The parent company of Sports Direct, Everlast, and Slazenger, reported that Ger Wright will leave her role as managing director of Sport at the end of November. Wright will remain on the Group’s Board as a non-executive director.
Category: Apparel
REI Sets Opening of First Kentucky Store
The store, located in the Paddock Shops in Louisville, KY, with a footprint of approximately 31,100 square feet, will open on November 8. It offers online pickup in-store and at curbside and employs 50 people.
EvoShield to Supply UVA with Uniforms and Apparel for 2025 Season
EvoShield will manufacture uniforms for the University of Virginia’s baseball program, marking its first apparel contract with an NCAA Division I school. EvoShield will also create various apparel options for the Cavaliers coaches and staff to wear during team training and off-field.
Rural King Opens its First Store in Georgia
The store boasts a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.
BOA and Primaloft Parent Launches Stock Buyback Program
Compass Diversified, owner of BOA, Primaloft, 5.11 Tactical, Velocity Outdoor and other active lifestyle brands, said its board authorized the repurchase of up to $100 million of stock.
EXEC: REI Selling Four Distribution Centers in Sale/Leaseback Plan
REI is seeking to monetize the value of the DCs through a triple-net (NNN) sale/leaseback transaction with an end of year 2024 Closing.
Rally House Opens Fourth Location in Houston
Rally House announced the grand opening of its latest storefront, Rally House Riverstone, marking the fourth Rally House location to launch in the Houston area this year.
Deloitte Forecasting 8 Percent Bump in 2024 Holiday Season Spending
The firm reported that consumers will bargain shop even if it means choosing value over loyalty. The business advisory firm also sees a ramp up in experience gifting to more than offset flat sales in traditional merchandise.
EXEC: Lululemon Touts International Growth Potential
At an investor event held in Shanghai, Lululemon Athletica officials did not provide any major updates on progress in reviving North America revenues, but analysts told SGB Media that officials laid out a convincing strategy to reach its goal of having international ultimately represent half of sales, fueled predominately by China Mainland.
EXEC: Rip Curl CEO Resigns Two Weeks After Parent Company CEO Resigned
Brooke Farris has given notice of her resignation as Rip Curl brand CEO. The move comes just two weeks after Daly gave his notice to the Board of his resignation after serving as Group CEO since May 2021.
YogaSix Opens First Studio in Germany
The opening of the Frankfurt studio is part of YogaSix’s ongoing global expansion, which includes more openings in Germany and a debut in Japan as a result of a Master Franchise Agreement signed earlier this year. Christophe Collinet and Daniel Hoffman of LifeFit Group are leading the expansion efforts.
Astral Appoints Head of B2B Sales
As head of B2B Sales, Christian Mason will strengthen long-term relationships with key partners for Astral and optimize sales performance across all branded product.
NRF Sees 2024 Holiday Selling Season Growth Lowest Since 2018
“Household finances are in good shape and an impetus for strong spending heading into the holiday season, though households will spend more cautiously.” – NRF Chief Economist Jack Kleinhenz.
Ironman Hires EVP of Global Partnerships
The Ironman Group added Yanni Andreopoulos, formerly at ABB FIA Formula E, as executive vice president of Global Partnerships.
Beyond Yoga Parent, Levi Strauss, Appoints Board Member
Levi Strauss & Co. announced today that its board of directors has elected Daniel Geballe as a board member, effective April 26, 2025. At that time, current member David Friedman will retire from the board.
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