EXEC: New Nike Inc. CEO Lays Out Pain Points Ahead and Plans to Re-Focus on Sport
EXEC: Nike’s NA Q2 Footwear Down 14 Percent; Reduces Classics Share of Business
EXEC: Nike Inc. Q2 Reaction May Be More About the CEO’s Plan – Not Key Metrics
Study: Shoplifting Increased 93 Percent Since 2019; Violence Jumped 84 Percent Since 2022
Report: U.S. November Online Sales Up 9.8 Percent; SG Segment Down 1.4 Percent
SGB Update
SGB Media Revises Holiday Publishing Schedule
In observance of the end of year holidays, SGB Media is taking time to be with family and friends and will adjust its Morning and Evening Update Newsletter publishing schedule
Bobby Jones Links Names VP of Revenue Management
With a diverse background in various industries, including golf, hospitality and education, Eric Escamilla’s career, includes roles as regional director of Membership Sales at Heritage Golf Group and director of Membership at ClubCorp.
AstroTurf Corporation Acquires Coast to Coast Turf
Coast to Coast Turf’s operations and leadership, including Founder and President Steve Webb, will continue post-transaction and partner with AstroTurf to support future growth.
Hanesbrands, Inc. Reaches Proposed Settlement in May 2024 Data Breach Case
A proposed settlement has been reached with the company relating to a sophisticated ransomware attack on HBI discovered by the company in May 2022.
AstroTurf Welcomes New Regional Sales Manager
Chris Siegle joins AstroTurf as the new regional sales Manager for Western Pennsylvania and Western New York. He brings an extensive background in sports and coaching of over two decades to the role.
SGB Executive
SGB Media Revises Holiday Publishing Schedule
In observance of the end of year holidays, SGB Media is taking time to be with family and friends and will adjust its Morning and Evening Update Newsletter publishing schedule
EXEC: New Nike Inc. CEO Lays Out Pain Points Ahead and Plans to Re-Focus on Sport
The new CEO did not ride in on a white horse or a chariot as a conquering hero, but as a janitor, not unlike Mr. Earl, who realizes he has a big job to do but also has a clear mind on what must be done.
EXEC: Nike’s NA Q2 Footwear Down 14 Percent; Reduces Classics Share of Business
In North America, Nike Direct declined 15 percent, with Nike Digital down 22 percent and Nike stores down 3 percent.
Wholesale declined 1 percent. Nike said it took another step forward shifting the product portfolio by reducing the proportion of our business driven by the Classic Footwear franchises.
EXEC: Nike Inc. Q2 Reaction May Be More About the CEO’s Plan – Not Key Metrics
That plan has to include boosting innovation in a market that has embraced On, Hoka and a number of other nascent running brands that have taken share in the “technology as fashion” column, as well as brands such as Adidas and Asics that are taking share on the lifestyle side.
EXEC: UK Retail Sheds 225,000 Jobs in Five Years but Pay Growth Up 25 Percent
Pay growth at retail was said to be well above the national average at 8.5 percent in 2024, and up over 25 percent since 2021. The October Budget increases the National Living Wage by a further 6.7 percent, adding over £2.7 billion to retailer wage bills from April 2025.
