Foot Locker, Inc. announced that its Board of Directors has elected Virginia C. Drosos as a director of the Board. Drosos is currently chief executive officer of Signet Jewelers.
Category: Apparel
Ruffwear Names New President
Ruffwear announced that Will Blount, who has served as president of Ruffwear for 20 years, will step down and Brandan Hill, former head of product development will assume the role of in-coming president.
ABG Appoints SVP Entertainment And Special Projects
Authentic Brands Group (ABG) has announced Matthew Goldstein has joined the company as senior vice president, entertainment and special projects.
U.S. Ski & Snowboard Names New CMO
U.S. Ski & Snowboard announced the appointment of Guy Slattery as the organization’s new chief marketing officer. Slattery was CMO at Vice Media.
Nike Veteran To Lead Harley-Davidson Apparel And Licensing
Harley-Davidson has appointed Erica Bullard, most recently Nike’s VP and general manager of Nike NYC and the East, as SVP Apparel & Licensing.
Canadian Tire Announces Chairman Succession
Canadian Tire Corp., Ltd. announced that Maureen Sabia will retire as chairman and from the Board of Directors following the company’s Annual Meeting of Shareholders on May 12, 2022. She will be succeeded as chairman by J. Michael Owens following his re-election as a director at that meeting.
Compass Diversified Invests In Packaging Firm
Altor Solutions, a subsidiary of Compass Diversified (CODI) and a manufacturer of custom protective packaging solutions and componentry, announced that it has acquired Foam Concepts, Inc. Financial terms of the transaction were not disclosed.
KKR Invests In High School Sports Platform PlayOn! Sports
PlayOn! Sports, a high school sports media company, reached a definitive agreement to receive a significant investment from KKR, the investment firm, alongside PlayOn’s existing shareholder, Panoramic Ventures.
Clarus Corp. Appoints Board Member
Clarus Corporation announced the appointment of James Walker III to its board of directors.
Nikwax And Páramo Founder Nick Brown Hands Company To Its Employees
Nick Brown, founder of Nikwax and Páramo, has passed control and ownership of both brands to his employees, announcing a newly formed Employee Ownership Trust (EOT) to facilitate the transfer of ownership.
Camping World To Acquire Big Daddy RV’s In Kentucky
Camping World Holdings, Inc. announced an agreement to acquire Big Daddy RV’s in London, KY. The acquisition is anticipated to close in late February and will be the company’s third location in the state.
Asics Raises Outlook For The Year
Asics Corp. in a regulatory filing increased its sales and earnings guidance for its year ended December 31. The Japanese-based company cited a better-than-expected performance in Performance Running and Core Performance Sports, as well as in Europe and Greater China.
NRF Report: Economic Growth Likely To Continue
Coming up on two years since the 2020 recession, the U.S. appears to be at the midpoint of an economic cycle that could continue to see growth even as the Fed raises interest rates to bring inflation under control, NRF Chief Economist Jack Kleinhenz said.
RunSignup RaceTrends Report Shows 21.6 Percent Growth
RunSignup released its Annual RaceTrends Report that showed participation in endurance events on its platform in 2020 and 2021 had an average growth rate of 21.6 percent; however, participation was down from the pre-pandemic year.
PGA Tour Superstore To Open Eight Stores In 2022
PGA Tour Superstore said it reached its 50-store milestone in 2021 and plans to open at least eight new stores in 2022. The expansion plan comes as the retailer said it recorded record sales growth in fiscal 2021 while continuing to gain market share.
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