Dick’s Sporting Goods announced that Navdeep Gupta has been appointed executive vice president, chief financial officer, effective October 1, 2021. Gupta will be responsible for the company’s finance, investor relations, accounting, business development and procurement functions. Current CFO Lee Belitsky will remain with Dick’s as executive vice president and continue to oversee several key areas – supply chain, real estate, construction and GameChanger.
Author: SGB Media
REI Celebrates Store Opening In Orland Park, IL
REI is celebrating the opening of its 20,000-square-foot store in the Village of Orland Park in Illinois with a three-day celebration that runs from August 27-29.

NHL Owners Approve Jersey Ads For 2022/23 Season
The NHL plans to add the jersey patch starting in its 2022/23 season, according to a number of reports.

Topps’ Revenues Surge In Second Quarter
The Topps Company Inc., in its first report since going public, reported sales in the second quarter ended July 4 jumped 77.7 percent, to $212.2 million. The maker of sports and entertainment collectibles raised its outlook for the year.

Under Armour Veteran Joins BlueChip Holdings As Advisor
Todd Montesano, the former senior vice president of global entertainment and partnerships at Under Armour, will join BlueChip Holdings Inc. as a board member and senior advisor.

Lululemon Makes Equity Investment In Genomatica
Lululemon Athletica Inc. made an equity investment in sustainable materials firm Genomatica as part of a multi-year collaboration to bring renewably sourced, bio-based materials into its product assortment. The move represents its first equity investment in a sustainable materials company.

Wilson Sporting Goods Opens NYC Pop-Up Museum Timed With US Open
Wilson Sporting Goods, which has long been the official ball and racket stringer of the US Open, announced opening plans of its New York City pop-up museum and retail shop to celebrate the upcoming sporting event.

Old Navy Overhauls Plus-Size Fashion Line
Old Navy said it will end its practice of separate plus-size sections for women’s clothing in stores and online and begin offering all of its women’s apparel in sizes 0 to 30.

Randolph Sunglasses Appoints VP Of Product
Randolph Sunglasses appointed footwear industry veteran Sunni Fleming as the eyewear company’s VP of product. Fleming was most recently global strategic business unit manager of New Balance’s Made in USA Lifestyle footwear.

Bass Pro and Cabela’s Introduces Club Business Card
Bass Pro Shops and Cabela’s, in partnership with Capital One, announced the launch of its first Club Business credit card for small business owners.

Primary Arms Outbound Marketing Director
Primary Arms announced the promotion of Kenneth Ross to director of outbound marketing.

Target’s Q2 Comps Climb 9 Percent
Target Corp. reported second quarter comparable sales grew 8.9 percent, on top of record growth of 24.3 percent last year.

Hanesbrands To Require All U.S. Office Employees To Be Fully Vaccinated For COVID-19
HanesBrands announced that all U.S. office associates must be fully vaccinated against COVID-19 by October 15, 2021.

Canada Goose Launches Share Repurchase Program
Canada Goose Holdings Inc. announced that the Toronto Stock Exchange (TSX) has approved a normal course issuer bid (NCIB) providing for the purchase for cancellation of up to 5.94 million subordinate voting shares of Canada Goose.

TJX’s Q2 Comps Climb 20 Percent
The TJX Companies, Inc. reported earnings and sales topped Wall Street’s expectations. Open-only comp-store sales increased 20 percent against the second quarter of 2019 with apparel ahead in the low-teens.