Newell Brands announced the appointment of Executive Vice President, Chief Financial Officer Christopher Peterson as interim chief executive officer effective June 28. Peterson succeeds President and Chief Executive Officer Michael Polk, who is retiring effective at the end of June as previously announced.
Author: SGB Media
Ex-Billabong Boss Matthew Perrin Released From Jail A Year Early
Former Billabong CEO Matthew Perrin has been released from jail a year before his parole eligibility date, according to the Sydney Morning Herald.
Former Lord & Taylor President Joins Adidas North America
Vanessa LeFebvre, former president of Lord & Taylor, is joining Adidas as SVP of commercial, overseeing the brand’s U.S. wholesale, stores and online businesses.
SFIA Launches Fourth Annual Start-Up Challenge
After hosting 16 start-ups over the last three years, the SFIA Start-Up Challenge returns to SFIA’s annual Industry Leaders Summit on September 25, 2019 in Baltimore, MD.
First Six Businesses Qualify For NSGA Verified Independent Dealer Program
The National Sporting Goods Association (NSGA) announced Tuesday the first six retailers and dealers in the sports industry who have achieved Verified Independent Dealer status.
Amazon Announces 48-Hour Prime Day
This July, Amazon will host its longest Prime Day ever with 48 hours of deals. Prime Day starts at midnight Pacific Time on Monday, July 15, and runs for two full days with more than one million deals around the world.
Jordan Brand Signs Jayson Tatum
Nike’s Jordan Brand signed Jayson Tatum, star forward from the Boston Celtics, to an endorsement deal.
Marcolin Group And Adidas Announce License Agreement
Marcolin Group, one of the worldwide leading companies in the eyewear sector, and adidas, a global leader in the sporting goods industry, have entered into a licensing agreement for eyewear products.
Invest Outside Launches ‘Outside I Can’ Campaign
Invest Outside, a new nonprofit organization on a mission to get more Americans outdoors, last week launched the Outside I Can campaign in partnership with a growing number of businesses, foundations and organizations, including REI and the Outdoor Industry Association.
Pure Barre Announces Partnership With Palladin Consumer Retail Partners
Pure Barre, the largest barre concept in North America, has partnered with Palladin Consumer Retail Partners, a Boston-based private investment firm, to acquire 28 Pure Barre studios in New York’s tri-state region.
MIPS Acquires GlideWear
MIPS has agreed to purchase GlideWear—both the brand and patent rights associated with the GlideWear technology—from Tamarack Habilitation Technologies Inc. for about $1 million, according to Bicycle Retailer and Industry News (BRAIN).
Retailers Back Bill Requiring Congressional Review Of Tariff Hikes
The National Retail Federation welcomed legislation introduced Tuesday that would strengthen congressional authority over tariff increases like those imposed by the Trump administration during the past year.
Hilleberg the Tentmaker … New For Spring 2020 Anaris Ridge Tent
“As with all our tents, we built the Anaris, shown above, not to be the absolute lightest of its kind, but rather the strongest and most reliable at the lightest weight. We have a standard of quality, strength, and comfort that we will not compromise on, and we have had ridge tents in our line […]
Puma Commits To 35 Percent Reduction In Carbon Emissions By 2030
Puma said it’s aiming for a 35 percent reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi).
Academy Sports Debt Ratings Upgraded Following Distressed Exchange
Standard & Poors Corp. raised Academy Sports’ debt ratings to ‘CCC+’ from ‘SD’ (selective default), as expected, a few days after lowering its rating following the retailer’s repurchase of a portion of its senior secured term loan facility due 2022. S&P said its continued negative outlook on Academy “reflects our expectation that weak performance will persist and meaningful operational improvement is unlikely in the next 12 months.”
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