Nike VP Joins Estée Lauder’s Board
The Estée Lauder Companies, Inc. appointed Angela Wei Dong, global vice president and general manager, Greater China, Nike Inc., to its Board of Directors.
Li Ning’s CFO Retires
Li Ning Company, Ltd. announced that Terence Tsang, its chief financial officer, has retired due to retirement age.
Delta Apparel Expects Q3 Sales Growth Of Approximately 6 Percent
Delta Apparel, Inc. said it expects net sales for its 2022 fiscal third quarter ended July 2 to be approximately $126 million, a 6 percent increase compared to the prior-year third-quarter net sales of $118.7 million and mid-single-digit growth when compared to the pre-pandemic fiscal 2019 third-quarter net sales.
Outdoor Cap Hires Head Of Technology
Outdoor Cap, the headwear manufacturer, has hired Jermaine Oldham as head of technology for its Retail, Team Sports and Promotional Products businesses.
Designer Brands To License Le Tigre Footwear
Designer Brands, Inc., the parent of DSW, announced an investment in and licensing agreement with Le Tigre, the American athletic apparel brand famous in the 1980s. Designer Brands will design and produce Le Tigre footwear to be sold primarily through DSW and The Shoe Company.
Puma Files Trademark Infringement Suit Against Brooks
Puma SE has sued Brooks Sports in Indianapolis federal court, charging that Brooks alleged advertising for sneakers with nitrogen-infused soles violates Puma’s “Nitro” trademark rights, according to Reuters.
South Korean Fashion Group F&F Acquires Sergio Tacchini
South Korean clothing company F&F has acquired Italian tennis brand Sergio Tacchini for U.S. $63 million.
Gap CEO To Step Down
Gap Inc. announced that president and chief executive officer Sonia Syngal will step down from her position and from the company’s Board, departing the company following a brief transition. The company also announced that Horacio “Haio” Barbeito, formerly at Walmart, will join the Gap Inc. as president and chief executive officer of Old Navy.
Evo Announces New Campus Location In Tahoe
Evo unveiled plans to build a new campus location in Tahoe City, CA. The site is expected to open in 2023.
Coats Acquires Texon International For $237 Million
Coats Group plc has acquired Texon, the manufacturer of structural components and materials for the footwear, accessories and apparel industries.
JD Sports Appoints Chairman
JD Sports named Andrew Higginson, former Chair of supermarkets group Morrisons, as chairperson, replacing Peter Cowgill, ousted in May.
Dunning Golf Appoints VP Of Sales
Dunning Golf appointed Roger Landry as vice president of sales, golf.
U.S. Ports Set Another Record
Imports set another record high this spring as the nation’s major container ports worked to reduce congestion and retailers stocked up before dockworkers’ West Coast labor contract expired, according to the monthly Global Port Tracker report released by the National Retail Federation.
Rally House Opens In Bloomington
Rally House is opening its sixth store in Bloomington, IN at College Mall.
Royal Robbins Expands Marketing Team In Colorado
Royal Robbins hires three marketing executives working from its U.S. headquarters in Louisville, CO—Gareth Martin, Stevie Gluck and Samantha Silverman,
