Report: May Retail Sales Grow 2 Percent On ASP Growth; Apparel Declines
U.S. retail sales revenue in May 2023, including discretionary general merchandise and consumer packaged goods (CPG), increased 2 percent compared to the same month last year, even as unit sales declined 3 percent, according to data from Circana, formerly IRI and The NPD Group.
Stitch Fix Hires Former Macy’s Exec As CEO
Stitch Fix, Inc. announced that Matt Baer, former chief customer and digital officer at Macy’s, Inc., was hired as CEO and appointed as a member of the Board of Directors, effective June 26, 2023. Founder, Interim CEO and Executive Chairperson of the Board, Katrina Lake, will work closely with Baer as he transitions into the role.
Lids Names Head Of Brand And Collaborations
Lids hired Ariel Sandler as head of brand and collaborations. Sandler previously helped lead brand and marketing for the NBA, New Era and StockX.
Puma’s Brand Chief Leaving As Global Marketing Moves From Boston To Herzo
As part of the implementation of its strategic priorities, Puma is reorganizing its Global Marketing Organization. The company said the decision lays the foundation for further elevating the Puma brand, one of the company’s three strategic priorities.
Fanatics Acquires Latin American Wholesaler
Fanatics completed the acquisition of Fexpro, a wholesaler of licensed sports and branded apparel in Latin America. Headquartered in Panama, Fexpro is a preferred licensee for several major U.S. sports leagues in the region and also works with international soccer clubs.
Tentree Opens First Retail Store In Washington D.C.
Tentree reported it opened its first U.S. retail store in Washington, D.C.’s Shaw neighborhood at 1924 8th Street NW Washington, Suite 115.
Jack Wolfskin Continues NA Expansion With New Sales Leadership
Jack Wolfskin hired a new director of sales and marketing and appointed a new sales rep to expand wholesale distribution across the Upper Midwest and Great Lakes regions.
Royal Robbins Names Head Of Sales
Royal Robbins hired Todd Gordon as head of sales. He was vice president and general manager at Chaco.
Adobe: Online Prices See Continued Downward Trend In May
Adobe reported online prices in May 2023 fell 2.3 percent year-over-year, the most significant decrease since the pandemic started, marking the ninth consecutive month of year-over-year price decreases with over half of Adobe’s tracked categories (11 of the 18) falling in prices on an annual basis. On a month-over-month (month-on-month) basis, online prices fell 1.2 percent in May.
JD Sports Chairman Named Next Chair Of British Retail Consortium
Andy Higginson, chair of JD Sports Fashion plc, was appointed to succeed Tony De Nunzio as chairman of the British Retail Consortium (BRC), effective September 2023, when De Nunzio completes his tenure as chair of the UK’s retail trade association.
Signa Sports Partners With Tennis Channel
Tennis-Point, the racquet-sports equipment online retailer owned by Signa Sports United, entered into a multiyear agreement with the Tennis Channel to operate tennis.com and a new merchandise site found on TennisShop.com.
Wolverine Worldwide Appoints Sweaty Betty Brand President
Wolverine World Wide, Inc. appointed Melissa Mullen as global brand president of Sweaty Betty, the women’s activewear brand it acquired in August 2021.
Salt Life Brand Expands Northeast Presence With First New Jersey Store
Delta Apparel, Inc. reported that its Salt Life brand recently opened a brick-and-mortar store in Long Branch, NJ, its 23rd store nationwide and second in the Northeast market along with the Rehoboth Beach, DE store that opened last year.
Major League Pickleball Names Imperial As Its Official Licensed Headwear
Imperial has been named “The Official Licensed Headwear of Major League Pickleball.” MLP is reportedly the highest-tier competitive league in professional pickleball.
Golf Rounds Played Climb In April
Rounds of golf played in April 2023 were up 7.8 percent on a national level year-over-year and up 3.1 percent for the first four months of 2023, according to Golf Datatech.
