Black Diamond Names VP Of North American Sales
Black Diamond Equipment, Ltd. hired Heath Christensen as vice president of North American sales, reporting to Neil Fiske, brand president, effective immediately.
Jack Wolfskin Signs With Irish Distributor
Jack Wolfskin based in Idstein near Frankfurt, Germany, has entered into a partnership with Bleubird to see the Belfast-based outdoor lifestyle equipment distributor and brand exclusively represent Jack Wolfskin in Ireland and Northern Ireland, effective immediately.
JD Sports Appoints Two New Board Directors
JD Sports Fashion Plc, the parent company of JD, Finish Line, DTLR, and Shoe Palace, appointed Angela Luger and Darren Shapland as non-executive directors, effective June 1. Lauger joins JD Sports Remuneration Committee and Shapland its Audit and Risk Committee also effective June 1.
Dick’s SG Completes Redemption Of Convertible Notes
Dick’s Sporting Goods, Inc. said in a regulatory filing it completed the conversion and redemption of its outstanding 3.25 convertible senior notes due 2025 and expected to reduce its annual interest payments by approximately $1.9 million.
Academy Sports + Outdoors To Open First Store In Peoria, IL
Academy Sports and Outdoors, Inc. reported it will open its first location in Peoria, IL, this summer; this is the second location in Illinois, set to open in Grand Prairie Plaza. The floor space covers over 60,000 square feet.
Gymshark’s Fiscal 2022 Profits Slide On Higher Costs
Gymshark, the UK-based activewear brand, reported pre-tax profits fell 39 percent in its fiscal year ended July 31, 2022 as higher costs offset a 21 percent gain in sales, led by robust U.S. growth.
Canada Goose Makes Five Appointments To Leadership Team
Canada Goose reported making five appointments to its leadership team, effective immediately. Matt Blonder was hired as chief digital officer, Juliette Streichenberger was tapped as president of CGAG and the EMEA, Ana Mihaljevic was named head of global stores in addition to her role as president of North America, Daniel Binder moved from an interim position to chief transformation officer and EVP, sales operations and planning, and Patrick Bourke was promoted to SVP of strategy and corporate development.
Lululemon Promotes Two To EVP Positions
Lululemon promoted two members of its senior leadership team to EVP positions. Susan Gelinas was named chief people and culture officer, and Shannon Higginson was appointed chief legal and compliance officer.
Unifi Sees Healthy Sequential Improvement In Q3 Results
Unifi, Inc. announced preliminary results for its fiscal third fiscal quarter ended April 2, showing sequential improvement in sales and earnings over its fiscal second quarter.
Nordstrom’s Debt Ratings Outlook Lowered
Moody’s Investors Service changed Nordstrom, Inc.’s debt ratings outlook from stable to negative, reflecting Nordstrom’s continued operating challenges, particularly in its off-price Nordstrom Rack chain.
Authentic Brands Group Purchases IP Of Vince
Authentic Brands Group reported it agreed with Vince Holding Corp. (VNCE) to acquire the fashion brand’s intellectual property for an undisclosed amount.
Original Penguin Golf Partners To Expand In Asia Pacific Region
Perry Ellis International and Walkinshaw Sports agreed to a strategic partnership to distribute Original Penguin golf and tennis apparel to the Australian and New Zealand wholesale and retail markets.
Beyond Yoga Opens Third Store In Los Angeles
Beyond Yoga opened its third store in Westfield Century City in Los Angeles following the opening of venues in Santa Monica and Irvine, CA, respectively, last fall. Beyond Yoga has another Los Angeles location set to open on May 12 in the Larchmont Village.
Versa Group Inks Deal With Authentic On Geoffrey Beene Brand
Authentic Brands Group and Versa Group announced a partnership for Geoffrey Beene starting with the Spring 2023 collection, whereby Versa Group will design, produce and distribute men’s dress shirts for the brand in North America, sold at department stores, specialty retailers and online.
Li Ning Sees Franchise Stores And E-Commerce Drag On Q1 Retail Business Growth
Li Ning Company Limited reported retail sell-through at Li-Ning stores for the first quarter that ended March 31, excluding Li-Ning Young, increased in the mid-single-digits on a year-over-year basis.
