Feet Sports. In a statement, Joey Pointer, CFO of Fleet Feet Sports, said he will be partnering with the Fleet Feet Sports board of directors “to lead the company through this change.”
VF Corp. Recognized For Ethics
VF Corp. has been recognized as a 2017 World’s Most Ethical Company by the Ethisphere Institute.

Topgolf Teams Up With PGA Tour And LPGA
On March 19, junior golfers from The First Tee and LPGA-USGA Girls Golf received an afternoon of free game play, golf instruction, food and beverage at select Topgolf locations.