Polygiene Group Hires New CFO
Polygiene Group, the maker of antimicrobial technologies and odor control solutions based in Sweeden, has appointed Niklas Blomstedt as its chief financial officer, succeeding current CFO Nina Forsvall.
Downlite Appoints Vice President Quality Assurance & Compliance
Downlite announced the retirement of Clive Wilke, Vice President, QA & Compliance and appointed Tokkie Sharar to continue advancing the company’s efforts in global quality assurance.
Nike And Apple Team Up On Sports Content
Apple has finalized a multi-year first-look feature deal to develop and produce sports films with Nike-owned studio Waffle Iron Entertainment for the Apple TV+ streaming service.
May Retail Sales Unexpectedly Decline Amid Inflationary Pressures
Retail sales fell 0.3 percent in May from the prior month, the Commerce Department said Wednesday. Economists surveyed by Refinitiv expected sales to rise 0.2 percent. May marked a slowdown from the gain of 0.7 percent in April and the first decline in retail sales in five months.
Nike Concept Store Opens In Hong Kong
UAE retailer GMG announced the opening of a new Nike concept store in Hong Kong. The store is located in the East Point City shopping mall in the Hang Tau district.
Mountainsmith Expands With Three New Hires
Mountainsmith, the Colorado-based gear manufacturer specializing in hiking and camping, announced it appointed Kipp Godfrey as a sales and service rep, Lora Buboltz as an e-commerce marketplace manager and Nirveek Shah as a graphic designer.
Hypebeast To Open New York Flagship
Hypebeast will unveil its first-ever U.S. flagship building in the heart of Manhattan’s Chinatown on 41 Division Street this week.
Levi Strauss Appoints Head Of South Asia-Middle East and Africa
Levi Strauss & Co. appointed Amisha Jain as senior vice president and managing director of its South Asia-Middle East and Africa (SAMEA) business.
NRF Praises House Passage Of Ocean Shipping Reform Act
The National Retail Federation issued a statement applauding the House’s approval of the Ocean Shipping Reform Act of 2022.
Mastercard SpendingPulse Forecasts 7.5 Percent Growth For U.S. Back-To-School Sales
Mastercard SpendingPulse forecasted that U.S. retail sales would grow 7.5 percent year-over-year from mid-July through the Labor Day back-to-school buying period. It anticipates that sales will be up 18.3 percent compared to the pre-pandemic 2019 selling season, with department stores a noteworthy winner as the retail sector continues its recent rebound.
Academy Sports To Open Two Stores In Tampa Bay
Academy Sports and Outdoors, Inc. announced that it would open its first two locations in Tampa Bay, FL.
Zalando Acquires Highsnobiety
German fashion and beauty e-tailer Zalando is acquiring a majority stake in Highsnobiety, the streetwear news and e-commerce site.
Oberalp Group Makes Hires And Promotions
The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country and Evolv, has hired Phil Hoffman as sales manager, appointed Mike Sohasky as key account sales manager, and promoted Steve Goddard, Michael Casarrubia, and Eric Poore to new roles within the company.
Adidas Sues Nike Over Allegedly Infringing Apps And Shoe-Fitting Technology
Adidas AG filed a lawsuit against Nike, Inc. for allegedly infringing on its patents with its mobile applications and shoe-fitting technology.
Hibbett Announces Changes To Board
Hibbett, Inc. announced the resignation of Jamere Jackson, effective June 9, 2022 and the appointment of Pamela Edwards to its Board of Directors, effective June 10, 2022.