Nike, Inc. has hired Dantley Davis, former chief designer officer at Twitter, as VP of digital design.
Author: SGB Media
Industrial Revolution Bolsters Leadership Team
Industrial Revolution announced it hired Jeffrey King and Chris Teeuwen. King as vice president of finance, will lead planning processes and accounting operations. Teeuwen, as vice president of operations, will streamline the companay’s business processes.
NRF Calls For Visa And Mastercard To Cancel Swipe Fee Increases
The National Retail Federation urged Visa and Mastercard to cancel credit card swipe fee increases scheduled to take effect this month, citing a letter from both Republican and Democratic members of Congress saying higher fees would add to inflation.
Champs Sports Opens Homefield Concept In Pembroke Pines
Champs Sports, part of Foot Locker, Inc., will open the brand’s retail concept store, Champs Sports Homefield, in Pembroke Pines, FL, on April 23. The largest of all Foot Locker, Inc. subsidiaries worldwide totals more than 35,000 square feet.
Pure Fishing Expands Loan Commitments To Support Svendsen Acquisition
Pure Fishing upsized its ABL revolver commitment to $250 million, issued an incremental $100 million first-lien term loan and a $25 million second-lien term loan, and used the proceeds to purchase Svendsen Sport A/S, a European provider of fishing equipment and consumables.
Gregory Appoints General Manager
Gregory promoted John Sears to general manager overseeing global brand strategy and growth.
Rally House To Open In Omaha And Columbus
Rally House announced plans to open new stores in Omaha, NE and Columbus, OH.
USTA Promotes Sherr To CEO And Executive Director
Lew Sherr, the current chief revenue officer of the USTA, has been named USTA chief executive officer and executive director.
TB12 Appoints CEO
TB12, Tom Brady’s apparel brand and wellness company, appointed Grant Shriver as CEO and partner.
Smith Promotes Phares To Global General Manager
Smith, an owned subsidiary and core brand of the Safilo Group, promoted Mark Phares as global general manager of the eyewear and helmet brand.
Skechers Announces Reportable Segment Change
Skechers U.S.A., Inc. announced that it has changed its segment reporting, as the company refined the way it views its business operations and decision-making. Effective the first quarter of 2022, the company will present segment results as Wholesale and Direct-to-Consumer.
RECALL: SI Tech Diving Inflation Valves
About 1,670 Shell Diving Inflation Valves with Int’l Nipples manufactured by SI Tech, of Sweden, are being recalled. Ocean Equipment, of Canada, was the distributor.
ABG Hires Entertainment Exec To Support International Growth
Authentic Brands Group (ABG), announced that sports and broadcast industry leader Kiyoshi Nakamura has joined its efforts in developing new business in the Asia-Pacific and European regions.
REI Increases Investment In Run Category
REI is piloting new store layouts and deepening staff training to support its running departments as part of a bigger investment in the running category.
Anta Sports Sees High-Teens Q1 Growth For Anta Brand
Anta Sports reported retail sales of Anta branded products recorded high-teens positive growth in the first quarter compared to the same period in 2021 while Fila’s retail sales saw mid-single-digit positive growth.
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