Columbia Sportswear Company hired Tom Gyles as SVP, global distribution network. He formerly worked for PVH and Gap, Inc.
Month: August 2023
Westcliff University Partners with Nike/BSN Sports
Westcliff University, based in Irvine, CA, entered into a five-year partnership with Nike through BSN Sports.

Aerosoles, White Mountain Parent Acquires Hatch Collective
American Exchange Group, the parent of the Aerosoles and White Mountain footwear brands, moved into the beauty space by acquiring HatchCollective, the manufacturer of beauty and personal care brands.
Iron Valley Supply Hires New Account Manager
The company hired Travis Czukoski as an account manager. He recently graduated from West Chester University in May 2023 with a dual major in Finance and Economics.

Ben Sherman Inks License Agreement with BSI Apparel
Ben Sherman announced a new licensing agreement with U.K.-based BSI Apparel Limited, a subsidiary of Broadgate1960, the parent company of Crew Clothing Company, Saltrock Surfwear and Pringle of Scotland.

EXEC: Vipshop Sees Q2 Earnings Jump as Key Site Metrics Point Higher
The online discount retailer for brands in China, including many U.S. active lifestyle brands, reported total net revenues for Q2 increased 13.6 percent year-over-year to RMB27.9 billion (US$3.8 billion).
Study Names Top Product Placement Brands in Movies and TV
Nike, Adidas, Ray-Ban, Converse and Under Armour ranked as the top-five clothing and accessories brands featured as product placement in films, according to a recent study from U.K.-based Merchant Marine.

Dick’s SG Opens Nine New House of Sports Locations
Dick’s Sporting Goods continues to expand the House of Sport brand and format with nine new locations celebrating grand openings in July and August.
Report: Adidas Exploring Bata India Partnership
Footwear manufacturer Bata India is negotiating with Adidas for a strategic partnership for the Indian market, according to a report from CNBC-TV18, with the talks likely to advance.

EXEC: Super Retail Group Posts Solid Year But H2 Trends Cut Into H1 Gains
Sales for fiscal 2023 rose 7 percent to A$3.80 billion. Adjusted for the 53rd week in fiscal 2022, sales were up 9 percent for the year. Comp-store sales were up 8 percent for the 12-month period ended June 30.

Adidas Renews License With Coty For Active Skin and Mind Range
Coty, Inc. renewed its long-term license agreement with Adidas for its Active Skin and Mind range—a collection of deodorants and shower products in sustainable, packaged sustainably, designed to increase skin hydration for athletes to achieve optimal performance and recovery.
The Buckle’s Q2 Profits Slide 9 Percent
Profits at The Buckle, Inc. fell 9 percent in the second quarter ended July 29 as sales sagged 3.2 percent.
Peloton Interactive Launches B2B Platform; Hires Senior VP/GM
Peloton Interactive launched Peloton for Business, housing all of the company’s B2B offerings. In tandem with the service, Greg Hybl was hired as senior vice president and general manager of Peloton for Business.

Report: More Consumers Plan Camping Trip for Labor Day Weekend
The Kampgrounds of America, Inc. (KOA) Monthly Research Report, August 2023 Edition, finds that more campers intend to camp over Labor Day than compared to 2022, with roughly three-fourths of campers have already made plans for the holiday weekend.

EXEC: Footwear Manufacturer Bucks Negative Athletic Trends in H1
Stella International reported that a larger contribution from new customers in the athleisure, luxury and high-end fashion categories helped boost H1 gross margins and operating profit.