SGB Apparel

Nordstrom Names Chief Information Security Officer

Nordstrom named Nicole Ford as chief information security officer. Previously, Ford was VP and CISO at Rockwell Automation, with experience guiding security transformation initiatives and developing cybersecurity programs.

Fleet Feet Opens Ninth Store in Missouri

Fleet Feet announced a new store was opened in Jefferson City, MO, by owner/operator Nancy Yaeger, who also owns Fleet Feet Columbia. The opening marks the ninth Fleet Feet store in the state.

EXEC: Nike Scores Two Analyst Upgrades

Citi raised its rating on Nike to “Buy” from “Neutral,” while Barclays gave Nike its “2024 Best Idea” recommendation. Both investment firms cited the potential for Nike to have a margin recovery and brand innovation tied to the 2024 Paris Olympics.

Strava Appoints Former Nike Exec as CEO

The company hired Michael Martin as CEO, replacing outgoing CEO, Michael Horvath. Martin will also join the Strava Board upon assuming the role on January 2, 2024. Currently, Martin serves as the GM of YouTube Shopping.

EXEC: Craft North America CEO Talks Gaining Traction in Run Footwear

In late November, Craft Sportswear announced plans for a phased relocation of its North American headquarters to Seattle, WA, in 2024 to bolster the brand’s expansion into outdoor and specialty retail and its recent entry into running footwear in the U.S. Craft North America CEO Eric Schenker talked with SGB Executive about Craft Sportswear’s heritage, the run footwear opportunity, and why the CEO has chosen not to move to Seattle.