Houdini Sportswear Opens Store In Kungsgatan, Sweden
Houdini Sportswear opened a store in Kungsgatan, Sweden. Electrolux, a long-time partner, installed a laundry service in the space to showcase its garment care. The space also has a kitchen for consumers to connect.
Kohl’s CEO Steps Down To Take President Role At Levi Strauss
Michelle Gass, CEO of Kohl’s, is stepping down early next month to become the president of Levi Strauss & Co. Levi’s said Gass would start work and join its Board on January 2. The Board began a succession plan for her to succeed Chip Bergh as president and CEO in the next 18 months.
Breaking: Arne Freundt Takes Reins Of Puma SE
The Supervisory Board of Puma SE has decided that Arne Freundt, Puma’s chief commercial officer, will become chairman of its Management Board and CEO of Puma SE effective immediately after announcing that Bjørn Gulden would become CEO of Adidas AG.
USA Triathlon Names Chief Executive Officer
USA Triathlon named Victoria Brumfield as CEO. She has been the organization’s interim CEO since early September 2022.
Canada Goose Adds Chief HR Officer
Canada Goose hired Jess Johannson as chief human resources officer, overseeing its global teams within HR, including talent acquisition, employee experience, training, and global policy.
Adidas Makes It Official With Gulden’s CEO Appointment
Adidas AG reported that Bjørn Gulden, Puma’s CEO, will be appointed as a member of the executive board and CEO of Adidas AG, effective January 1, 2023.
Fanatics Hires Director, Business Development, Australasia
Fanatics hired Tyler Emsden as director of business development across Australia and New Zealand, responsible for growing the business and building partnerships with sports teams, leagues and organizations.
Sun & Ski Sports To Open 32nd Store
Sun & Ski Sports will open its 32nd store in Phoenix/Paradise Valley, AZ, on November 11, in the former space occupied by Staples located off Tatum Blvd.
Adidas Debt Ratings Outlook Revised To Negative
S&P Global Ratings reduced its debt ratings outlook to negative from stable due to the company’s recent operating performance deterioration and increased leverage.
Clarus Reduces FY Guidance
Clarus Corporation reported continued demand for its Outdoor segment, led by Black Diamond and Precision Sport segment and by Sierra and Barnes, in the third quarter ended September 30, but lowered its sales and earnings outlook for 2022 due to lower sales in its Adventure segment and the volatile foreign currency market and higher freight costs.
Wolverine Worldwide Appoints Lead Independent Director
Wolverine World Wide, Inc. hired Nicholas Long as the lead independent director of its Board of Directors.
Namuk Bolster’s U.S. Presence, Hires CMO
Namuk, the Swiss kid’s outdoor apparel brand, hired Sebastian Reinhard as chief marketing officer, responsible for national and international communication.
Culture Kings Opens Flagship Store In Las Vegas
A.k.a. Brands Holding Corp. announced opening the first U.S. Culture Kings flagship store at The Forum Shops at Caesars, a Simon Property in Las Vegas, NV, on November 5.
Canada Goose To Open Stores In Las Vegas And Denver
Canada Goose announced plans to open stores in permanent locations in Las Vegas and Denver, including two pop-up stores in Aspen and Detroit.
Adidas Eyes Puma’s Outgoing CEO Bjorn Gulden As New CEO
Adidas AG confirmed Friday that it is in talks with Puma Chief Executive Bjorn Gulden as a potential CEO successor. Earlier Friday, Puma said Gulden would leave at the end of the year and appointed Arne Freundt as its new CEO, effective January 1, 2023.
