Yoox Net-A-Porter Names Interim CEO
Yoox Net-A-Porter announced that Alison Loehnis has been named interim CEO, effective October 31, 2022, replacing Geoffroy Lefebvre, who is stepping down to pursue a private equity-backed entrepreneurial career outside of Richemont after 11 years with the company.
Nike Once Again Tops Piper Sandler’s Teen Survey
Nike remains the No. 1 brand for teens in apparel (31 percent) and footwear (60 percent ), according to Piper Sandler’s 44th Semi-Annual Generation Z survey. Lululemon, Converse, Crocs, and Hey Dude also gained traction.
HanesBrands Partners With University Of California, Berkeley
HanesBrands announced a new primary apparel partnership with the University of California, Berkeley. The ten-year agreement gives HBI exclusive rights to design, manufacture and distribute fanwear across mass and campus/local channels.
PXG Opens Store In Boston
PXG, the sports equipment manufacturer that sells a line of custom-fitted golf equipment products and accessories, opened its first brick-and-mortar store in Framingham, MA, located West of downtown Boston.
President & CEO Of JLL’s Americas Retail Business To Retire
JLL announced that Greg Maloney is retiring effective December 31, 2022. Kristin Mueller, a longtime partner and the current COO of JLL’s Property Management, will replace Maloney as president of the company’s Retail Property Management business.
Lids Expands Paris Saint-Germain Partnership
Lids and Paris Saint-Germain have expanded their partnership. Lids will now oversee two existing stores and future club locations in Europe.
Adobe Predicts Modest Online Gain In Holiday Sales
Adobe expects U.S. online holiday sales to reach $209.7 billion from November 1 to December 31, representing a 2.5 percent growth year-over-year. During the 2021 holiday shopping season, $204.5 billion was spent online, growing 8.6 percent YoY, with consumers uncertain about returning to physical stores due to lingering pandemic concerns.
The North Face Promotes Van Leeuwen To GM, The Americas
The North Face promoted Jan Van Leeuwen as general manager of the Americas. Van Leeuwen has been the general manager of The North Face EMEA for the past four years.
Nike To Open Inside London’s Battersea Power Station
Nike will be the latest retailer to open a store inside London’s Battersea Power Station retail complex. The 8,380-square-foot location opens on October 14.
Imports Headed To Lowest Level Since Early 2021
Imports at the nation’s major container ports are expected to fall to their lowest level in nearly two years by the end of 2022 even though retail sales continue to grow, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Jordan Brand VP Joins Sony
Andrea Perez, formerly global vice president and general manager of Jordan Women’s, has joined Sony as SVP global marketing, product, brand and services with a focus on its Playstation brand.
Ross Stores Appoint Board Member
Ross Stores, Inc. announced that Edward G. Cannizzaro had been elected to its Board of Directors, effective October 14, 2022.
Nordstrom’s Chief Technology And Information Officer Stepping Down
Edmond Mesrobian, Nordstrom’s chief technology and information officer, plans to step down from this position, according to a regulatory filing, effective October 14.
Oros Apparel To Open Chicago Pop-up Shop
Oros, the manufacturer of thermal technology for apparel, announced it would open a pop-up shop in Chicago’s Southport neighborhood on October 22.
Adidas Places Yeezy Partnership Under Review
Adidas issued a statement saying it had placed its partnership with Kanye West supporting the Yeezy range “under review” after West had recently been publicly critical of the company and its CEO.
