Burton Appoints Chief Strategy Officer
Burton announced the promotion of Ali Kenney, formerly SVP, strategy & insights, to chief strategy officer. As Burton’s first chief strategy officer, Kenney will lead key workaround brand purpose, company strategy, consumer-centricity, sustainability, DEI and growth opportunities.
Anta Expects Sales To Expand 55 Percent In Half
Anta Sports Products Ltd. said it expects sales to expand not less than 55 percent in the six months ended June 30.
REI Presents 2020 Vendor Partner Of The Year Awards
REI presented its 2020 Vendor Partner of the Year Awards. Hoka One One received the Co-Op’s overall 2020 Vendor Partner of the Year award.
USA Cycling Launches 100-Year Anniversary Campaign
USA Cycling announced plans to launch its “We Champion” initiative to kick off its 100-year anniversary. The campaign highlights the organization’s past, current and new commitments to cycling for all as over 33 million riders joined or rejoined the sport in 2020.
BD-Capital Invests In SportPursuit
SportPursuit, an online private sales club in the UK and Germany focused on active lifestyle and sports products, has secured an investment from BD-Capital, a pan-European, operationally-led private equity firm.
Decathlon To Open First Store In Western Canada
Decathlon, the largest sporting goods chain in the world, is expanding to Western Canada with its first store in Calgary.
Nike Extends Contract With Air Force
The United States Air Force Academy and Nike have agreed to a three-year contract extension through May 31, 2024.
Dearfoams Appoints President
Dearfoams announced Jocelyn Thornton as its new brand president. The hiring comes as Dearfoams, best known for its slippers, is moving into multi-category segments including home, sleepwear and socks, and is expanding within the comfort shoe category.
Eliel and Co. Appoints Senior Executives
Eliel and Co., parent company of advanced technical apparel brands Eliel Cycling and endurance brand, Wattie Ink., has hired a third key executive to round out its senior leadership team.
RYU Apparel Sets Goal To Reach $50M In Annual Revenues In 2025
In a mid-year update to shareholders and investors, Rob Blair, COO, RYU Apparel Inc., said the company had set a $50 million net revenue target by 2025. The Vancouver-baed athletic apparel brand intends to reach an operating ratio of more than 35 percent and more than $15 million in EBITDA.
Authentic Brands Group Appoints President Of EMEA
Authentic Brands Group (ABG) announced that Henry Stupp, former CEO, Apex Global Brands, had joined the company as president of Europe, Middle East and Africa (EMEA).
Off-Price Concept To Open In Former Lord & Taylor Locations
Hilco Global announced that its Hilco Retail Solutions platform, in a joint venture with Gordon Brothers, has been working with HBC to launch Shopper’s Find, a new retailer that is opening in former Lord & Taylor locations.
May Retail Sales Continue At Near-Record Levels
Retail sales remained at elevated levels in May despite month-to-month fluctuations that masked near-record performance, the National Retail Federation said. Sporting goods stores were down 0.8 percent month-over-month seasonally adjusted but up 40.9 percent unadjusted year-over-year.
G-III Apparel’s COO To Transition To Senior Strategic Advisor
G-III Apparel Group Ltd. announced that, effective July 1, Wayne Miller would step down as chief operating officer and become a senior strategic advisor to the company.
Mall Owner, Washington Prime, Files For Bankruptcy
Washington Prime Group, a mall owner of more than 100 locations across the United States, filed for bankruptcy to support a debt restructuring.
