Nike Moves Tom Peddie Back Into VP/GM of North America Role
Nike, Inc. announced that Tom Peddie will become vice president, general manager of the North America Geography, effective October 21, succeeding Scott Uzzell, who has decided to leave Nike.
EXEC: Swedish Investment Firm Merges Five Companies into Single Sports/Active Entity
Storskogen companies Ullmax, JO Sport, Tennis fashion, Racketdoktorn and On Target have merged into the joint company ASHE, which now constitutes a leading Nordic distribution, sales and marketing partner within sports and active lifestyle.
Perfect Moment Expands U.S. Resale Program to Europe and UK
The company has expanded the availability of its U.S. resale program, Perfect Second Moment, to the UK, Italy, Germany and France.
Mizuno Running Shifts U.S. Sales Regional Management Responsibilities
The restructuring comes as the company seeks to return to double-digit growth within the run specialty channel. The sales management team, now includes three regional managers. Casey Barrett (North), Greg Udzielak (West) and Matt Baum (South).
Thirty-5 Capital Launches Pickleball Apparel Brand with Muev
Muev manufactures thermoregulated apparel for men and women for use on and off the court. The apparel ranges from shirts, socks, and hoodies to dresses, skirts, and hats designed by creators who have worked for Tommy Hilfiger, Lululemon, Nike, and Ralph Lauren.
REI Set to Open College Station Store
The nearly 22,000 square-foot space is the co-op’s 11th store in Texas and will host a grand opening on November 1.
Sportsman’s Warehouse Hires VP of Performance Marketing
Ryan Carroll was appointed VP of performance marketing to lead brand management, creative strategy, trade marketing, integrated sales, and marketing planning.
The Buckle Sees Comps Slide Again in Fiscal September
Net sales for the September fiscal month ended October 5 decreased 2.5 percent to $100.6 million from net sales of $103.1 million for the prior-year 5-week fiscal month ended September 30, 2023.
EXEC: September Footwear Factory Shipments Shine as Key Nike Factory Returns to Growth
Yue Yuen’s Manufacturing business boasted a 26.7 percent year-over-year increase in September, while Feng Tay reported Manufacturing revenues inched up 1.3 percent to NT$6.82 billion in September.
Report: Team Sports Participation Highest in Ten Years
SFIA)released its 2024 U.S. Trends in Team Sports Report breaks down data for 24 team sports by youth and young adult team participation and includes information on coaches, training and trends to watch for in 2024.
Authentic Brands Group and Saks Launch New Luxury Platform
Through its focus on innovation and global expansion, ALG aims to generate growth opportunities and create value for its strategic licensing and distribution partners, each of which bring distinctive positioning, loyal followings and significant global potential.
Costco Comps Grow 8.9 Percent in September Ex-Fuel
Costco Wholesale Corporation reported net sales of $24.62 billion for the five weeks ended October 6, an increase of 9.0 percent from $22.59 billion last year.
Peak Performance Opens First Store in London
Peak Performance opened a concept store on September 27 in London’s Covent Garden. The brand also opens its U.S. online store to consumers.
Rock/Creek Outfitters to Rebrand to Gearhead Outfitters
Chattanooga, TN-based Rock/Creek Outfitters announced it rebranded to Gearhead Outfitters, which it acquired in 2019.
Moose Knuckles Receives Minority Investment from Bosideng
Aligned with the investment, Ayal Twik and Noah Stern, who co-founded the Canadian outerwear brand in 2009, will exit as shareholders.
