5.11, BOA and Primaloft Parent CODI Now SEC Compliant After Filing 10-Q for Q3 2025
Company CEO Elias Sabo said that excluding the Lugano diamond retailer subsidiary, which required the company to re-file its 2025 reports, the company’s eight operating subsidiaries “continue to deliver solid performance in an uncertain macroeconomic environment.”
Tactics Realigns Snow Department General Manager Responsibilities
Tactics, the retailer specializing in snowboarding and skateboarding with four stores in Oregon and Washington, said Adam Gerken has assumed the additional role of snow department general manager, in addition to his current position as retail director.
EXEC: Is Varsity Brands Setting Up for a Big Deal?
Varsity Brands, Inc., the parent of BSN Sports and Varsity Spirit, announced a proposed $400 million fungible add-on to its first-lien term loan facility to partly finance a potential undisclosed acquisition of a complementary business to BSN Sports with a heavy presence in soccer. The potential deal was noted in Moody’s and S&P’s debt issuance reports.
EXEC: Adidas and Nike Fight for Top Spot in UBS Global Survey
In the athletic footwear category, Nike was the top brand global consumers planned to purchase within the next 12 months, at 49 percent; followed by Adidas, 41 percent; New Balance, 17 percent; Puma, 14 percent; Air Jordan, 13 percent; Asics, 12 percent; Anta and Skechers, both 10 percent; Li-Ning, 9 percent, and Converse, 8 percent.
EXEC: Tommy Bahama Parent Oxford Industries Expects to Reach Lower End of Revised FY 2025 Guidance
Oxford Industries, Inc. reported at this week’s ICR conference that its performance during the Holiday selling season and Resort selling season to date was on track to meet the low end of its previously issued guidance for the year, which was originally published by the company on December 10, 2025.
JCPenney’s Q3 Losses Widen on Sales Dip, Activewear Gains
JCPenney widened its loss in the third quarter to $100 million from a deficit of $17 million a year ago. Sales slid 3.8 percent year-over-year to $1.36 billion, though activewear showed broad strength, and Nike and Skechers ranked among the strongest sellers.
EXEC: Saks Global Files for Chapter 11 Bankruptcy; Secures $1.75 Billion in DIP Financing
Saks Global Executive Chairman Richard Baker is stepping down from the CEO role he assumed this month, and Neiman Marcus CEO Geoffroy van Raemdonck will guide the company through the Chapter 11 proceedings. He has appointed a new chief commercial officer and a chief of global brand partnerships.
EXEC: VF Corp. CEO Outlines Keys for Vans, TNF and Timberland Revivals
Speaking Tuesday, January 13, at the ICR Conference in Orlando, FL, VF President and CEO Bracken Darrell said Vans continues to find success with new product as the brand moves forward on its recovery while also spelling out significant opportunities for The North Face to expand in the U.S. and for Timberland to capitalize on the recent fashion revival in the Premium 6-inch boot.
Ariat Names Levi’s COO Liz O’Neill as Next CEO; Beth Cross Transitions to Exec Chair
O’Neill will officially assume the CEO role on April 2, working closely with Beth Cross and the senior leadership team ahead of the transition.
Alo Yoga Appoints International CEO
Los Angeles-based activewear brand Alo Yoga appointed Benedetta Petruzzo, previously managing director at the Dior fashion house, to the newly created position of international chief executive officer.
Bodybar Pilates Franchise to Open First Colorado Studio
Bodybar Pilates, a high-energy, reformer-based Pilates workout method, plans to open a new franchise studio led by Gail Buhler, in Littleton, CO, in March.
Revolve Group Opens Storefront at The Grove in Los Angeles
Founded in 2003 by Co-CEOs Michael Mente and Mike Karanikolas, the company sells merchandise through two complementary segments, Revolve and FWRD, which share a single platform, and focuses on Millennial and Gen Z consumers.
Puma Appoints Anne Putz as Senior Director of Corporate Communications
In this role, Anne Putz will lead the company’s external and internal corporate communications and serve as its spokesperson. She succeeds Kerstin Neuber, who left the company at the end of 2025.
Pentland Brands Appoints Joel Harris President Americas
Pentland Brands has appointed Joel Harris president of the Americas for the owner of the Speedo, Berghaus, Endura and Mitre. Previously SVP of sales for Speedo U.S., Harris takes over from Joe Spies and will spearhead growth opportunities for Pentland’s brand portfolio.
EXEC: Top Asia Footwear Factories Finish 2025 on Another Down Note in December
Feng Tay Enterprises, one of the longest-tenured producers of Nike footwear, saw Manufacturing revenues dip slightly year-over-year in December, while outdoor and athletic footwear maker Yue Yuen factory output decline 3.7 percent year-over-year. Both companies reported revenue declines for the year.
