Macy’s Inc. has announced that Shawn Outler has been named EVP, chief diversity officer, effective October 29. Outler was previously EVP, licensed businesses, food services and multicultural initiatives.
Author: SGB Media
REI Co-Op To Close All Stores Again On Black Friday, Thanksgiving
For the fourth year in a row, on Thanksgiving day and Black Friday, REI Co-op will close all 153 stores, process no online payments and pay more than 12,000 employees to “Opt Outside” with friends and family.
Brooks Running Co. YTD Sales Jump 29 Percent
Brooks Running Co., which is owned by Berkshire Hathaway, on Tuesday announced record global growth as the company closed out the third quarter of the company’s fiscal year. Year to date, the brand reported a 29-percent increase in global revenue driven by a 32-percent increase in global footwear sales.
September Storms Have Minimal Impact On Southeast Lodging As Winter Season Begins
As of Sept. 30, bookings among participating properties for the winter season at destinations across five southeast states were strong, according to Inntopia in its most recent DestiMetrics Monthly Market Briefing.
Keen Opens “Fan Engagement Center” in Shepherdsville, KY
Keen Inc., a family-owned outdoor and lifestyle footwear brand, on Tuesday opened a product distribution center, which the company is calling a “Fan Engagement Center,” in Shepherdsville, KY.
Luxottica Group’s Sales Expand 3.5 Percent In Q3
Luxottica Group, the parent of Oakley, Ray-Ban and Sunglass Hut, reported net sales in the third quarter of 2018 were up 3.5 percent at constant exchange rates thanks to the strong performance of the Retail division and e-commerce platforms as well as solid growth in Europe, North America and Asia-Pacific.
Garmin Collaborates With Fitabase
Garmin International Inc., a unit of Garmin Ltd., announced a collaboration with Fitabase that will enable researchers to access data from Garmin wearables via the Fitabase platform, providing curated data sets ideal for deep analysis.
Assos Of Switzerland Appoints Next CEO
Assos of Switzerland announced the appointment of Derek Bouchard-Hall as the next CEO of the iconic cycling brand. Phil Duff, current chairman and CEO of Assos of Switzerland, will be stepping down as CEO, but maintaining his role as chairman of the board.
Li-Ning’s Comps Grew In The Low-Teens In Q3
Li-Ning Company Limited said same store sales for the third quarter ended September 30 registered a low-teens increase on a year-on-year basis. In terms of channels, retail (direct operation) and wholesale (franchised distributors) registered a high single digit growth respectively while the e-commerce virtual stores business registered a low-thirties growth.
Columbia Sportswear Appoints Gap’s Former CFO To Board
Columbia Sportswear Company announced that the company’s board of directors has elected Sabrina Simmons to serve as a director and member of the Nominating and Corporate Governance and Compensation Committees, effective immediately.
Perry Ellis Completes Transaction With George Feldenkreis
Perry Ellis International Inc. on Monday announced the successful completion of the company’s acquisition by an entity controlled by George Feldenkreis in which Perry Ellis has become a private company through a $437 million transaction.
New Balance Signs High School Basketball Standout
New Balance has signed high school basketball standout Darius Bazley from Cincinnati to an endorsement deal, according to the New York Times.
Piper Jaffray: Vans And Adidas Still Favs With Teens
According to Piper Jaffray’s 36th semi-annual Taking Stock With Teens survey for Fall 2018, the most notable brand gainers in mindshare with teens have been Vans, Adidas, Lululemon and surprisingly, Crocs. Streetwear and 1990s themes were seen accelerating while Nike’s erosion in teen mindshare appears to be bottoming.
Nike Signs First Esports Ambassador
Nike signed the company’s first ever endorsement deal with an esports athlete, Chinese League of Legends player Jian ‘Uzi’ Zihao.
Q4 Sports Signs Marreese Speights
The former member of the Golden State Warriors’ 2015 championship team joins New Orleans Pelicans’ guard E’Twaun Moore, Indiana Pacers’ guard Darren Collison and Detroit Pistons’ guard Langston Galloway as ambassadors and designers of the Los Angeles-based sneaker brand.
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