The activewear brand appointed Matthew Wallace, CEO and co-founder of the fashion tech startup DXM, Inc., as chief operating officer. Prior to co-founding DXM in 2020, Wallace worked at PVH Supply, part of PVH Corp.
Author: SGB Media
Columbia Sportswear Appoints Co-Presidents as Part of Succession Plans
Columbia Sportswear Company has appointed Peter Bragdon, Esquire, and Joe Boyle as co-presidents of the company, with Boyle appointed president of the Columbia brand. Bragdon will focus on the company’s International businesses, including the Mountain Hardwear, Prana and Sorel brands, while continuing his existing executive oversight of certain administrative and international distributor sales functions.
Xponential Fitness Hires Chief Legal Counsel
The parent of Club Pilates, StretchLab, YogaSix and other fitness boutiques appointed Gavin O’Connor as its chief legal counsel and administrative officer, effective November 14. Andrew Hagopian, the company’s previous chief legal officer, has separated from the company as of November 10.
Titleist Parent Plans $500M Senior Notes Offering
Acushnet Holdings Corp., the parent of Titleist and Footjoy, announced that its wholly-owned subsidiary, Acushnet Company, intends to raise $500 million through an offering of senior notes due 2033.
Outdoor Sports Marketing Expands Team
Outdoor Sports Marketing (OSM), based in Greenville, SC, hired industry veterans Gaston Farmer and Wendy Stanley as territory reps while appointing Joshua Gibbs as footwear channel lead.
CardVault by Tom Brady Coming to Mall of America
The store officially opens on November 16, becoming CardVault’s ninth location nationwide. Tom Brady will attend the grand opening on November 16, 2025, at 5:00 p.m. in the Mall’s Rotunda.
EXEC: Globeride Lowers FY Outlook Due to Pricing Pressures
Globalride, the maker of golf and fishing products, reported flattish global sales and earnings in the fiscal first six months through September 30, with increasing profits in its home market of Japan offsetting declines in the Americas and Europe. The Japanese firm lowered FY guidance for the year due to “energy and commodity prices.”
Astral Undergoes Layoffs, Raises Prices to Offset Tariffs
Astral Designs announced that it was streamlining its operations, reducing its full-time staff by 14 percent and increasing prices on average by 10 percent at the start of 2026, to offset the impact of tariffs.
Nike Opens Female-Focused Retail Store in London
Nike opened a female-centric store on London’s King’s Road and a shop-in-shop inside Selfridges’ flagship department store at 400 Oxford Street in London.
The RealReal Sees Q3 Revenues Expand 17 Percent
The RealReal, Inc. reported a sharp uptick in adjusted operating earnings in the third quarter, with gross merchandise value (GMV) increasing 20 percent and revenues advancing 17 percent. The luxury resale platform lifted its guidance for the year.
Outdoor Rec a ‘Valuable Asset on America’s Balance Sheet’
A new report, “Outdoor Recreation on Federal Public Lands & Waters: A Valuable American Asset,” released by the Outdoor Recreation Roundtable (ORR), presents a view of how federally funded public lands and waterways fuel the U.S. economy.
Fila Returns to Its Former Biella Home with a Brand Experience Center
Fila, founded in Biella, Italy, in 1911, will open a new Brand Experience Center to the public in its former hometown at Viale Cesare Battisti 26, on November 14. The building is also where the company’s headquarters were located from 1923 to 2004.
Puma Shifts to Licensing Model for Socks and Underwear in the U.S. and Canada
Puma confirmed it has transitioned from a business partnership to an exclusive licensing agreement structure with its long-term partner, United Legwear Company, LLC, enabling the company to sell Puma-branded product, primarily socks and underwear, as well as kids’ apparel and accessories, in the U.S. and Canada.
Purpose Brands Co-Founders Chuck Runyon and Dave Mortensen Named 2026 HFA Hall of Fame Inductees
Co-founders of Anytime Fitness and Purpose Brands, Chuck Runyon and Dave Mortensen, are the final inductees into the 2026 class of the Health & Fitness Hall of Fame.
Adobe: Holiday Spending Drives E-Commerce Sales Ahead 8.2 Percent in October
Enticed by early holiday deals, U.S. consumers spent $88.7 billion online in October, up 8.2 percent year-over-year, according to Adobe’s latest Analytics e-commerce data for the month. Mobile drove the majority of online spend with a 51.4 percent share ($45.6 billion, up 11.6 percent year-over-year) compared to desktop shopping.
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