Nordstrom announced plans to open a new Nordstrom Rack in Omaha, NB in fall 2024, representing the company’s first store of any kind in Nebraska.
Author: SGB Media
Desiknio Hires New Managing Director and Brand Manager
Desiknio, a manufacturer of e-bikes and sister company to Stromer, hired Morten Kristiansen as managing director and Max-Louis Wolff as brand manager.
Plae Hires Chief Brand Officer
Plae, the maker of gym flooring and exercise equipment, hired former The North Face VP Mike Ferris as chief brand officer.
Pursuit Energy Forms Licensing Partnership with Prym1 Camo
Pursuit Energy, the maker of energy drinks, coffees and jerkies for the hunting enthusiast, entered into a licensing agreement with Prym1 Camo, a maker of camouflage patterns.
IKamper Bolsters U.S. Team with Three New Hires
The manufacturer of rooftop tents and gear expanded its U.S. team by adding Callie Pople, Kara Thrift and Matthew Kim.
GSM Outdoors Acquires Phenix Rods
GSM Outdoors reported it acquired Phenix Rods, marking the company’s entry into the fishing rod space.
Gildan Investor Wildfire Spreads as More Firms Join the Call to Reinstate CEO
Anson Funds and Anson Advisors is the latest to express disappointment with the Gildan Board and voiced concerns over the Board striking a backroom deal with an Individual shareholder in exchange for support rather than engaging with investors troubled by poor succession planning.
Crocs Adds Two Board Members
Crocs, Inc. appointed John Replogle and Neeraj Tolmare to its board of directors, effective January 1, 2024. The footwear maker said the appointees “bring new skill sets and extensive brand-building experience in consumer-facing businesses to the Crocs board.”
Study: The Retailers Getting the Most Online Benefit from New Stores
According to the analysis of the ICSC’s survey of 850 shoppers, department stores had a 50.6 percent increase in online spending, followed by apparel retailers with an 11.6 percent increase in e-commerce sales.
EXEC: Authentic’s Reebok Europe Partner Acquired by Korean Retailer
Coupang, Inc., a Korea-based global retailer, reported plans to acquire the business and assets of online luxury retailer Farfetch, Authentic’s partner chosen to manage Reebok in Europe.
Golden Goose Aims to Raise $1.1 Million in IPO
Golden Goose is seeking to raise about €1 billion ($1.1 billion) from an Initial Public Offering (IPO) in Milan.
ASBA Appoints New Officers and Directors
The American Sports Builders Association (ASBA) announced its officers and directors for the coming membership year.
Gildan’s Ousted CEO Denies Giving M&A Ultimatum to Directors
Glenn Chamandy, the former CEO of Gildan Activewear Inc., issued a statement denying media reports that he gave an ultimatum to the activewear company’s board regarding strategy or potential acquisitions. He also denied that he was involved in succession planning.
VF Corp. Data Breach Impacting Ability to Ship Orders
The company detected a cybersecurity breach in its systems on December 13 that is “reasonably likely to continue to have a material impact on the company’s business operations,” including its ability to fulfill online orders.
Boxto Adds Seven Indie Golf Sales Reps Across U.S.
The manufacturer of leather golf shoes and belts in Leon, Mexico, said in a release “that all of the new reps have decades of industry experience and deep connections with buyers ranging from green grass shops to big box retailers.”
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