Effective August 31, 2024, Stephen Keller will assume the role of chief financial officer at Compass Diversified (CODI), succeeding Ryan Faulkingham. Faulkingham, who has served as the company’s CFO since July 2013
Category: Apparel
Skechers Signs Football Legend Ruud Gullit
The former Netherlands National Team Captain will appear in Skechers marketing campaigns as the brand’s first ambassador for Benelux.
Rally House Opens Third Store in Texas
The new Rally House store in Deerbrook Marketplace opened in Humble, TX offering a comprehensive selection of officially licensed apparel paired with the officially licensed team merchandise.
Adidas and Patrick Mahomes Sign Six Texas Tech Student/Athletes to Team Mahomes
Adidas and Patrick Mahomes signed six student-athletes at Texas Tech University to NIL deals on August 23. The contracts follow just weeks after Adidas signed a deal with school to be the official footwear, uniform, apparel, and accessory partner of the Texas Tech Red Raiders.
Adidas Originals x Edison Chen Release The Clot August Collection
Adidas Originals and Edison Chen debuted the next chapter of their collaboration with the updated Clot Gazelle in linen khaki and blue and their first global apparel range with the Clot August Collection by Edison Chen.
Johnnie-O Welcomes Dave Neville as Senior VP of Marketing
Neville brings over two decades of experience in marketing and brand management, with a career that includes senior roles at Callaway Golf. He has also been at the forefront of digital and social media trends and content marketing, hosting the Callaway Talks YouTube show and The Fitting Room podcast.
Rhone Signs LPGA Tour Athletes Lilia Vu and Lauren Hartlage
“We at Rhone cannot wait to be alongside these athletes as they deal with the everyday challenges of high-performance sports.” — Emma Crepeau, Chief Growth Officer, Rhone
The Buckle Reports Shrinking Q2 Profit as Comps Continue Slide
Comparable store net sales for the second quarter decreased 6.6 percent year-over-year. Online sales decreased 15.2 percent to $37.0 million in Q2, compared to net sales of $43.6 million for the 2023 Q2 period.
EXEC: Globe Intl Sees Fiscal Year Profit Upside as Apparel Grows
North America total segment revenue was A$82.5 million for the fiscal year, compared to A$94.1 million in the prior year. Globe and Impala stabilized after clearing of inventory in FY23; both returned to positive EBIT contribution.
Report: Resale Market for Nike and Jordan Brands Down Double-Digits
StockX said its data shows a diversified portfolio of brands locking in the top spots for year-over-year growth, including Asics (+589 percent), Adidas (+88 percent), and Yeezy (+23 percent). Cornerstone silhouettes from brands like Jordan and New Balance have dropped in average price.
Ross Stores Gets Q2 Profit Bump on Solid Comps; Still Has H2 Consumer Concerns
The company said its improved profitability relative to last year resulted from higher sales and lower distribution and incentive costs, which were partially offset, as expected, by lower merchandise margins.
New Fleet Feet Franchise Opens in Arizona
The new store is the first location for owners and operators Tom and Nikki DeBole. Fleet Feet said Queen Creek is one of the fastest-growing towns in the U.S.
Urban Outfitters Reports Solid Q2 Results Despite Decline at Namesake Brand Stores
Comparable Retail segment net sales increased 7.1 percent at Free People and 6.7 percent at Anthropologie and decreased 9.3 percent at Urban Outfitters. Nuuly segment net sales increased by 62.6 percent.
Unifi, Inc. Narrows Fiscal Q4 Loss on Americas and Brazil Segment Share Gains
The company reported that subsequent to quarter-end, the company reported that it launched two new innovative Repreve Fiber products that will help support future growth.
BJ’s Wholesale Club Profits Expand in Q2 as Comps Increase 3.1 Percent
Excluding the impact of gas, comparable club sales increased by 2.4 percent in the second quarter compared to the fiscal 2023 Q2 period.
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