Neiman Marcus Names Two C-Level Execs
Neiman Marcus Group (NMG) hired Nabil Aliffi as chief brand officer. Stefanie Tsen Ward received a promotion to chief retail officer. Both are newly created positions reporting to Ryan Ross, president, Neiman Marcus Brand.
Report: Tennis Participation Adds One Million To Roster
The USTA reported that U.S. tennis participation grew by one million players in 2022, with more than 23.6 million playing the sport for the third consecutive year that the sport has seen an increase.
361 Degrees Sees Flat Growth In Fourth Quarter
361 Degrees International, Ltd. reported retail sales of 361º core-branded product for the fourth quarter of 2022 with roughly flat growth compared to the same period of 2021.
Lululemon Hires Chief Merchandising Officer
Lululemon named Elizabeth Binder as chief merchandising officer, reporting to Sun Choe, chief product officer.
NRF Adds Six Members To Board
The National Retail Federation (NRF) added six new members to its board of directors during its annual winter board meeting.
Retail’s Big Show Expanding To Asia Pacific In 2024
Retail’s Big Show is expanding to the Asia Pacific in 2024 with its annual conference and exhibition. Organizers expect it will draw thousands of retailers and business partners from across the region.
QVC Parent’s Debt Ratings Lowered
S&P Global Ratings lowered the debt ratings on Qurate Retail Inc., the parent of QVC and HSN, due to weaker-than-expected results as profitability and cash flow generation continued to be pressured in the latest third quarter ended September 30.
Ski Haus Opens In Woburn
Ski Haus opened its third store in Woburn, MA. The ski retailer also operates locations in Salem, NH and Framingham, MA.
Nordstrom’s Chief Merchant To Retire
Nordstrom, Inc. reported that Teri Bariquit would retire from her role as chief merchandising officer after 37 years with the company. Bariquit will remain in her position to ensure a smooth transition.
Olympia Sports’ IP And Customer Info To Be Auctioned
The intellectual property and related assets of Olympia Sports, which filed for bankruptcy last September to liquidate its remaining 35 stores, are on the selling block, including the trademarks for Olympia Sports, Clever Training and Surf Outfitter.
Nike Partners With University Of California
Nike has agreed to replace Under Armour as its official provider of apparel, footwear and other gear for the University of California, Berkeley. Nike partnered with BSN Sports on a three-year agreement with the University, effective July 1, 2023.
The Sports Shop Shutters After 45-Year Run
The Sports Shop in Elk Grove, CA, closed after 45 years in business.
Salesforce: U.S. 2022 Holiday E-Commerce Sales Up 5 Percent
Salesforce released its 2022 holiday recap of November and December shopping data, which showed that consumers spent $1.14 trillion online globally, flat year over year (YoY) and $270 billion in the U.S., up 5 percent from the 2021 period.
Adidas Loses Trademark Lawsuit Over 3-Stripe Design
Adidas lost a trademark infringement lawsuit Thursday that the company brought against Thom Browne, the American fashion designer, after claiming the fashion brand used its “three stripes” logo design without permission.
Salomon Names Global Chief Brand Officer
Salomon named Scott Mellin its global chief brand officer, headquartered in its Annecy office in the French Alps.
