Jordan Brand Opens New Store In Milan
Jordan Brand opened its first World of Flight concept store in Milan, Italy. In a statement, the company described the store as “the future of Jordan retail.”
Eastbay To Shutter At End Of The Year
Eastbay announced on its website that it will close at the end of the month.
Report: NFL Invests In Nobull
The National Football League (NFL) has made an investment in training apparel and footwear brand Nobull via the league’s 32 Equity investment fund.
Rally House Sets Store Openings For Oklahoma And St. Louis
Rally House announced plans to open two more stores in Oklahoma in early 2023 in Broken Arrow and Edmond. The fan shop also plans to open another location in the St. Louis area in Ballwin, MO, in early 2023.
Li Ning Company Adds Independent Non-Executive Director To Board
The board of directors of Li Ning Company, Ltd. appointed Wang Yajuan as an independent non-executive director, effective December 21.
Report: U.S. Holiday Season Retail Sales See Strong Results Aided By Inflation
U.S. retail sales, excluding automotive, increased 7.6 percent year-over-year this holiday season, according to a report from Mastercard SpendingPulse.
Arc’teryx Opens Store In New York’s Flatiron District
Arc’teryx reported it opened a Pinnacle Store occupying 6,600 square feet at 149 5th Avenue in New York City’s Flatiron district—the company’s 26th retail store location and the largest in North America.
Equinox’s Chief Legal Officer Jumps To Tailored Brands
Tailored Brands, Inc. hired Yen D. Chu as EVP, chief legal officer and corporate secretary, effective December 26. Chu joins Tailored Brands with more than 25 years of brand and consumer-facing experience for both private and publicly-traded companies.
Netflix To Stream Nike Training Club Content For Members
Netflix reported it will begin streaming Nike Training Club workouts as part of its content, effective December 30.
Pentland Brands Promotes Rock As President, Americas
Pentland Brands, Ltd. announced that Matt Rock was promoted to president, Americas, Pentland Brands, overseeing Speedo and the company’s portfolio, including Endura and Mitre for the Americas region.
Under Armour Appoints New Corporate President & CEO
Under Armour, Inc. hired current Marriott International President Stephanie Linnartz as president & CEO and as a member of UA’s Board of Directors, effective February 27, 2023.
Primark Opens New Store In City Point, Brooklyn
Primark, the international value fashion retailer, opened a new store in City Point, Brooklyn, NY.
Cotopaxi Adds Vice President Positions To Fuel Growth
Cotopaxi reported it added three members to its senior leadership team to position the company for growth. They include Kamal Thota, vice president, Technology, Jason Hermann, vice president, Corporate Sales, and Charlie Mangini, vice president, operations.
Nike, Inc. Fiscal Q2 Results Beat Street Expectations; Inventories Up 43 Percent
Nike, Inc. reported fiscal 2023 second quarter revenues were $13.3 billion for the three-month period ended November 30, up 17 percent compared to the prior-year comparable period and up 27 percent on a currency-neutral basis.
Skechers Opens Flagship Store In Ireland
Skechers is elevating its worldwide presence by opening a new flagship store in Ireland on Dublin’s Grafton Street.