“We haven’t seen numbers this high for this many months in almost two years.” —NRF Vice President Jonathan Gold
Category: Apparel
Delta Galil Appoints New CFO
Lilach Payorski assumes the role of CFO at the end of July. She will succeed Asaf Alperovitz, who has been the company’s CFO since 2019. He will stay on through July to ensure a smooth transition.
Adidas x KoRun to Release Second Collab
Drawing on the band members’ preference for wearing three-stripe Adidas tracksuits, the collection includes a green sequined track top, matching pants with co-branded detailing, additional apparel pieces and custom takes on the Adidas Campus 2.
Candace Parker Appointed President of Adidas Women’s Basketball
Parker steps into the role following her retirement from the WNBA and marking a sixteen-year partnership with Adidas during her pro basketball career.
Mission Appoints CEO and CFO
Jocelyn Thornton, who formerly led Dearfoams, was hired as CEO and Deborah Klemm as its new chief financial officer.
Report: U.S. Sports Participation Increased Across Most Categories in 2023
Pickleball continues to grow in popularity, with the highest percentage increase year-over-year for the fourth consecutive year. Pickleball was up 54 percent in 2023 vs 2022.
Simon Property Group Sells Stake in Authentic Brands Group
Simon Property Group reported it sold the remaining 10 percent stake in brand management firm Authentic Brands Group for $1.2 billion.
Wolverine Worldwide Business Continues to Shrink in Q1 While Turnaround Progresses
Revenue for the ongoing business fell nearly 25 percent in Q1, The parent of the Merrell, Saucony, Wolverine and Sweaty Betty brands said it is beginning to see proof points emerge as early validation of its strategy and execution on its turnaround and transformation plan.
Levi Strauss Settles Lawsuit Against Brunello Cucinelli Over Trademarked Tab
Filed in January 2024, Levi Strauss accused the Italian luxury fashion brand of infringing its trademarked rectangular tab.
JD Sports Opens First Store in the Middle East
The occasion follows the franchise agreement with GMG, announced in July 2023, and a testament to the brand’s global reach and appeal.
Wolverine Worldwide Names New CFO
Taryn Miller was appointed as the company’s chief financial officer. She will succeed Michael D. Stornant, who is retiring after nearly 30 years with the company.
Perry Ellis International Partners with Miami Dolphins
“We aim to capture the essence of confidence and versatility that defines the sports community while offering a fresh take on athlete-inspired fashion.” —Oscar Feldenkreis, President and CEO, Perry Ellis International, Inc.
Puma Returns To Growth In The Americas In Q1
Puma’s sales in the Americas region showed positive sales growth in the first quarter on a currency-neutral basis for the first time in four quarters but reported sales and earnings declined due to unfavorable currency effects and challenging year-ago comparisons. The results were in line with company expectations, and full-year guidance was maintained.
New Era Names Creative Director
Dao-Yi Chow was tapped as creative director and vice president, overseeing the design New Era’s first apparel line—Brand New Era, as well as merchandising and marketing.
Report: Down 98 Percent, Peloton May be Attractive at the Right Price
PTON shares surged in the mid-teens on Tuesday, May 7, after CNBC reported early that several private equity firms had considered a buyout of the connected fitness company.
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