Macy’s Inc. announced that Karen Hoguet, chief financial officer since 1997, has decided to retire in February 2019, at the completion of the company’s fiscal year.
Category: Apparel
Janji To Open Pop-Up Shop For Boston Marathon
Janji, the socially-conscious run apparel brand, is partnering with GU and JayBirds on a pop-up at the Boston Marathon.
Good News On Tariff Front For Apparel, Footwear, Outdoors Industries
Apparel, footwear and outdoors products weren’t caught directly in the crosshairs of the escalating trade war with China on Wednesday, allowing those industries to take a “deep sigh of relief,” said Matt Priest, president and CEO of the Footwear Distributors and Retailers of America.
OIA Issues Statement On China Tariffs
The Outdoor Industry Association (OIA) said that while apparel, footwear and travel goods were not included on the United States Trade Representative’s initial list of products from China subject to higher tariffs, the organization will will continue to make the case that outdoor products should not be included on the final list.
SFIA Relieved Sports & Fitness Products Are Not Target of Tariff Increases
SFIA said that while no sports and fitness products coming from China were targeted by the Trump administration for additional tariffs.they remain a potential target for tariffs, should the administration move to punish China even further.
Nike COO To Deliver University Of Montana Commencement Speech
The 2018 Spring Commencement ceremonies at the University of Montana on Saturday, May 12, will be delivered by Eric Sprunk, the chief operating officer for Nike Inc.
VF Corp. Completes Acquisition Of Icebreaker
VF Corp. has completed the company’s previously-announced acquisition of Icebreaker Holdings, Ltd., a privately-held company based in Auckland, New Zealand. The purchase price was about $200 million.
Apparel And Footwear Spared From China Tariff List
The Office of the U.S. Trade Representative released its list of about 1,300 Chinese exports – worth about $50 billion annually – that it intends to target with 25 percent tariffs. The list doesn’t target apparel and footwear products directly, but it does include the machinery and tools used to produce those products.
Under Armour Erodes, Adidas Grows At Hibbett Sports In 2017
According to Hibbett Sports’ 10-K report, sales of Under Armour fell sharply at the retailer in 2017, while sales of Adidas more than doubled.
Adam Sussman Talks Up Nike’s Digital Connections
At a keynote session at Shoptalk in Las Vegas, Adam Sussman, Nike’s chief digital officer, discussed the brand’s digital transformation and how Nike is tailoring its approaches to best connect with three distinct customer segments: the Weekend Runner, Style Shopper and Dedicated Sneakerhead.
BIG3 And Adidas Announce Major Multi-Year Partnership
BIG3 and Adidas announced a three-year partnership in which Adidas will be the official outfitter of the three-on-three league and will also support the league’s commitment to grassroots and community initiatives in local markets.
OBIT: Bob Beattie
Bob Beattie, founding coach of the U.S. Ski Team and one of the originators of the Alpine Ski World Cup, has passed away at the age of 85.
Newell Brands To Nominate David Atchison To Board of Directors
Atchison is the final independent nominee pursuant to the cooperation agreement Newell Brands entered into with Carl C. Icahn, chairman of Icahn Enterprises LP (IEP), on March 19.
Soccer Garage Renews Partnership with LA Galaxy San Diego
Soccer Garage and LA Galaxy San Diego announced the renewal of their agreement featuring Adidas gear.
CODI’s Debt Ratings Downgraded
Moody’s Investors Service downgraded Compass Group Diversified Holdings LLC’s Corporate Family Rating (CFR) to B1 from Ba3 for the company’s proposed refinancing of existing credit facilities.
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