JD Sports Fashion Completes Acquisition of Polish Partner
In the financial year to January 2023, Poland-based Marketing Investment Group generated approximately £270 million in revenue. As of December 30, 2023, MIG operated 403 stores across 13 countries, including 23 JD stores.
Allbirds Makes Two Senior Leadership Appointments
Kelly Olmstead was promoted to chief marketing officer and footwear industry veteran Adrian Nyman was hired to the newly created role of chief design officer. Both were effective in December.
Target Shuffles the Executive Deck in Legal, Operations and Merchandising
Michael Fiddelke has been named chief operating officer, effective February 4 and Rick Gomez and Jill Sando will split categories on the merchant side. Additionally, Target announced the upcoming retirement of chief legal and compliance officer Don Liu.
Asics and Ugg Top Key Movers in StockX Annual Report
Fueled by consumer’s growing obsession with mesh runners, StockX said Asics saw hockey stick growth in 2023, with trades increasing 239 percent and the brand moving from the #10 top-traded sneaker brand in 2022 to #5 in one year.
Jam Collective Adds Three to PR Team
Heather Villanueva is the new PR director, Logan Waddell joins the company as a PR account manager and Cassidy Oonk as the agency’s executive operations manager.
Original Penguin Parent hires Michael Miille as Creative Director
Michael Miille will reportedly spearhead the design and creative vision for the company’s fashion brands, Perry Ellis and Original Penguin by Munsingwear.
Census Bureau Sees Core 2023 Holiday Retail Sales Growth in Line with Inflation
Core retail sales during the 2023 holiday season, November and December combined, reportedly grew 3.8 percent versus the corresponding period in 2022, supported by continued inflation and despite high-interest rates.
EXEC: Gildan Activewear Board Releases Info to Justify CEO’s Ouster
With new CEO Vince Tyra now in his seat early in defiance of a large group of investors and shareholders, Gildan Activewear, Inc. has turned to a strategy to justify the move by its Board of Directors to oust former CEO Glenn Chamandy.
Franklin Sports CFX Pro Batting Glove Series More than Just A Standard Batting Glove
“As players’ needs evolve, it is our commitment at Franklin Sports to strive and create an optimal performance glove that not only looks great but feels even better.” —Adam Franklin, President, Franklin Sports
Winmark Corp. Board Member to Exit
Mark Wilson informed Winmark that he will not stand for re-election to its Board of Directors at its next Annual Meeting of Shareholders in April 2024.
Big 5 Lowers Q4, Full-Year EPS Guidance as Q4 Comps Fall 17.7 Percent
Big 5 now expects to report a loss per basic share in the range of 38 cents to 40 cents, which compares to the company’s previous guidance for a fourth quarter loss per basic share in the range of 20 cents to 35 cents per share.
Livsn Designs Hires Product Manager/Head of Sustainability
Abby Hollis steps into the newly created for the outdoor apparel company.
Event Fabrics Hires New Product Manager
Evelyn Yang is responsible for enhancing the company’s product strategy, new product introductions, product life cycle, pricing, and customer support.
Digital Brands Group to Open First Retail Store in March
The company that boasts “a curated collection of luxury lifestyle, digital-first brands” is forecasting the store to generate over $1.5 million in annual revenue and over $500,000 in annual cash flow.
Academy Sports and Outdoors Appoints Chief Customer Officer
In his role as EVP and chief customer officer Chad Fox will oversee omni-channel, marketing, customer insights, and customer care. Fox joined Academy this month and reports directly to Steve Lawrence, CEO of the company.
