Centric Brands Names President Of Asia Division
Centric Brands, LLC. announced that Marc Compagnon had joined the company as president of Centric Brands Asia. He was at Li & Fung for more than 20 years in executive and advisory roles.
Altar’d State Announces Chief Marketing Officer And Two Key Promotions
Altar’d State, the women’s fashion retailer with 156 locations in the U.S., hired Cristina Ceresoli as chief marketing officer of Altar’d State, AS Revival and Tullabee. It also promoted Dana Seguin to brand president of Arula and Nicole Sewall to senior vice president of Vow’d.
Bass Pro Plans Family Health Center In Springfield
Bass Pro Shops plans to open a Family Health Center this fall, offering health care services for Bass Pro Shop employees and their families in the Springfield region.
Golf Rounds Played Decline 14 Percent In March
Golf Datatech’s National Rounds Played Report for March shows that U.S. rounds were down 14.3 percent in the month and down 7.5 percent year-to-date year-over-year.
LifeLabs Secures $6M Series Seed 3 Funding
Materials science company LifeLabs announced a $6 million Series Seed 3 financing round led by Asia Green Fund, bringing total funding to $13.8 million.
Mother’s Day Spending To Reach Record High
Mother’s Day spending is expected to total $31.7 billion this year, up $3.6 billion from 2021’s record spending, according to the annual consumer survey released by the National Retail Federation and Prosper Insights & Analytics. Approximately 84 percent of U.S. adults are expected to celebrate Mother’s Day.
Old Navy CEO Exits As Gap Reduces Quarterly Forecast
Gap Inc. announced that Old Navy President and CEO Nancy Green is exiting the Old Navy business this week.
L.L.Bean Continues Expansion In Canada With Five Retail Stores To Open In 2022
L.L.Bean announced the continued expansion of its footprint in Canada, with five stores scheduled to open this year. In partnership with Jaytex Group, L.L.Bean will increase its store count from 8 to 13.
Lululemon, REI And Patagonia Score Top Marks For Resale Programs
According to a review of brands and retailers with dedicated resale programs, Lululemon ranked third, REI fourth and Patagonia fifth in ThredUps’s recommerce 100 study.
Academy Sports & Outdoors HQ And Distribution Center Sold For $190 Million
Mirae Asset Global Investments, based in Seoul, South Korea, has purchased the headquarters campus of Academy Sports + Outdoors in the West Houston, TX suburb of Katy. Phoenix-based Tratt Properties sold the 1.5 million-square-foot campus, which is triple-net leased to Academy Sports on a long-term lease, for $190 million.
Canada Goose Launches Kind Fleece
Today, Canada Goose is introducing “Kind Fleece,” a material made from recycled wool and bio-based fibers.
Amazon Opens Up Prime Delivery Service To Other Retailers
Amazon, on Thursday, launched a new service, Buy with Prime, that lets third-party merchants use its shipping and logistics network to fulfill orders on their sites and its 200 million-plus Prime customers.
The Athlete’s Foot Appoints EMEA Chief
The Athlete’s Foot (TAF) announced Romano Cinelli as its new vice president and general manager for TAF’s territories: Europe, Middle East and Africa.
Online Brands Nordic AB Acquires Kidswear Brand Isbjörn Of Sweden
E-commerce specialist Online Brands Nordic AB has acquired Nordic Kidswear AB, including its outdoor kidswear brand Isbjörn of Sweden.
LF Corp. Appointed Strategic Partner For Reebok In South Korea
Authentic Brands Group (ABG) reached a long-term partnership agreement with LF Corp., giving the company the exclusive rights to distribute and sell Reebok apparel and footwear for men, women and kids through wholesale, e-commerce and Reebok-branded retail stores in South Korea.
