Currently, Barbie Cameron is the senior vice president and regional director of stores for the East Region. Before that, she was the interim chief stores officer at Macy’s since August 2024.
Category: Apparel
EXEC: Citi Downgrades Nike Shares, Cuts Price Target After Hill Meeting
Nike management indicated that Air Jordan and Air Force One will “still be large franchises” even after inventories are managed lower, but Dunks will “not be a relevant part” of the mix over time.
EXEC: Liberated Brands Store Closings Commence in U.S. Markets
Gordon Brothers has begun closing sales at all 122 Volcom, Billabong, Quiksilver, Roxy, Honolua Surf, RVCA, Beachworks, Becker Surfboards, ZJ Boarding House, Spyder and Boardriders store locations under Liberated Brands’ retail fleet in the U.S.
EXEC: Nordic SG Retailer XXL Sees Q4 Sales Decline
Norway-based sporting goods retailer XXL ASA said it delivered total operating revenue of NOK 7.2 billion in 2024 in a Nordic sporting goods market that persisted to be challenging. Fourth quarter sales declined 1.8 percent year-over-year.
EXEC: Mizuno Corp. Sees Modest Q3 Revenue Growth In Americas Region
Mizuno Corp. reported sales in the Americas region rose 1.2 percent in the third quarter and gained 6.6 percent in the nine-month YTD period. Consolidated global sales in the third quarter grew 4.3 percent to ¥55.8 billion
EXEC: Ahead, Craft, Cutter & Buck Parent Sees Q4 Sales Expand 3 Percent
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson AB, reported that Q4 growth was led by gains in the Sports & Leisure segment and the promo sales channel, with 3 percent growth in the U.S. region.
Coleman, Marmot Parent Sees Q4 Outdoor & Rec Segment Fall 7.9 Percent
Newell Brands, the parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, reported that the company’s Outdoor & Recreation segment saw another revenue decline in the fourth quarter although it was a significantly smaller decline than in recent quarters.
EXEC: Canada Goose Sees China Weakness Offset North America DTC Strength
Canada Goose reported solid gains in its DTC business in North America in its fiscal third quarter ended December 29, boosted by a 22 percent comparable-store hike in December due to the Snow Goose launch. However, planned wholesale declines and weakness in China led to an overall sales decline in the quarter.
EXEC: Under Armour Cautious on North America’s Return to Growth
Under Armour, Inc. reported third-quarter results that exceeded guidance for the third straight quarter with the help of some recovery in North America. However, Under Armour CEO Kevin Plank declined to forecast a return to growth in the region, with the current priority of driving full-price sales.
Michigan Consumer Sentiment Index Declines for First Time in Six Months
Consumer sentiment fell for the first time in six months and is down 10 percent versus a year ago, according to the final January report for the Michigan Consumer Sentiment Index.
Fossil Group Adds Former Adidas and Salomon Execs to Leadership Team
Fossil Group, Inc. appointed Joe Martin, formerly SVP of Wholesale, Team Services and Omni Operations and Marketplace, North America, at Adidas, and Antonio Carriero, previously chief digital and information officer at Salomon, to its executive team.
Mizuno USA Hit by Cyber Attack
Mizuno USA, a subsidiary of Mizuno Corporation based in Peachtree Corners, GA, confirmed in Data Breach Notification letters that unknown hackers stole files from its network between August and October 2024.
Baltimore’s Princeton Sports to Close After Nearly 90 Years
Baltimore’s Princeton Sports announced that after nearly 90 years in business, it will be closing as Co-owners and Brothers Paul and Alan Davis plan to retire.
Costco Comps Grow 9.8 Percent in January Ex-Fuel
Costco Wholesale Corporation reported net sales of $19.51 billion for the retail month of January, an increase of 9.2 percent from $17.87 billion last year.
The Buckle’s Comps Expand Mid-Single Digits in January
The retailer’s comparable store net sales increased 4.4 percent in the four week period ended February 1 year over year.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal