Sequential Brands Group announces the appointment of Karen Murray as CEO

Sequential Brands Group announces the appointment of Karen Murray as CEO

 

NEW YORK, 2017-Mar-24 — /EPR Retail News/ — Sequential Brands Group, Inc. (Nasdaq:SQBG) (the “Company”) today (March 22, 2017) announced that Karen Murray has been appointed Chief Executive Officer of the Company.  Ms. Murray has also been appointed to serve as a Director of the Company.  A strong operator who has a depth of management and industry experience, she was most recently President of VF Sportswear, a wholly owned subsidiary of VF Corporation, one of the world’s largest apparel makers. Ms. Murray is replacing Yehuda Shmidman, who is stepping down from his position at the Company and as a member of the Board of Directors.

William Sweedler, Chairman of the Board said, “Karen Murray has outstanding leadership skills and industry experience and she has demonstrated her ability to activate and grow successful brands. We are excited to have an executive of Karen’s caliber join and lead our team at Sequential to grow with us.  I have admired her and watched her thrive in her career, and I am pleased that we will be able to work together.”

“I’m excited to join Sequential Brands Group, a company with powerful brands, world-class licensing and retail partners, and a talented team,” said Ms. Murray. “After 30 years of experience managing consumer brands in both licensing and operating businesses, I’m thrilled to join a company with such strong growth prospects, and I look forward to working with the team.

Prior to joining Sequential, Ms. Murray was the President of VF Sportswear, where she oversaw the $1.2 billion global brand, Nautica, as well as Kipling. She joined VF Sportswear, in 2007 as President of its Nautica Men’s Sportswear and Nautica Jeans Company businesses and the following year, she was appointed President of VF Sportswear. Ms. Murray began her career at Gant, where she remained for nine years before transitioning to Liz Claiborne. She assumed many different roles throughout her tenure at Claiborne, including President from 1998 to 2007.

“On behalf of the Board, I want to thank Yehuda for his service and the contributions he has made during his tenure with the Company,” continued Sweedler. “We wish him the best in his future endeavors.”

About Sequential Brands Group, Inc.
Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the fashion, active and home categories.  Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design and marketing teams.  Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers and distributors in the United States and around the world.  For more information, please visit Sequential’s website at: www.sequentialbrandsgroup.com.  To inquire about licensing opportunities, please email: newbusiness@sbg-ny.com.

Media Contact:
Magrino
Leigh Ann Ambrosi/ Mary Blanton Ogushwitz
T: 212-672-0353/212-259-0534
E:  lambrosi@smapr.com / mary.blanton@smapr.com

Investor Contact:
Sequential Brands Group, Inc.
Katherine Nash
T:  512-757-2566
E:  knash@sbg-ny.com

Source: Sequential Brands Group, Inc./globenewswire

Sequential Brands Group partners with SPR Sports to bring its active brands to Brazil

NEW YORK, 2017-Mar-09 — /EPR Retail News/ — Sequential Brands Group, Inc. (Nasdaq:SQBG) (“Sequential” or the “Company”) announced today (March 08, 2017) that it has entered into a long-term license agreement with SPR Indústria de Confecção Ltda. (“SPR Sports”), a leading sports manufacturer and distributor to bring its basketball brand AND1, active lifestyle brand AVIA, and skate brand DVS to Brazil.

Under the new agreement, SPR Sports will manufacture and distribute a collection of active apparel, footwear and accessories for the AND1, AVIA and DVS brands. The new collections will first be introduced in late 2017 through Netshoes, one of the largest e-commerce retailers in Brazil, followed by a rollout to sporting goods stores beginning in early 2018.

“Entering the Brazilian market is another strategic step toward reaching our international expansion goals and driving continued growth for our brands throughout the world,” said Sequential CEO Yehuda Shmidman. “We see great opportunity in working with SPR Sports to bring our active brands to a region where a passion for sports and an active lifestyle is a major part of everyday life.”

AND1 is a premier basketball footwear and apparel brand that has remained synonymous with the game of basketball and its streetball lifestyle for nearly 25 years. AND1’s footwear, apparel and accessories can be found at select retailers around the world.

AVIA came to prominence thanks to its revolutionary cantilever technology, which remains the bedrock on which performance shoes are made. Today, AVIA continues to lead the active lifestyle movement with pioneering technology and stylish design for athletic footwear, activewear, and accessories.

DVS is a global skate brand dedicated to inspiring youth to have fun and always push forward. Known for its 20+ year history in action sports, DVS creates premium footwear, apparel and accessories for all sports including skateboarding, surfing, snowboarding and motorsport.

