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Category: Apparel
Darn Tough Vermont Hires Director Of Quality And Continuous Improvement
Darn Tough Vermont has appointed Chad DeJong as director of quality and continuous improvement.
Will Sports Marketing Change Post-Bribery Scandal?
Will the arrest of Jim Gatto, the director of global sports marketing at Adidas, in the college basketball bribery scheme soon lead to charges against other sports industry execs and an overhaul of sports sponsorships?
Nike’s U.S. Challenges Continue
Andrew Campion, Nike’s CFO and EVP, said on a conference call with analysts, “Given all of these dynamics, just one quarter into the year, it’s unclear, and I wouldn’t say precisely where North America will land for the full fiscal year.”
Khombu Names Breezy Johnson As Brand Ambassador
The first female U.S. ski team member to partner with Khombu, Johnson will serve as the brand ambassador for the Fall/Winter 2017-2018 season
Supra And KR3W Names President
K-Swiss Global Brands (KSGB), a division of the privately held Korean company E-Land Group and owner of the K-Swiss, Palladium, PLDM, OTZ Shoes, Supra and KR3W brands, appointed Steve Harden as president of Supra Footwear and KR3W Denim Co.
Kohl’s Announces CEO Succession Plan
Kohl’s announced Kevin Mansell, Kohl’s chairman, chief executive officer and president will retire in May 2018. Michelle Gass will assume the CEO role at that time. Sona Chawla, Kohl’s chief operating officer, will assume the role of president.
Callaway Golf Extends Partnership With Phil Mickelson
The signing means the five-time major champion will play Callaway equipment for the remainder of his competitive playing career.
Nike’s Q1 Profits Slide
Nike reported earnings slumped 23.9 percent in the first quarter ended August 31 due to flat sales, eroding gross margins and expenses to cover workforce reductions as part of its Consumer Direct Offense. Earnings still came in 9 cents ahead of Wall Street’s consensus target.
Adidas Sports Marketing Head Arrested On Bribery Charges
Jim Gatto, the director of global sports marketing at Adidas, was arrested by the FBI as part of a bribery scheme. Gatto was charged with paying elite high school basketball players and their families up to six-figure sums to go to Adidas-affiliated colleges with promises to later sign with Adidas if they turned pro.
Mission Gets Its Own Heat Lab
In an interview with SGB, Josh Shaw, founder and CEO of Mission, said that beyond apparel, the lab will provide research into beverages, wearables and other areas. Said Shaw, “It’s going to be used to really further all elements related to heat safety.”
Bill Murray’s Golf Line Gains Andy Roddick, Brooklyn Decker And More As Investors
The lifestyle and apparel brand launched by Bill Murray and his brothers announced an investment round that included a lineup of high-profile individuals from sports, entertainment, music and fashion.
Icebreaker Opens First Edmonton Touchlab
The space will be a significant step for Icebreaker in Canada, and will feature the exclusive store launch of the Tabi collection.
ISPO Munich 2017 Draws Record Attendance
More than 86,000 visitors and 2,732 exhibitors attended ISPO Munich 2017, which took place from February 2 to 5.
LiFT23 And Paragon Sports Donate Socks NYC Homeless Shelters
LIFT23 Corp., the ski/snow socks company, in conjunction with Paragon Sports announced a donation of an additional 500 pairs of socks to children in NYC homeless shelters in time for the new school year.
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