The fiasco consuming the Gildan Activewear Board of Directors continues to worsen as the first large investor that cried foul last week after the Board ousted the CEO has increased its stake in the company and is now urging the company to take immediate action.
Author: SGB Media
Topgolf Breaks Ground in Greensboro, NC
Topgolf recently broke ground on a new two-level venue in Greensboro, NC, set to open in late 2024, and is part of a shopping center development also under construction.
Liberated Brands Gets Nod from Authentic to Manage Boardriders Brands Down Under
Authentic expanded its partnership with Liberated Brands to build the Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper, Honolua, and other businesses in Australia, New Zealand, Thailand, and Indonesia.
Kohl’s Expands Board of Directors to 13 Members with Latest Appointment
Wendy C. Arlin, who, most recently, was the CFO for Bath & Body Works, Inc., reportedly brings more than three decades of experience in corporate finance, financial reporting, oversight and accounting, with deep expertise in the consumer industry.
Frasers Group Acquires Matches
Frasers Group, the parent of Sports Direct, agreed to acquire luxury e-tailer Matchesfashion, recently renamed Matches, for £52 million ($63 million).
Woolrich Appoints Creative Director, Woolrich Black Label
Woolrich named Todd Snyder, founder of Todd Snyder New York, as creative director of its new Woolrich Black Label collection.
Winnebago May See Tough Year Ahead as Fiscal Q1 Backlogs Fall 54 Percent
A 20 percent decline in revenues for the fiscal first quarter ended November 25 was said to be primarily driven by lower unit sales related to market conditions, product mix, and higher discounts and allowances compared to the prior-year quarter, partially offset by carryover price increases related to higher motorized chassis costs.
Canada Goose Appoints Co-President; Shuffles Other Executive Roles
Canada Goose appointed Beth Clymer to the newly created role of president, finance, strategy and administration, effective January 8, 2024. Clymer will oversee finance, people and culture, corporate strategy, and legal matters with those who drive these functions.
Peak Ski Appoints Director of Business Development and Special Projects
Peak Ski Company announced it promoted Catie Park to director of business development and special projects. Most recently, Park was the manager of Peak Ski’s retail operations. Andy Wirth, co-founder and CEO, launched Peak Ski Company, based in Bozeman, MO, in April 2022 with the former Olympic alpine ski racer Bode Miller and has since […]
Vuori Appoints Chief Marketing Officer
Vuori hired Karen Riley-Grant, previously at Levi Strauss & Co., as chief marketing officer, effective January 22.
Delta Apparel Settles with Activist Investor
Delta Apparel, Inc. agreed to appoint Timothy Brog as a new independent director to its board in a move that avoids a proxy battle with Forager Capital Management, an Alabama-based hedge fund management firm.
EXEC: Rip Curl and Oboz See Trailing 4-Month Sales Down Despite Solid Black Friday
Group sales were reportedly down 12.5 percent year-over-year for the four-month fiscal year-to-date period, reflecting “ongoing weakness in consumer sentiment.” Wholesale sales were disappointing for Rip Curl and Oboz brands.
KOA Survey Points to Interest in Winter Camping
Kampgrounds of America, Inc.’s Monthly Report for December 2023 found that approximately 33 percent of campers plan to camp in winter and 58 percent showed some interest, marking a shift toward embracing the outdoors during the colder months.
PrimaLoft Promotes Cavassa to CEO, Joyce to Retire
Compass Diversified appointed Anne Cavassa as CEO of its subsidiary, PrimaLoft Inc., effective January 1, 2024. This move follows Cavassa’s recent appointment as president and as former president and CEO, Mike Joyce, steps into retirement at year end.
The Oberalp Group Hires New PNW Sales Agency for Dynafit, Pomoca
The Oberalp Group, the parent company of Salewa, Dynafit, Pomoca, Wild Country, and Evolv, hired industry veteran Mallory Duncan and his company, Uhuru Mountain Collective, to represent Dynafit and Pomoca in the Pacific Northwest.
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