G-III Apparel Group, Ltd. hired Dana Perlman as chief growth and operations officer, effective January 8, 2024. Most recently, Perlman spent over ten years working at PVH Corp.
Category: Apparel
The Buckle Appoints Three Execs, Announces Special Dividend
The Buckle, Inc. announced a special dividend of $2.50 per share and several executive appointments, including a VP of Sales; VP, Assistant General Counsel and Assistant Corporate Secretary; and VP of Marketing.
REI to Close Santa Monica Store
REI confirmed plans to close its store in downtown Santa Monica, CA, due, in part, to higher costs of doing business. The two-story, 32,000-square-foot location will close February 29, 2024.
EXEC: Eddie Bauer’s CEO Discusses Modernized Rebrand
Eddie Bauer introduced a new brand evolution and redesigned its logo in September, including bringing back “the goose.” Tim Bantle, Eddie Bauer’s CEO, talked with SGB Executive about the refreshed look of the 103-year-old brand, re-embracing its outdoor roots and its heightened focus on wholesale.
Livsn Designs Secures Funding From RZC Investments
Livsn Designs, a sustainable outdoor apparel brand, reported it raised seed capital led by RZC Investments, a Bentonville, AK-based multi-strategy investment firm on behalf of Steuart and Tom Walton.
EXEC: Circana Reports Outdoor Sales Down 1 Percent Through September
Julia Clark Day presented data that showed sales in the outdoor industry were down 1 percent in dollar terms year-over-year to $27.8 billion in the 12-month period ended September 2023. Unit sales were said to be down 4 percent for the period.
Aerosoles to Expand into Apparel Through License
Aerosoles signed a new licensing agreement with Maze Collections, Inc. for the distribution of career pants, further expanding beyond women’s footwear.
EXEC: UK Retail Foot Traffic Rebounds in November
After suggesting the the UK retail market was hampered by stalled consumer spending in October, the British Retail Consortium reportedly saw a recovery in foot traffic in November, with total UK foot traffic down 0.7 percent year-over-year.
Event Technology Opens Asia Pacific HQ
The company said the new HQ is “strategically located in the heart of the technical fabric industry’s supply chain hub” and houses its engineering, product and finance departments, sales and marketing team to service the Asian commercial market and the executive team under the leadership of company CEO David Liu.”
VF, Vista Outdoor, Wolverine Worldwide Top Most-Read SGB Articles for November
November 2023 featured to usual articles for the start of the holiday shopping season and the end of the retail fiscal quarter, but it was a dramatic job cutting announcement from VF Corporation, parent of The North Face, Vans, Timberland, Dickies and Jansport that got the most attention over the 30-day period.
Consumer Confidence Rebounds in November
U.S. consumer confidence rose in November after three straight monthly declines, with U.S. consumers planning big-ticket purchases, including motor vehicles and houses, over the next six months despite higher prices and interest rates.
Vista Outdoor Appoints Co-CEOs Ahead of Split
As part of the previously announced plan to sell its ammo business to Czechoslovak Group and change the company’s name to Revelyst, Vista Outdoor, Inc. named Eric Nyman and Jason Vanderbrink as co-chief executive officers in a regulatory filing.
WFSGI Rolls Out New Strategic Plan Focused on Physical Inactivity
The World Federation of Sporting Goods Industry (WFSGI) rolled out a new strategic plan last week prioritizing the highest historical rate of physical inactivity.
Champion Names VP, Chief Marketing Officer
HanesBrands announced that Richard Mcleod was named vice president and chief marketing officer of global Champion. He joined the company from Canada Goose, where he was senior vice president of brand.
ICSC Releases Post-Thanksgiving Weekend Survey Results
The International Council of Shopping Centers (ICSC) reported the results of its post-Thanksgiving weekend survey*, which showed that over half of respondents (56 percent) noted that they shopped just as much or more than in the past, an increase of 6 percent from its 2022 survey.