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Category: Apparel

Mahomes, Tiger, Acquisitions, Job Cuts, and an IPO Drive January’s Most Read Articles

February 4, 2024 SGB Update

What do you get when the first month of the new year features news from a golfer named Tiger, a Statefarm spokesman named Patrick, job cuts, key acquisitions, a looming IPO, and a public fight between a company’s Board and its investors—very busy month for SGB Media.

Under Armour Appoints New SVP, Managing Director for EMEA

February 2, 2024 SGB Update

With nearly 20 years of experience growing high profile brands including Adidas, TaylorMade, Under Armour, and Yeti, Kevin Ross is said to bring proven talent and regional expertise to the company.

Carhartt Redefines Women’s Workwear with Spring 2024 Collection

February 2, 2024 SGB Today

Powered by Tencel Fibers, the workwear brand introduces its lightest, softest gear designed by and for women.

Cordura Eco Fabrics Compliment G-Shock Watch Series

February 2, 2024 SGB Today

Casio America launched the utility black series of watches using Cordura Eco Fabric for the watch bands. 

Filson to Launch Womenswear Collection

February 2, 2024 SGB Today

The 127-year-old Seattle, WA-based American heritage brand expands into the women’s fashion market, launching its first womenswear collection in August 2024.

NRF Economist: Labor Market and Interest Rates Will Play Major Roles in 2024

February 2, 2024 SGB Update

After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend on the labor market and what the Federal Reserve does with interest rates, according to NRF Chief Economist Jack Kleinhenz.

Tony Spring Taking Helm as CEO and Chair-Elect of Macy’s, Inc.

February 2, 2024 SGB Update

Jeff Gennette will continue as chair of the Macy’s Board of Directors until its 2024 Annual Meeting when Spring will take the helm as chair during the meeting.

EXEC: Columbia Cutting 3 to 5 Percent of U.S. HQ Staff on Lowered 2024 Outlook

February 2, 2024 SGB Executive

Bright spots for 2023 included a 27 percent reduction in inventory that helped the company generate over $600 million in operating cash flows for the year, but a sick U.S. market for the Columbia brand and weaker Sorel and Prana performances continue to drag on the business.

Lotto Hires Head of Talent for U.S. Soccer Division; Adds to Athlete Roster

February 2, 2024 SGB Update

Lotto hired former Major League Soccer MVP Mike Magee as the first head of talent for its U.S. soccer division and signed St. Louis City SC vice-captain and defender Tim Parker as an ambassador athlete.

Columbia Sportswear Q4 Profit Falls 26 Percent; Guides Lower for 2024

February 1, 2024 SGB Update

Chairman and CEO Tim Boyle expects 2024 to be a challenging year as retailers place orders cautiously, and economic and geopolitical uncertainty remains high.

Decker Brands Names New CEO Designate as Powers Plans Retirement

February 1, 2024 SGB Update

Dave Powers has decided to retire as president and CEO, effective August 1, 2024. Stefano Caroti, the company’s chief commercial officer, will be appointed president and CEO, effective upon Powers’ retirement.

Unifi, Inc. Sees Flattish Fiscal Q2 Sales Muted by Lower Prices

February 1, 2024 SGB Update

The makers of Repreve and an innovator in recycled and synthetic yarns, reported that net sales were $136.9 million in the fiscal second quarter ended December 31, driven by sales growth that was muted by lower pricing in response to lower raw material costs.

Circana Creates Global Commercial Group as Tim Bush Plans Exit

February 1, 2024 SGB Update

The creation of a Global Commercial organization, which will encompass Circana’s global client verticals and solution groups, will be led by Jeremy Allen in the newly created role of chief commercial officer. 

Ross Stores Appoints President and CMO for DD’s Discounts

February 1, 2024 SGB Update

Karen Fleming, currently group EVP of merchandising for DD’s Discounts, has been promoted to president and chief merchandising officer for the Ross Stores division.

Canada Goose Updates Guidance After Solid Holiday

February 1, 2024 SGB Update

Total revenue for the fiscal third quarter ended December 31 increased 6 percent year-over-year (YoY) to C$609.9 million, or up 5 percent on a constant-currency basis.

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