Pou Sheng International (Holdings), Ltd. appointed Li-Chieh Chen as its chief financial officer, replacing Yuang-Whang Liao.
Author: SGB Media
NSGA Adds New Board Members
The National Sporting Goods Association (NSGA) made two changes to its Board of Directors with the appointments of Troy M. Freeman of Winmark Corporation/Play It Again Sports and John Scipio of SV Sports. Their three-year terms took effect on June 1.
Farfetch Completes Minority Investment In Neiman Marcus Group
Online luxury platform Farfetch has closed a $200 million common equity minority investment in US-based integrated luxury retailer Neiman Marcus Group (NMG).
Liberty Ammunition Secures Western Rep Coverage
Liberty Ammunition is teaming up with Maschmedt & Associates.

Dr. Martens Sales Climb 18 Percent In Fiscal Year
Dr. Martens reported revenue of £908.3 million ($1.13 bn) in its fiscal year ended March 31 against £773.0 million a year ago, representing a gain of 18 percent on a reported basis and 22 percent on a currency-neutral basis.
Levi Strauss Introduces Plan To Accelerate Growth
At its Investor Day, Wednesday, Levi Strauss & Co. set a goal to reach 2027 net revenue of $9 billion to $10 billion, reflecting 6 percent to 8 percent organic annual growth. The forecast marks an acceleration from its former annual growth rate in the range of 4 percent to 6 percent.
24 Hour Fitness Appoints President And CEO
24 Hour Fitness announced it appointed Karl Sanft as president and CEO. For the past three years, Sanft has worked at the company as chief operating officer overseeing its nationwide network of clubs.
Industrial Revolution Expands Sales Team
Industrial Revolution has expended its sales team with the addition of the Virginia-based Taku Agency.
Foot Locker Appoints Chief Strategy & Transformation Officer
Foot Locker, Inc. has appointed Neil Bansal as Executive Vice President and Chief Strategy & Transformation Officer, effective immediately. He joins the company from Constellation Brands, where he was senior vice president, strategy, insights and analytics.
Polygiene Appoints COO
Polygiene Group appointed Frank Stevens as chief operating officer for the company. His most recent position was as general manager of Textiles for Sciessent, LLC in the United States, where he worked for more than ten years.
West Marine Appoints Chief Commercial Officer
West Marine, Inc. appointed Stacey Renfro as chief commercial officer. She joins the company’s senior leadership team reporting to Eric Kufel, CEO.
Lax.com Acquires Zimagear
Lax.com, the online lacrosse specialty retailer, announced the acquisition of Zimagear.

Foot Locker’s Debt Ratings Affirmed By S&P
S&P Global Ratings affirmed all its ratings, including its ‘BB+’ issuer credit rating, on Foot Locker following a review.

Wolverine World Wide’s Debt Rating Outlook Revised To Negative
S&P Global Ratings revised its outlook on Wolverine World Wide, Inc. to negative from stable due to an expected increase in leverage due to environmental legal settlement charges and share repurchases. S&P at the same time affirmed all of its ratings, including its ‘BB’ issuer-credit rating.
Houdini Sportswear Debuts SS23 Collection Offering Minimalist Outdoor Approach
Houdini, a circular sportswear company, released its SS23 c0llection for the “Adventure Inspired Functional Life.” This line is 100 percent recyclable, renewable, biodegradable, and bluesign certified. “Adventure Inspired Functional Life is the foundation of the Houdini brand,” said Niclas Bornling, Houdini’s head of brand and DTC. “Our goal for SS23 is to create companion pieces […]