LS&Co. Extends Levi’s Stadium Naming Rights and 49ers Partnership
This extension will be among the largest in the NFL and secures LS&Co. with the naming rights for Levi’s Stadium through the 2043 NFL season.
New Era: Gass Takes Reins at Levi’s, Shifts Focus to DTC-First
Michelle Gass has assumed the role of president and CEO at Levi Strauss & Co. and added chief marketing officer Kenny Mitchell and newly promoted chief merchandising officer Dawn Vitale to the executive leadership team.
Gildan: The Saga Continues
The back and forth is nearly impossible to report on as each side lobs another boulder over the wall at their adversary only to have another come right back.
Gildan Shareholders Respond to Special Meeting Timing
Browning West, LP responded to Gildan’s announcement that its Board of Directors has “called” a so-called annual and special meeting of shareholders to be held on May 28, 2024, while also seeking to cancel the special meeting of shareholders.
Gildan Board Sets Meeting Date; Sets Plan for Cancellation Based on Court Case
The company’s Board called an annual and special meeting of shareholders to be held on May 28, 2024 in response to a shareholder requisition submitted by certain shareholders, but then filed an application in Quebec Court for declaratory judgment that would enable them to cancel the special meeting.
NSSF Concludes a Record SHOT Show
More than 55,400 industry professionals attended the four-day event with more than 2,600 companies exhibiting.
Beyond Yoga Sees Sales Growth Moderate in Fiscal Q4
Sales were up 14 percent for the fourth quarter and =19 percent for the full year, achieving revenues of over $115 million.
Insulated Jackets From KUIU for Brisk Winter Days
With much of the U.S. getting hit with frigid temperatures, KUIU introduced the brand’s latest down-insulated jackets for the cold/wet winter months ahead.
Fenix Outdoor International Appoints New CTO
The parent company of the Fjällräven, Royal Robbins, Hanwag, and Tierra brands promoted Head of Brands Business Tech and Deputy CTO Eefje Jacques to CTO, effective April 1. Current company CIO Jan Lindmark will retire on that date.
Sportsman’s Warehouse Adds Indie Board Director
Steve Becker is the new independent member of the company’s Board of Directors, effective immediately. He will serve as a member of the Board’s Nominating and Governance Committee.
REI Co-Op to Lay Off 357 Non-Store Staff; Forecasts Revenue Decline for 2024
The move sees 357 employees affected, “impacting 200 people at the headquarters, 6 in S&CS, 30 in Experiences, and 121 in our distribution centers,” according to the CEO’s letter obtained by SGB Executive. The senior leadership team will be pared down 22 percent in 2024.
Levi Strauss to Cut 10 to 15 Percent of Workforce; Sees Weak 2024
The first phase of the Project Fuel global productivity initiative is expected to occur in the first half of 2024 and is expected to include a 10 percent to 15 percent reduction of the company’s global corporate workforce.
Macy’s Shares Recover on Rumors of Another Buyout Bid
Sycamore Partners, the owner of retail brands Ann Taylor and Talbots, has been negotiating with Macy’s since December.
Adidas and Malbon Golf Introduce The Crosby Collection
“The entire collection is an ode to what golf and fashion became at that time in history but also celebrates how those same characteristics and fashion styles from that time still live on with golfers today.” —Dylan Moore, Creative Director, Adidas Golf
Report: The Changing Dynamics of Country Clubs
The pandemic seemingly increased interest in golf and tennis, leading to more visits and members at country clubs, particularly from a younger demographic. As a result, country club visits are up, and foot traffic is above pre-pandemic levels.
