PVH Corp. announced that Stefan Larsson has formally become the company’s chief executive officer and joined its Board of Directors, completing a previously announced transition plan. PVH’s former CEO, Manny Chirico, will continue in his role as chairman of the Board of Directors.
Author: SGB Media

Crocs Hires Former Nike Exec As General Manager Of The Americas
Crocs Inc. announced that Emma Minto was hired as senior vice president and general manager, overseeing operations for the brand’s Americas region. Minto formerly spent 16 years at Nike, most recently as vice president and general manager of Nike Women’s, North America.

Super Bowl Consumer Spending Expected To Decline
A poll of 1,500 past Super Bowl viewers found that 38 percent will spend less this year on food and drinks, with 29 percent planning to reduce spend and 9 percent not making any purchases for this year’s game. The decline reflects fewer repeat watchers and fewer gatherings due to COVID-19.

NRF Announces Six Additions To Its Board
The National Retail Federation announced the addition of six members to its Board of Directors, including the CEOs of Target and Kohl’s.

GNC Chief Brand Officer Joins Jack In The Box
Ryan Ostrom, most recently chief brand officer for General Nutrition Centers (GNC), has joined Jack in the Box Inc. as executive vice president and chief marketing officer.

Keen Footwear Expands USA Manufacturing Commitment
Keen Inc announced plans to increase its Portland, OR production by 26 percent driven by demand for its “American Built” Utility boots and hikers assembled in Portland. Also, Keen is expanding its manufacturing relationship with Nester Hosiery, the manufacturer of outdoor socks based in North Carolina.
Hyosung Expands Sustainability Offering Featuring 100 Percent Recycled, Multi-Function Fibers at ISPO Munich Online
As a solutions provider from the mill to brand to consumer, Hyosung forecasts market trends to develop fiber offerings to help its customers envision products that suit these trends. The company will present its latest sustainable and multi-function Regen fibers at ISPO Munich Online February 1-5, 2021. “We are experiencing a significant interested in our […]

Aisle Talk Week Of January 25, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of January 25, 2021 covered in the SGB Updates and delivered to your inbox every business day.

New Running Expo To Launch In Boston In January 2022
Carl Lewis, Dean Karnazes, Susie Chan, Kelly Roberts, Camille Herron and Lazarus Lake are among the runners confirmed to appear at the inaugural Run Show USA, the consumer running exposition scheduled to take place January 29-30, 2022, at Boston’s Hynes Convention Center.

Dunham’s To Open Store In Salina, KS
Dunham’s Sports is opening a store at the Central Mall in Salina, KS.

Adidas Extends Partnership With The Portland Trail Blazers
The Portland Trail Blazers and Adidas announced a multi-year partnership extension showcasing Damian Lillard’s tie to Oregon and Rip City.

Winchester Achieves Record Quarterly Q4 Earnings
Olin Corp. reported sales in its Winchester segment grew 120 percent in the fourth quarter ended December 31 to $340.6 million from $154.7 million a year ago. Operating profit reached $44.8 million, up from $7.0 million a year ago.

Academy Sports Sees Holiday Comps Climb 17 Percent
Academy Sports + Outdoors reported that same-store sales over the nine-week period ended January 2 are estimated to have grown approximately 16.6 percent.

Neiman Marcus Plans Supply Chain Investments, Makes Key Hires
Neiman Marcus Group announced a number of new hires and said it is investing $85 million gross in supply chain innovation, specifically systems and fulfillment centers.

RunSignup’s Annual RaceTrends Report Shows 48.1 Percent Participation Decline
RunSignup’s Annual RaceTrends Report for 2020 shows a 48.1 percent drop in participation amongst the cohort of races that were on the RunSignup platform in 2019 and did hold an event of some type in 2020.