Dassault Systèmes announced that the company has entered into a definitive agreement to acquire a majority stake in Centric Software, a provider of product lifecycle management software solutions.
Author: SGB Media
Cherokee Global Brands Updates Guidance After Q1 Loss, Sale Of Flip Flop Shops
Cherokee Global Brands reported a loss for the first quarter ended May 5 of $2.7 million, or 20 cents per share, missing analysts’ consensus estimates by 11 cents per share. The company’s revenue of $5.4 million beat estimates by $0.2 million.
Eddie Bauer Names Damien Huang President
Eddie Bauer announced that Damien Huang has been named president. Huang was most recently Eddie Bauer’s senior vice president of merchandising & design.
Otis Technology Appoints CEO
Otis Technology has appointed Larry Williams as chief executive officer, effective July 9.
Licensing Expo’s Key Attendance Expands
Licensing Expo, held in Las Vegas from May 22 to 24, 2018, saw significant growth in key areas among its attendee base, including a 10 percent increase in retailers and 16 percent increase in first-time attendees.
Rue21 Appoints Laurie Van Brunt President And CEO
Rue21 appointed Laurie Van Brunt president and chief executive officer, Michele Pascoe as senior vice president and chief financial officer and Stephen Sommers as senior vice president and chief marketing officer.
Camber Outdoors Announces Seven Camber Exchanges in June
Camber Outdoors, the active-outdoor industries organization, has announced seven June events in the 2018 Camber Exchange series.
Helly Hansen Joins Chester Race Week as 1st Presenting Sponsor
After a trial run in 2017, Norway-based global outerwear company Helly Hansen has signed on as naming sponsor of what is now “Helly Hansen Chester Race Week” 2018, North America’s largest annual keel boat race week.
Mammut Partners With OutsidePR, Launches New Communications Strategy
San Francisco-based public relations and sports marketing agency OutsidePR has announce a partnership with Mammut Sports Group-North America. OutsidePR will lead media outreach and execute Mammut’s North American media relations strategy.
Former Billabong CEO To Head Gap Chain
Gap Inc. appointed Neil Fiske, the former chief executive officer at Billabong and Eddie Bauer, as president and chief executive officer of Gap brand.
May Retail Sales Up 5.6 Percent Over Last Year
May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation said Thursday. The numbers exclude automobiles, gasoline stations and restaurants.
American Medical Association Endorses Gun Control
The American Medical Association (AMA) endorsed a slate of gun control measures, including a ban on assault-type weapons. The nation’s leading organization of medical professionals described gun violence as a “public health crisis.”
Adidas, Nike Again Dominate World Cup
With FIFA World Cup 2018 starting in Russia, Adidas is sponsoring 12 of the 32 teams, a slight edge over Nike, at 10. Puma has four teams, New Balance has two and Umbro has one team, Peru.
Academy Sports Opens New Store In Columbus, GA
The store is approximately 63,000 square feet and brings approximately 100 new jobs to the community.
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