FLX Rewards program will receive upgrades to its mobile app. FL describes the moves as “significant milestones under its Lace Up Plan.” The rollout in the U.S. follows a successful pilot of the program in Canada in 2023.
Category: Apparel
Italian Teamwear Company Opens U.S. Headquarters and DC
Macron reported an important milestone in its growth plan this past weekend when it opened the brand’s new U.S. headquarters in Bridgeport, CT, attended by Giovanni Maruzzi, Macron’s chief sales officer and CEO of Macron U.S.
Amazon’s Annual Prime Day Returns in July
Over the course of last year, Amazon customers saved nearly $24 billion from deals and coupons—with Prime members enjoying the vast majority of those savings—including over $2.5 billion during Prime Day 2023,
UK Retail Sales Rebound in May
Retail sales in the United Kingdom rose 2.9 percent in May, up from a revised 1.8 percent fall in April, the Office for National Statistics said.
Peak Performance to Open its First London Store
The Scandinavian outdoor brand, owned by Amer Sports, will open a store in Covent Garden, its first in the UK.
Terracea Shifts to Online Only Business Model
Brand shifts focus from niche ski and snow to everyday outdoor apparel using online-only sales model.
Target Corporation Shifts Senior Merchant and Marketing Roles
Christina Hennington, currently chief growth officer, has been named chief strategy and growth officer, Rick Gomez has been appointed chief commercial officer, and Lisa Roath, current CMO, will take on the role of chief merchandising officer of food, essentials and beauty,
Fanatics Becomes Master Licensee of Juventus Under New Partnership
The new partnership runs through the end of the 2024/25 season. Fanatics becomes the master licensee for the Juventus merchandise portfolio and will operate the business from its Fanatics headquarters in Italy.
JCPenney Posts Wider Q1 Loss as Sales Slide 8 Percent
J.C. Penney’s net loss in the first quarter ended May 4 more than tripled to $63 million from $17 million a year ago, according to a financial filing. Sales in the period slumped 8.1 percent to $1.37 billion from $1.49 billion a year ago.
Sports Direct Owner Acquires Luxury Website
Frasers, the U.K.-based parent of Sports Direct, has acquired Coggles, an online seller of designer fashion, from THG as part of a multi-year partnership that also includes Frasers using THG’s technology in some parts of its business.
Target+ Opens to Shopify Sellers in New Partnership
Target Corp. unveiled a new partnership with e-commerce platform Shopify aimed at expanding its digital marketplace offerings. Beginning June 24, merchants currently utilizing Shopify’s services can apply to join Target+, the retailer’s third-party marketplace.
Under Armour Reaches $434 Million Settlement in Shareholder Lawsuit
Under Armour Inc. agreed to pay $434 million to settle a 2017 lawsuit into claims that the company defrauded shareholders about its revenue growth in order to meet Wall Street forecasts.
CSG Again Increases Purchase Price for Vista Outdoor’s Ammo Business
Vista Outdoor, Inc. announced that Czechoslovak Group (CSG) had increased its bid for The Kinetic Group, Vista Outdoor’s ammunition business, by $40 million from $1.96 billion to $2 billion. The higher offer comes as Institutional Shareholder Services (ISS) last week called on Vista Outdoor shareholders to abstain from voting to approve the sale.
Skeeter Boats Appoints New General Manager
John Clark was the assistant GM, and his responsibilities included managing daily operations, staff, facilities, and Skeeter’s long-term vision. He joined the company in 2006.
Tommy Hilfiger and U.S. SailGP Team Ink Global Partnership
The partnership kicks off for the league’s 2025 season, to redefine fashion’s role in sailing and sports role in pop culture.
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