Puma Appoints Arne Freundt As Regional General Manager Europe And EEMEA
Puma has appointed Arne Freundt as regional general manager Europe and EEMEA with immediate effect. In this position, Freundt had been Puma’s global director retail & e-commerce.
Activism Paying Off For Patagonia
At a session the NRF Big Show in New York City, Patagonia’s CEO Rose Marcario said the last decade “has been the best decade for us in terms of our business” even as the company has doubled-down on its commitment to sustainability and taken on risks by becoming more politically active around environmental issues. But she regarded Patagonia’s moves to take on hot-button issues as only “a proportional response to what’s going on.”
TeamSnap Tapped By Adidas To Power UK Football Coaches
TeamSnap and Adidas have formed a new partnership that will give UK football coaches, teams, players and parents free access to TeamSnap – the integrated sports management platform.
New Presenters Added To PTR International Tennis Symposium
Professional Tennis Registry (PTR) announced several new presenters have been added to the already stellar line up at PTR International Tennis Symposium. The Symposium will be held February 12-15, on Hilton Head Island, SC.
Ironman Welcomes Santini As Official Cycling And Triathlon Apparel Partner
Ironman announced a multi-year global partnership with Santini, the maker of technical apparel products. As part of the agreement, Santini will become the exclusive cycling and triathlon apparel partner for all owned Ironman races across the world.
Fanatics Partners With Operation Hat Trick
On the heels of surpassing more than $1 million donated to organizations that support its mission since 2014, Operation Hat Trick (OHT) announced its newest partnership with Fanatics.
Fanatics To Come Out With First-Ever Credit Card
Fanatics will introduce its first-ever credit card program as part of a long-term partnership with Synchrony.
Sears Avoids Liquidation With Last-Minute Improved Bid
Sears’ largest shareholder and chairman, Eddie Lampert, won a bankruptcy auction for Sears Holdings Corp., keeping the legendary department store from shutting all its remaining stores.
Puma And Porsche Design Form Strategic Partnership
Puma and Porsche Design have entered into a strategic partnership to bring a new line of high-end sportswear, footwear and accessories to the market, starting in the Spring/Summer 2019 season.
Nordstrom Holiday Same-Store Sales Rise 1.3 Percent
Nordstrom, Inc. announced a comparable sales increase of 1.3 percent for the nine weeks ended January 5. Full-Price sales were below the company’s expectations due to weak traffic and the department store operator now expected fourth-quarter earnings at the lower end of guidance.
Fanatics Seeking To Expand On Online Marketplaces
At a session at the NRF Big Show in New York City, Michael Rubin, founder and executive chairman of Fanatics, said the company will generate a whopping $2.7 billion to $2.8 billion in revenue in 2019, and also indicated that the company’s next major revenue model will be selling on online marketplaces.
Dick’s Ed Stack Discusses Purposeful Leadership At NRF Big Show
At a session, “Company Conscience: Leading With Conviction,” at the NRF Big Show in New York City, Ed Stack, chairman and CEO at Dick’s Sporting Goods, discussed the retailer’s efforts to ensure a work/life balance for its employees and the retailer’s commitment to community that’s reflected both in its Sports Matter funding program and controversial decision to change its gun policy.
Companies Update Guidance In Advance Of ICR Conference
Late Friday afternoon and early Monday morning saw a host of preliminary sales and updated guidance releases from companies presenting at the ICR Conference, being held in Orlando, FL. Here’s a roundup of what retail and consumer brands announced over the last couple of days.
JCPenney Announces Executive Leadership Changes
J. C. Penney Co. Inc. on Monday announced a series of leadership actions taking place over the next few months that will assemble a cross-functional executive team that merges the talents and perspectives of new and existing industry leaders to focus on the needs of the value-based consumer and position the company for growth.
Sportsman’s Warehouse Appoints Martha Bejar To Board Of Directors
Sportsman’s Warehouse Holdings Inc. on Monday announced that Martha Bejar has been appointed to the company’s board of directors, effective February 3, 2019. Following her appointment, the board will include eight members.
