Tactics Opening First Location Outside of Oregon
The Oregon-based skateboarding and snowboarding specialty retailer is adding a new store in the Ballard neighborhood of Seattle, WA. The opening is planned for early summer 2024.
Nordstrom to Open 18th Rack Store in Illinois in Spring 2025
The 25,000-square-foot store will be located in Randall Square, adding to the four Nordstrom stores and 17 Nordstrom Rack stores in Illinois at press time.
Amer Sports Company Launches New Senior Secured Notes Offering
The net proceeds from the offering of the Notes and the expected net proceeds from the New Senior Secured Credit Facilities are expected to repay all outstanding indebtedness under the company’s existing credit facilities, which will be terminated.
Costco Wholesale Appoints New CFO as Galanti Moves to Advisory Role
The Costco Board of Directors named Gary Millerchip EVP and CFO, effective March 15. He is the SVP and CFO at The Kroger Co. Galanti will remain with Costco through January 2025 in an advisory role and will continue on the Board of Directors.
Obviouslee Grows Outdoor Strategy Team
National marketing agency taps industry veteran Joe Jackson, promotes Andrew Piasecki to co-lead its outdoor team.
Decathlon Claims First to Market with Apple Vision Pro App
Decathlon said the app was reimagined for Apple Vision Pro to enable customers to discover its latest outdoor and cycling product innovations and shop for their favorite sporting goods.
Gap Inc. Taps Zac Posen as Creative Director
American fashion designer Zac Posen was named EVP, creative director of Gap, Inc. and the chief creative officer of Old Navy, headquartered in San Francisco, CA.
Spanx Appoints New CEO and Executive Chair
The company’s Board of Directors appointed Caroline (Cricket) Whitton as CEO and Jeanne Jackson as executive chair.
Descente, Ltd. Posts Fiscal YTD Sales Increase Despite Golfwear Decline
Gains from the incorporation of Le Coq Sportif (Ningbo) Co. Ltd. and increased sales in the athleticwear category were larger than the decrease in sales in the golfwear category and the termination of the Marmot license in Japan in December 2022.
EXEC: 361 Degrees Pre-Announces Healthy Q4 Profit Growth
Profit attributable to the equity shareholders of the company for the year ended December 31, 2023 is expected to increase by not less than 25 percent year-over-year.
Imperial Headwear Names Key Sales Award Winners for 2023
The company awarded Salesperson of the Year to Alan Hyman last week at the 2024 PGA Show, and honored Jim Maitland, sales representative for South Florida, with the 2023 Customer Service Award.
Agassi, Graf, McEnroe, and Sharapova compete for $1M Purse in Pickleball Slam 2
In the main event, Andrew Agassi and Steffi Graf defeated John McEnroe and Maria Sharapova.
Adidas x Song for the Mute Drop Third Collaboration
Adidas Originals’ third collaboration with Song for the Mute includes footwear and apparel fusing nostalgia with a contemporary vibe.
Mahomes, Tiger, Acquisitions, Job Cuts, and an IPO Drive January’s Most Read Articles
What do you get when the first month of the new year features news from a golfer named Tiger, a Statefarm spokesman named Patrick, job cuts, key acquisitions, a looming IPO, and a public fight between a company’s Board and its investors—very busy month for SGB Media.
Under Armour Appoints New SVP, Managing Director for EMEA
With nearly 20 years of experience growing high profile brands including Adidas, TaylorMade, Under Armour, and Yeti, Kevin Ross is said to bring proven talent and regional expertise to the company.
