Kim Lupo, formerly Nike’s VP, global total rewards, operations & people analytics, has joined Walmart as senior vice president of total global rewards.
Category: Apparel

Gap Inc. Launches New Fulfillment Capabilities Ahead Of Holiday Season
Gap Inc. said it invested more than $100 million supporting the expansion of fulfillment centers in Phoenix, AZ and Gallatin, TN.
Former Lululemon CFO Joins Chico’s FAS
Chico’s FAS Inc. announced that Patrick Guido, former EVP and CFO at Lululemon, has been appointed chief financial officer.
Lyle & Scott Hires Sales Manager To Lead U.S. Launch
Lyle & Scott, the golf fashion brand based in Hawick, Scotland, has hired Wayne Webster as national sales manager as it launches in the U.S.

Fanatics Partners With The Dallas Cowboys
Fanatics and The Dallas Cowboys announced an exclusive, ten-year merchandise partnership that will see Fanatics open and operate an online and mobile commerce platform for the team.

BN3TH Recruits New Marketing Director
Underwear brand BN3TH has hired Zach Boon as marketing director.

Patagonia To Develop And Scale Circular Solutions In Textiles
Patagonia announced it is collaborating with Natural Fiber Welding Inc. (NFW) to develop and scale circular solutions in textiles.

Deloitte: Holiday Retail Sales Expected to Increase 7-9 Percent
Holiday retail sales are likely to increase between 7 percent and 9 percent in 2021, according to Deloitte’s annual holiday retail forecast. Deloitte also forecasts that e-commerce sales will grow by 11 percent to 15 percent, year-over-year.
Grailed Raises $60M In Funding, Led By Goat Group
Grailed, the online marketplace for luxury streetwear and vintage fashion, raised $60 million in a Series B funding round. The funding was led by fellow resale player Goat Group and with participation from Groupe Artémis, along with existing investors Thrive Capital and Index Ventures.
August Retail Sales Rise Despite Headwinds
Retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending, the National Retail Federation said.

On Surges In IPO Debut
On’s shares shot up 46 percent in its first day of trading on the New York Stock Exchange. The offering for the Swiss running footwear had been priced at $24.00 per share and closed Wednesday at $35.

Columbia Sportswear To Sponsor USA Curling Team
Columbia Sportswear announced a multi-year sponsorship with USA Curling.

Callaway Golf Announces Proposed Public Offering By Selling Stockholder
Callaway Golf Company announced the commencement of a proposed underwritten public offering of three million shares of its common stock offered for sale by PEP TG Investments LP.

JD Sports Posts Record Earnings
JD Sports Fashion Plc reported significantly improved profits in the first half ended July 31 as revenues grew 52.7 percent.

On Announces Pricing Of Initial Public Offering
On announced the pricing of its initial public offering of 31.1 million Class A ordinary shares at a public offering price of $24.00 per share. The running footwear brand had marketed the shares for $20 to $22 each.