Study: Boys Participation Declines; Increased Specialization Tops Youth Sports Concerns
Kids have returned to pre-COVID sports participation levels. However, some worrisome trends in the Aspen Institute’s National State of Play 2024 report highlight that boys continue to play fewer sports and kids are specializing in one sport rather than multiple, even more so post-pandemic.
Vera Bradley, Inc. Appoints Crocs Board Director to Board of Directors
Ian Bickley currently serves as an independent director and member of the Audit Committee and Corporate Responsibility and Sustainability Committee on the Board of Directors at Crocs, Inc.
Study: Out-of-Stocks Drive 66 Percent of Consumers to Another Retailer
“Right product, right place, right time’ echoes in every retail conference room. Yet as retailers have expanded their online assortments and marketplaces to attract new customers and traffic, it’s become more challenging to avoid frustrating shoppers when they can’t find their size or their desired item in-store.”
Living In Sunshine Appoints Mike Vavak as Sales Director
The eco-friendly surf and beach products company said Vavak brings a wealth of experience and a passion for supporting surf retail.
Vuori Opens London Flagship Store on Regent Street
Vuori opened a flagship store on London’s Regent Street, marking its second location in London and its first flagship internationally. It also operates flagships in Encinitas, CA location near its headquarters and in Manhattan.
KMD Brands Europe Appoints Outdoor Division Brand Manager
Pascale Kaiser is expected to lead the development and expansion of the Kathmandu and Oboz brands across Europe, reporting directly to the president of KMD Brands Europe.
New Era Cap Celebrates 2024 World Series with LA Dodgers Collection
For the eighth time in franchise history, the LA Dodgers are World Series Champions, and New Era Cap, LLC, the official cap of MLB, has created a 2024 World Series collaboration with official on-field caps worn after the final inning.
Nike Appoints New Chief Diversity Officer
Kizmet Mills was previously a senior director in Nike’s DEI division. Her role becomes effective on November 11. She replaces James Loduca who announced his exit on LinkedIn.
Underground Printing Opens CU Boulder Location
The company’s newest retail location in Boulder, CO marks the company’s 30th location and its first in Colorado, situated on campus at the University of Colorado Boulder.
Unifi, Inc. Narrows Fiscal Q1 Net Loss on Solid Revenue Gains in Brazil Segment
Revenues from Repreve Fiber products were $44.7 million and represented 30 percent of net sales, compared to $42.5 million or 31 percent of net sales for the first quarter of fiscal 2024.
True Religion Opening Three New U.S. Stores Ahead of Holidays
Three new stores, in addition to a store opening in May in Katy, TX, brings the brand’s total number of physical retail locations to 51 in the United States.
Kontoor Brands Posts Q3 Growth at Wrangler, Decline at Lee on Solid U.S. Gains
The increase for the third quarter was said to be driven by growth in global direct-to-consumer (DTC) and U.S. wholesale, partially offset by a decline in international wholesale revenue.
Gildan Activewear Raises FY Revenue Guidance on Activewear Strength
Gildan Activewear Inc.’s third-quarter sales grew 2.4 percent, slightly ahead of guidance, as a 6 percent gain in activewear sales offset an 18 percent slump in its hosiery and underwear sales tied to its phase-out of its Under Armour sock license. Earnings rose 15 percent on improved margins.
U.S. Olympic and Paralympic Properties Name Nike Exec as CEO
John Slusher, Nike’s long-tenured sports marketing EVP, was named as CEO of the U.S. Olympic and Paralympic Properties (USOPP) for the 2028 Los Angeles Olympics. Ann Miller, the company’s executive vice president, chief legal officer and a 14-year Nike veteran, will replace Slusher as EVP of global sports marketing.
Nike, Inc. Shifts Senior Team Roles in Sports Marketing, Legal and Supply Chain
The company and new CEO Elliott Hill continue to make changes in its Senior Leadership Team (SLT), as it moves to position the company for renewed growth and brand energy.
