Nike Marketing Veterans Join Jaanuu

Direct-to-consumer medical apparel brand Jaanuu announced it has hired two former top-level executives from Nike, Inc. as it charts its next stage of growth. Dan Alder, former global head of marketing at Nike since 2002, has been appointed chief marketing officer a, and Scott Shepley, an 18 year veteran in global brand marketing at Nike, has joined Jaanuu as VP of brand marketing.

COVID-19 Lockdowns Impact Australian Trade

Kathmandu Holdings Ltd. (NZX/ASX: KMD) (Group) provided the following trading update today following the recent announcement of additional COVID-19 restrictions in New South Wales, Australia.

Truewerk Raises Another $2 Million

Denver-based TrueWerk raised $2.03 million in an equity funding round, according to a Form D filing. This comes after the company reported raising $2.5 million in August.

Fleet Feet Promotes Jason Jabaut To COO

Fleet Feet announced the promotion of Jason Jabaut to COO, effective immediately. The move comes as it realigns the organization and formalizes its plan for growth centered around business development, brand awareness and customer retention.

Burberry’s CEO To Join Ferragamo

Salvatore Ferragamo SpA said it reached an agreement for Burberry Group Plc CEO Marco Gobbetti to become its general manager and chief executive officer at the end of the year.

Arc’teryx Opens Store In Santana Row

Arc’teryx opened a brand store in the Santana Row community of San Jose, CA, offering a full selection of its outerwear, packs, climbing gear, hiking and trail running apparel.

Report: Spanx In Talks On Potential Sale

Spanx, the women’s shapewear brand, has retained Goldman Sachs to explore financial options, including a sale, in a deal that could reach upwards of $1 billion, according to a report from The New York Times.