Superfeet will commemorate the 40th anniversary of Superfeet Green Insoles with a name change and redesigned packing, effective July 11, to make it easier for retail employees to recommend the right products and to provide clarity to customers on how each of its products can meet their needs. “For those who know and love Superfeet, […]
Author: SGB Media
Under Armour Makes Senior Leadership Changes
Under Armour reported the company made senior leadership changes, including hiring Marriott veteran Jim Dausch as EVP, chief consumer officer, effective July 24, and promoting Danny Miles to EVP, chief technology officer. Effective July 3, Dan Leraris, UA’s head of apparel, will begin serving as the company’s interim CPO.
Xponential Fitness Defends Itself Against Negative Short-Seller Report
Shares of Xponential Fitness, Inc. bounced sharply on Wednesday, after the franchiser of boutique fitness brands, including CycleBar, StretchLab and Club Pilates, denounced a bearish investor’s report that led to a record selloff in the previous session.
Revo x Darcie Arahill Introduce Fishing Sunglasses With Polarized Lenses
Revo, in collaboration with America’s top female angler, Darcie Arahill, aka Darcizzle Offshore, added to its Darcizzle Offshore collection featuring lightweight glass lenses, and NASA-based technology in two different color frames. The Revo x Darcizzle Offshore collection now includes three unisex sunglasses with polarized lenses. The Dune G is a lightweight sports style with wide temples for […]
L Catterton Appoints Peter Chang As Managing Partner
L Catterton, the consumer-focused investment boutique, hired Peter Chang as managing partner and co-head of Private Credit. With Shahab Rashid, Chang will co-lead the firm’s direct lending strategy.
Nemo Announces 2024 Collection
Nemo’s 2024 collection, with sustainability at the forefront, includes packs and duffels expanding on the brand’s 100 percent recyclable “Endless Promise” Collection, with each product repairable, resellable and recyclable. Products for 2024 include: The bluesign Double Haul convertible duffel, made with a solution-dyed liner and bluesign-approved, PFAS-free, 100 percent recycled fabrics, can transition from a duffel to […]
Signa Sports’ Fiscal Q2 Revenues Slide 24 Percent
Signa Sports United N.V. (SSU) reported a wider operating loss in the fiscal second quarter ended March 31 as sales dropped 23.5 percent. The Berlin-based owner of numerous e-commerce sites focused on tennis, outdoor, and team sports said the results reflect continued weak demand versus pre-pandemic levels and “severely elevated” inventories across the marketplace.
Fanatics Bests DraftKings In Bid For PointsBet’s U.S. Operations
Sports-betting company DraftKings, Inc. is no longer pursuing the acquisition of the U.S. business of PointsBet Holdings, Ltd. The move comes after Fanatics upped its bid for the Australia-based PointsBet’s U.S. business.
Report: Younger Consumers Trading Handbags For Totes, Waist Packs And Backpacks
The $8.8 billion handbag market in the U.S. faces a generational dilemma—younger women are less likely than the older demographic to buy and carry a handbag. Although 18- to 34-year-olds accounted for a decline in the overall handbag market over the past year, sales in totes and shoppers were up 11 percent—fanny, waist and chest packs increased 56 percent.
Nextorch Industries Hires VP Sales & Marketing
Nextorch Industries hired Jordan Brothers as vice president of sales and marketing for North America, overseeing all marketing functions.
Nocs Provisions Introduces Western Tanager Collection
Nocs Provisions, maker of binoculars, monoculars and accessories, launched the Western Tanager Collection, in limited edition, including the Zoom Tube monocular, the brand’s three waterproof binoculars—Standard Issue, Field Issue and Pro Issue—and a limited edition color across Nocs full lineup. The Western Tanager bird is found in the Western U.S. and Canada in coniferous forests […]
REI Names Controller And VP Of Distribution And Fulfillment Operations
REI Co-op promoted Michelle Kirkpatrick to vice president, controller and Ruchi Christensen to vice president of distribution and fulfillment operations.
Vans Names Global Chief Marketing Officer
Vans announced that Drieke Leenknegt had joined the company as global chief marketing officer, effective July 5. Leenknegt joins Vans from its sister brand, Timberland, where she served as its global chief marketing officer.
U.S. Consumer Confidence Reaches 17-Month High
The Conference Board’s Consumer Confidence Index hit 109.7 in June, reaching a 17-month high and topping expectations, marking the highest monthly reading since January 2022 and a pickup from 102.5 in May.
Reima North America Hires Wholesale Experience Manager
Reima North America hired Kelly Buck as the company’s wholesale experience manager. Reima said this strategic addition to the team is a testament to its commitment to delivering excellent service and expertise to its valued wholesale customers.
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