Sequential Brands Group Inc. announced Karen Castellano as president of Fashion. Castellano will oversee the company’s brands in the fashion division, which includes Jessica Simpson, Joe’s, William Rast and Ellen Tracy.
Category: Apparel
Craft Sportswear Launches New Canadian Headquarters
Craft Sportswear Canada, a division of New Wave Group, announced the launch of the company’s new Canadian subsidiary offices in Ville-Saint-Laurent, Quebec.
Moody’s Downgrades JC Penney’s Debt Ratings
Moody’s Investors Service downgraded JC Penney Company’s Corporate Family Rating to B2 from B1.
Smartwool Partners With GoPro Mountain Games
Smartwool has signed on as the official sock of the GoPro Mountain Games. The annual event is taking place from June 7 to 10, 2018, in Vail, CO.
Newell Brands Announces $2.5 Billion Expansion of Share Repurchase Authorization
Newell Brands Inc. announced that the company’s board of directors has approved an expansion to the company’s stock repurchase authorization.
Adidas Signs Alix Klineman
Adidas announced multi-year partnerships with 2017 AVP Beach Volleyball Rookie of the Year Alix Klineman. The 6’5” athlete from Manhattan Beach will become the face of Adidas Volleyball.
JC Penney To Open Fanatics Shops
JC Penney has partnered with Fanatics Inc. to open 325 Fanatics in-store shops selling team apparel. An additional 325 Fanatics destinations will be open by the back-to-school season.
Eddie Bauer, PacSun Combined Under New Operating Company
Golden Gate Capital announced that the company has established a new operating company, PSEB Group. PSEB will be composed of two Golden Gate portfolio companies: Eddie Bauer and Pacific Sunwear of California. In connection with the establishment of PSEB, Golden Gate will invest additional equity in PSEB to support the company’s growth.
Tony Hawk Touts The Business Benefits Of Perseverance
At a Chase seminar in New York City, Tony Hawk described how the perseverance that he leaned on in becoming a skateboard legend has been equally critical to his success as an entrepreneur.
Under Armour Names Brothers & Co. PR Agency
Under Armour Inc. announced Friday that the company has retained Tulsa, OK-based Brothers & Co. as the company’s public relations agency for the UA Hunt, UA Fish, UA Freedom and UA Tactical categories.
Zumiez Successfully Navigating ‘Channel-Less World’
Zumiez Inc. doesn’t view the world of apparel and footwear retail through the lens of the traditional channels but is instead focusing on how to best accommodate customers no matter when, where or how they shop, according to CEO Rick Brooks,
Aisle Talk Week of June 4
Top headlines from the active lifestyle industry you may have missed this week, including Winnebago acquiring boat manufacturer Chris-Craft.
Lululemon To Repurchase 3.3 Million Shares from Advent International
Lululemon Athletica Inc. announced that the company has agreed to repurchase 3.3 million shares of the company’s common stock in a private transaction with funds affiliated with Advent International Corporation.
Camping World To Open RV Dealerships In Gander Outdoors Locations
Speaking at the Baird’s 2018 Global Consumer, Technology & Services Conference, Camping World CEO Marcus Lemonis revealed that Camping World’s plan all along has been to add RV dealerships to the acquired Gander Mountain locations.
Sherpa Adventure Gear Bolsters Mid-Atlantic Sales Team
Sherpa Adventure Gear announced the company’s newest sales member, Kurt Schumann, for the Mid-Atlantic region.
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