Reebok Signs Licensing Partner For Middle East And Africa

Authentic Brand Group (ABG) announced that Al Boom Marine (ABM), a company under the portfolio of Scope Investment, will become the operating partner for Reebok in the GCC, the Middle East, including Iraq and Lebanon, and North Africa, which includes Algeria, Egypt and Morocco.

Outdoor Cap Promotes Harris As President

Outdoor Cap announced that it had promoted its chief sales officer, Jeanelle Harris, to president of the company immediately. Harris succeeds Jim Haworth, who announced his upcoming departure to serve as Executive Chairman to NOW Diagnostics, a health testing company.

VF’s Q3 Earnings Tops Wall Street’s Targets, Sales Jump 22 Percent

VF Corp. reported earnings on an adjusted basis rose 45 percent in the third quarter ended December 31 and topped Wall Street’s estimates. Sales grew 22 percent led by 28 percent growth at The North Face. Sales grew 8 percent at Vans, 11 percent at Timberland, and 4 percent at Dickies. VF reaffirmed its EPS outlook for the fiscal year while slightly lowering its sales outlook due to lowered growth expectations at Vans.

Lululemon Adds Board Member

Lululemon Athletica, Inc. announced that Alison Loehnis, president of luxury and fashion at Yoox Net-a-Porter, has been appointed to serve on its Board of Directors.