About Sequential Brands Group, Inc.
Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the home, fashion, active categories, which includes the AND1®, AVIA® and DVS® brands. Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers and distributors in the United States and around the world. For more information, please visit Sequential’s website at: www.sequentialbrandsgroup.com. To inquire about licensing opportunities, please email: newbusiness@sbg-ny.com.

About SPR Indústria de Confecção Ltda. (“SPR Sports”)
SPR Indústria de Confecção Ltda., is a multi-faceted Brazilian company focused on the sports market. In addition to working with major brands such as Kappa and the NBA, the company also manages the licensing of apparel products for the largest soccer clubs in Brazil including Sport Club Corinthians, Vasco da Gama, Cruzeiro, Botafogo, Vitoria, Bahia, Sport Recife, and Atletico Paranaense. SPR Franchises Ltda., a division of the company, is the largest franchisor of soccer team stores, with more than 150 franchised stores. For more information, visit: http://www.sprsports.com.br.

Media Contact:

Sequential Brands Group, Inc.
Jaime Cassavechia
+1 212-518-4771 x108
jcassavechia@sbg-ny.com

Source: Sequential Brands Group, Inc./globenewswire

Sequential Brands Group top bring Martha Stewart Living brand of home products to Korea

NEW YORK, 2016-Sep-28 — /EPR Retail News/ — Sequential Brands Group, Inc. (Nasdaq:SQBG) (“Sequential” or the “Company”) announced today (Sept. 27, 2016) that it has entered into a long-term agreement with Fang Brothers Group’s FB Living to bring the Martha Stewart Living brand of home products to Korea.

The first line of Martha Stewart Living bedding, bath and seasonal housewares will launch in Spring 2017 with bedding, bath towels and decorative pillows.  Kitchen cookware, dinnerware and storage are planned for Fall 2017.

Katherine Fang, CEO of FB Living said, “We are thrilled to partner with Martha Stewart to bring her beautiful line of Martha Stewart Living home products to the Korean market. There is no one else who has had such an influence on the way Americans think about their homes than Martha Stewart and we’re honored to be the team to introduce her brand, which is known for exceptional quality and style.”

Inspired by Martha’s personal collections and her Martha Stewart Living magazine, the new product offering in Korea will feature both classic looks and fun, modern designs, so customers can create homes that reflect their unique styles at an affordable price.

“Entering the rapidly emerging home furnishing market in Korea is another important and exciting step in our global growth strategy to expand the Martha Stewart brand in Asia,” said Sequential Brands Group CEO Yehuda Shmidman.

About Martha Stewart
Martha Stewart is an Emmy Award-winning television show host, entrepreneur, bestselling author of 87 books, and America’s most trusted lifestyle expert and teacher. Millions of people rely on Martha Stewart as a source of useful “how-to” information for all aspects of everyday living – cooking, entertaining, gardening, home renovating, collecting, organizing, crafting, holidays, healthy living and pets. The Martha Stewart brand reaches approximately 100 million consumers across all media and merchandising platforms each month. Her branded products can be found in over 70 million households and have a growing retail presence in thousands of locations.

About Sequential Brands Group, Inc.
Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the fashion, active, and home categories, which includes the Martha Stewart media and merchandising properties. Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers and distributors in the United States and around the world. For more information, please visit Sequential’s website at: www.sequentialbrandsgroup.com. To inquire about licensing opportunities, please email: newbusiness@sbg-ny.com.

About FB Living Limited
FB Living is a member of the Fang Brothers Group. Fang Brothers Group was founded as a textile company in Hong Kong in the 1950s. The group has since expanded into related areas including manufacturing and retailing, making it a vertically integrated organization with a strong focus in the apparel, fashion and lifestyle industries. It has a network of offices and stores located in key cities across all continents including New York, London, Milan, Paris, Hong Kong, Shanghai, Tokyo, Seoul, etc. With further expansions and collaborations into both existing and new sectors, Fang Brothers Group is today a diversified group of companies engaged in the consumer, property development, electronic components, auto parts, and energy storage businesses with operations throughout different parts of the world.

Media Contacts:
Sequential Brands Group, Inc.
Jaime Cassavechia
+1 212-518-4771 x108
jcassavechia@sbg-ny.com

FB Living Limited
Candice Lau
+852 2401-6408
Candicelau@fbliving.com

Source: Sequential Brands Group, Inc./globenewswire