Hypebeast To List On NASDAQ Through SPAC Merger
Hypebeast, the digital media and e-commerce company with a focus on streetwear, plans to list its shares on Nasdaq through a merger with Iron Spark I Inc. The firm also indicated former Nike brand president Trevor Edwards will join its board.
Dunlop Golf Brands Rebrands in North America
In a global alignment strategy, the sports business for Sumitomo Rubber Industries, Ltd. (SRI) will be affiliated under the Dunlop brand umbrella. Currently operating as Srixon/Cleveland Golf/XXIO, SRI’s North American sales company Roger Cleveland Golf Company, Inc. (RCGC), will now be doing business as Dunlop Sports Americas.
Burlington Stores’ CFO To Retire
Burlington Stores Inc. announced that John Crimmins woulf retire from his position as chief financial officer on August 31, 2022, or the date his successor commences employment.
Nordstrom Announces Executive Leadership Team Retirements And New Appointments
Nordstrom, Inc. announced the retirements of Scott Meden, chief marketing officer (CMO), and Geevy S.K. Thomas, president of Nordstrom Rack. Nordstrom, Inc. also announced the appointments of Ken Worzel and Jamie Nordstrom to the newly created roles of chief customer officer and chief stores officer.
Nester Hosiery Appoints VP Of Finance
Nester Hosiery, the parent of the Farm to Feet sock brand, has promoted Donna Anderson to vice president of finance.
MLB Uniforms To Add Advertising Beginning In The 2023 Season
Major League Baseball (MLB) players’ uniform sleeves will sport corporate-sponsored patches beginning next season for the first time in the game’s 146-year professional history. The league confirmed that decals on batting helmets could come as early as this postseason.
Bergdorf Goodman Announces Two Executive Promotions
Bergdorf Goodman, which is owned by Neiman Marcus, announced the promotion of Cheryl Han to senior vice president of BergdorfGoodman.com and customer strategy. Melissa Xides has been promoted to senior vice president of Bergdorf Goodman stores and brand operations.
NRF Chief Economist Says Economy Has ‘Strong Momentum’
Top challenges have shifted from COVID-19 to inflation and the war in Ukraine, but the U.S. economy will continue to face uncertainties in the year ahead, National Retail Federation Chief Economist Jack Kleinhenz said in a statement.
Pacsun To Open Virtual Mall On Roblox
Pacsun is opening an interactive mall experience on Roblox called Pacworld. Working with existing game development studio partner Melon, Pacsun will extend its existing catalogs of virtual items on Roblox, first launched in June 2021, by letting customers sell its virtual goods in a customized digital mall.
Columbia Sportswear’s E-Commerce Chief Joins True Religion
True Religion announced the appointment of Scott McCabe, formerly senior director of e-commerce at Columbia Sportswear, as its SVP e-commerce.
SIA Announces New Board Chair And Newly-Elected Board Members
Snowsports Industry Association (SIA) announced that it elected a new Board Chair and Board members. The appointments include Michael West, Jonathan Degenhardt, Matt Gold, Melanie Hood, and Issa Sawabini.
Macy’s To Open Fulfillment Center In North Carolina
Macy’s, Inc. announced plans to open a new fulfillment center in China Grove, NC in 2024 to meet the increased demands of its omnichannel business.
G-III Apparel Adds Board Members
G-III Apparel Group Ltd. announced the election of Lisa Warner Wardell, executive chairman of the Board of Directors of Adtalem Global Education, and Patti H. Ongman, recently retired chief merchandising officer at Macy’s Inc. and an external advisor to a leading international consulting company, to its Board.
Nike To Pay $5 Million To Lontex Attorneys In Trademark Suit
Nike Inc. will have to pay $4.99 million to cover the attorneys’ fees and expenses that Lontex Corp. incurred in litigating to trial in an infringement case over Lontex’s “cool compression” trademark.
Ontario’s Garb and Gear Source for Sports Closing
Garb and Gear Source for Sports in Owen Sound in Southwestern Ontario is closing as its owners, Brian and Janice Warrilow, are retiring.
