Evo Announces Promotion And New Hire
Evo announced that Rebecca Heard, vice president of brand, marketing and e-commerce, had been promoted to chief marketing officer. Katie Little, formerly working for Lululemon, was hired as director of stores, U.S.
Buffalo Groupe Acquires Sports Marketing Surveys USA
Buffalo Groupe, LLC, a collection of agencies, events and media properties, acquired Sports Marketing Surveys USA. The acquisition builds on Buffalo Groupe’s acquisition of Longitudes Group in January 2021.
Amazon Freezes Corporate Hiring In Retail Segment
Amazon has halted all corporate hiring for its retail business through the end of 2022, according to an internal announcement obtained by The New York Times.
REI To Permanently Close On Black Friday
REI Co-op announced it would permanently close all its stores, including its distribution centers, activity centers, call centers, and headquarters on Black Friday; however, it is accepting customer online orders at REI.com, with order processing and fulfillment not beginning until the day after Black Friday.
Academy Sports Opens New Store In Indiana
Academy Sports + Outdoors will officially open a new store in Jeffersonville, IN, located at 1600 Veterans Pkwy, in the Jeffersonville Town Center, on October 7.
South Korea’s Naver To Buy Poshmark For $1.2 billion
South Korean Internet giant Naver agreed to acquire Poshmark, the U.S.-based online resale platform, for roughly $1.2 billion. Naver is paying $17.90 per share in the all-cash deal. Poshmark closed Monday at $15.57.
Dickies Names Senior Director, Global Growth And Performance Marketing
Dickies hired Justin Bones as senior director of global growth and performance marketing to oversee its North America marketing, strategy, planning, and execution for new customer acquisition and retention.
NRF Report: Consumers Continue To Spend Despite Inflationary Worries
Consumers continue to worry about high inflation and the Federal Reserve interest rate hikes intended to bring inflation down, but neither has stopped them from spending, according to the National Retail Federation Chief Economist Jack Kleinhenz.
Obit: Dan Wieden, Co-Founder, Wieden + Kennedy
Dan Wieden, the Co-Founder of Wieden + Kennedy who coined Nike’s phrase, “Just do it,” passed away at the age of 77.
NPD Survey: Economy Concerns Weigh On Holiday Spending
NPD, which recently merged with Information Resources, Inc. (IRI), reported that 29 percent of U.S. consumers would spend less this holiday season due to increased economic negativity and personal finances, following its recent holiday purchase intentions consumer survey.
Spanx Promotes Kim Jones To CEO
Spanx, LLC. announced that Kim Jones had been promoted to CEO effective immediately. Jones takes over the top executive position from Spanx founder Sara Blakely, who remains executive chairwoman.
Qurate Retail Group Names Chief Operating Officer
Qurate Retail Group, the parent of QVC and HSN, announced that Scott Barnhart had been hired as chief operating officer effective immediately.
Adidas Extends Partnership With Arsenal
Adidas extended its partnership agreement with premier club league Arsenal until 2030. The announcement comes following a summer where Adidas hosted pre-season training camps for Arsenal’s men’s and women’s teams at its global headquarters in Herzogenaurach, Germany.
Headwear Brand Martha Expands U.S. Operations, Hires Sales Manager
Martha, the sustainably-focused headwear brand based in Argentina, hired Albert Shim as sales manager to expand its U.S. business, having entered California in 14 stores.
Nike Launches Connected Partnerships With JD Sports And Zalando
Nike has selected JD Sports And Zalando as its first European partners for its Connected Partnership loyalty program, enabling its customers to access Nike member products and experiences.
