JCPenney Appoints CEO
JCPenney announced the appointment of Marc Rosen as chief executive officer, effective November 1, 2021. He most recently led the Americas regions for Levi Strauss.
Hoka To Sponsor UTMB World Series
Hoka, a division of Deckers Brands, has formed a multi-year partnership to become the technical footwear and apparel partner of the UTMB World Series.
San Pedro Bay Ports Announce New Measure To Clear Cargo
In an effort to improve cargo movement amid congestion and record volume, the ports of Long Beach and Los Angeles will begin assessing a surcharge to ocean carriers for import containers that dwell in marine terminals.
Li-Ning Sees Robust Q3 Revenue Gains
China’s Li-Ning Company Ltd. reported same-store sales for the third quarter ended September 30 rose in the high-twenties increase on a year-on-year basis.
Columbia Sportswear Promotes Burns To VP, Investor Relations And Strategic Planning
Columbia Sportswear Company promoted Andrew Burns to vice president, strategic planning and investor relations.
Golf Rounds Played Decline 8.0 Percent In September
According to Golf Datatech, golf rounds played were down 8.0 percent in September but are still ahead 8.4 perfect year-to-date.
JD Sports Acquires Majority Stake In Greece’s Cosmos
JD Sports Fashion Plc announced that it acquired 80 percent of Cosmos Sport S.A. Based in Crete, Greece, Cosmos operates 57 stores in Greece and three in Cyprus under a variety of retail banners and associated trading websites.
Arc’teryx Opens Arc’type Store In Bay Area
Arc’teryx announced it opened its 22nd retail store, and sixth in Northern California, on October 22 in The Village at Corte Madera.
Eddie Bauer To Close All Stores In Japan
Eddie Bauer Japan Co. plans to close all of its approximately 60 stores and online shopping website by the end of December as the brand exits the Japanese market, according to The Japan Times.
Puma-backed French Sportswear Brand Opens Soho flagship
Contemporary urban sportswear brand Ron Dorff opened its first U.S. store at 475 Broome Street in the Soho district of Manhattan.
Puma To Sponsor Northern Colorado Hailstorm FC
Puma announced an official partnership with Hailstorm FC, Northern Colorado’s first professional soccer team.
BN3TH Appoints Product And Merchandising VP
Underwear brand BN3TH appointed Juliet Korver as VP product and merchandising. Her past experience includes product roles at RYU Apparel, Lululemon Athletica and O’Neill Canada.
The Ironman Group Acquires Indoor Cycling App Fulgaz
The Ironman Group announced the acquisition of the indoor virtual cycling app, FulGaz as part of a plan to expand its connected fitness offerings.
NRF Survey: Holiday Spending To Be Even With 2020 Levels
Consumers plan to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families this year, on par with consumer spending last year, per the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics.
VF Corp. Reaffirms Outlook Despite Slight Quarterly Miss
VF Corp. reported revenue climbed 23 percent in its second quarter ended October 2, led by a 31 percent gain at The North Face. Vans sales grew 8 percent and Dickies grew 21 percent. Companywide earnings and sales were slightly below Wall Street’s targets but VF reaffirmed its full-year earnings outlook.
