SGB Apparel

JCPenney Appoints Chief Customer Officer

JCPenney hired Katie Mullen as chief customer officer. Mullen previously was JCPenney’s chief digital officer and will continue overseeing e-commerce strategy and omnichannel development driving digital, data and analytics. 

Norrøna Acquires Canvas Hotel Telemark

Norrøna reported it acquired the Canvas Hotel Telemark, a wilderness lodge, including luxury yurts, for mountain bikers, with over 100 kilometers of slick rock trails connected by singletrack.

Kohl’s Debt Ratings Downgraded By Moody’s

Moody’s Investors Service downgraded Kohl’s Corp. due to the continued deterioration in credit metrics and the erosion of the retailer’s market position as it enacts a turnaround to its operating performance in 2023.

JD Sports Names Global Managing Director

JD Sports promoted Michael Armstrong, formerly group buying director, to the newly created role of global managing director. Armstrong is expected to “further drive the group’s growth” and “meet its ambition to become the leading global sports-fashion powerhouse.”