Gap Inc. Appoints New Head Of Athleta

Gap Inc. announced the appointment of Mary Beth Laughton as president and chief executive officer of Athleta. She was EVP of Omni retail for Sephora U.S. leading both the e-commerce and stores channels. She previously spent nine years at Nike.

Foot Locker Announces $3 Million Investment In NTWRK

Foot Locker Inc. announced Wednesday its most recent strategic investment in NTWRK, a youth culture e-commerce and content platform. With this $3 million investment, Foot Locker and NTWRK will bring together the world’s best brands utilizing NTWRK’s highly compelling episodic format to release exclusive products, original content and access to the biggest names in youth culture.

Nike CEO: Product And Business Innovation Driving Growth

On Nike Inc.’s first-quarter earnings call with analysts, CEO Mark Parker doubled down on the company’s commitment to innovation that he had outlined for investors just a week ago. The self-described “product geek” spent much of the call explaining how innovation should be credited for the company’s outstanding earnings report and also how it will drive the company’s success moving forward.

VF Corp. Targets 7-To-8 Percent Annual Growth

VF Corp. said it is targeting a five-year compounded annual growth rate (CAGR) between 7 percent and 8 percent through fiscal 2024, fueled by VF’s largest brands (Vans, The North Face, Timberland and Dickies) and the company’s international and direct-to-consumer business platforms.

Oros Completes Portland Relocation

Oros has finalized its move into the brand’s new Portland-based headquarters since relocating from Cincinnati. Along with the move, Jeff Nash, formerly at North Face, has been appointed to head up product innovation as chief technology officer and VP of product