Report: Retail Traffic Trends at Nike and Lululemon Ahead of Earnings
With less than 24 hours before Nike and Lululemon report their most recent quarterly results to the market, a recent report from Placer.ai appears to be rather timely as brands, retailers, investors, and consumers look for the bigger picture.
Topgolf Callaway Not Aware of any Sale Discussions
Topgolf Callaway reported today that the company is “unaware of any discussions” regarding the sale of the business.
Sportsman’s Warehouse Adds Two Key Leadership Hires
The company named Krischelle Tennessen as chief human resources officer and Michael Simpson as chief information officer .
EXEC: Investors React as Gildan Activewear Confirms Receipt of Acquisition Overture
In response to the receipt of a confidential non-binding expression of interest to acquire Gildan, Gildan’s Board formed a Special Committee of independent directors to, among other things, review and consider the merits of the proposal and seek alternatives.
New Era Cap Signs Multi-Year Collab With Pro BMX Athlete Nigel Sylvester
Sylvester to serve as creative advisor in multi-year deal with New Era Cap.
Academy Sports and Outdoors Taps Google, Walmart Vet for Board Director
Monique Picou has over 30 years of supply chain, logistics, strategic planning, operations, digital/technology, and engineering experience. She has worked as the global EVP of Google Cloud supply chain and operations at Alphabet, Inc. since March 2023.
Report: How Retailers and Consumers are Handling Customer Returns
Consumers are more mindful of changing return policies, which results in fees and shortened return windows. What can retailers do to improve customer relationships, as return rates are at 14.5 percent of sales?
Lululemon Appoints Teri List as New Board Member
List currently sits on the Boards of Directors for Microsoft, Visa, Danaher, and DoubleVerify. Previously, she was the EVP and CFO at Gap, Inc., Dick’s Sporting Goods, and Kraft Foods Group.
Kontoor Brands Appoints COO; Promotes Two Execs to Leadership Team
The parent of the Wrangler and Lee denim brands, has appointed Tom Waldron as chief operating officer (COO), effective March 19, 2024, and promoted two others to his new Executive Leadership Team. Christopher Waldeck is leaving the company.
“Unfortunately, Not A Lot Has Changed For Girls In Football”
German national team captain Alexandra Popp speaks to Puma CEO Arne Freundt about leadership and the challenges of women in football (soccer).
NGF Releases Latest State-By-State Golf Report
Florida has had a specialty license plate, a source of funding for FL junior golf programs, that identifies it as the “Golf Capital of the World.”
EXEC: Rip Curl and Oboz Parent Saw Both Brands Hurt by Retailer Caution in H1
KMD Brands, Inc., the New Zealand-based parent of the Rip Curl, Oboz and Kathmandu brands, reported that total consolidated Group revenue in the first half of fiscal 2024 decreased 14.5 percent year-over-year (YoY).
Report: Retail Industry Continues to be Largest Private-Sector Employer
The retail industry supported 55 million full- and part-time jobs in 2022, accounting for 26 percent of total U.S. employment, according to a new report released by the NRF.
American Apparel Expands Reach in Australian and New Zealand Markets
American Apparel, owned by Gildan Activewear, is expanding its reach in the Australian and New Zealand markets, releasing its 2024 product line through a dedicated e-commerce website.
EXEC: Xtep Gives Nod to Saucony Profits, Provides Details on Wolverine IP Deal
The retail partner for the Saucony, Merrell, K·Swiss, and Palladium brands, and now a 40 percent owner of the Saucony IP in China, said 2023 was a landmark year as it celebrated its 15th Anniversary of listing on the Hong Kong Stock Exchange.
