Pacsun Launches Resale Platform

Pacsun has launched “Pre-Loved Pac,” enabling customers to buy and sell pre-owned items for Pacsun credit and shop pre-owned directly through the Pacsun website.

Farfetch Invests In Neiman Marcus

Farfetch,  an online retailer of luxury fashion products, is taking a stake in Neiman Marcus Group as part of a broader strategic partnership that will see Bergdorf Goodman and Neiman Marcus join the Farfetch platform.

Lululemon Makes Executive Appointments

Lululemon has hired Simon Atkins, who formerly led basketball at Adidas, as SVP of footwear and Phil Dickinson, a Nike veteran, as SVP, global creative director. Both report to Sun Choe, chief product officer.

Hypebeast To List On NASDAQ Through SPAC Merger

Hypebeast, the digital media and e-commerce company with a focus on streetwear, plans to list its shares on Nasdaq through a merger with Iron Spark I Inc. The firm also indicated former Nike brand president Trevor Edwards will join its board.

Burlington Stores’ CFO To Retire

Burlington Stores Inc. announced that John Crimmins woulf retire from his position as chief financial officer on August 31, 2022, or the date his successor commences employment.

Bergdorf Goodman Announces Two Executive Promotions

Bergdorf Goodman, which is owned by Neiman Marcus, announced the promotion of Cheryl Han to senior vice president of BergdorfGoodman.com and customer strategy. Melissa Xides has been promoted to senior vice president of Bergdorf Goodman stores and brand operations.

Pacsun To Open Virtual Mall On Roblox

Pacsun is opening an interactive mall experience on Roblox called Pacworld. Working with existing game development studio partner Melon, Pacsun will extend its existing catalogs of virtual items on Roblox, first launched in June 2021, by letting customers sell its virtual goods in a customized digital mall.

Journeys Appoints Creative Ambassador

Journeys said Karl Jacobs would be advising the chain as its creative ambassador. With more than 28 million followers across social platforms, Jacobs will leverage his gaming and retail experience to introduce Journeys to the gaming community.

Report: Texon May Be For Sale

Asian buyout firm Navis Capital Partners is considering a sale of its footwear materials supplier Texon, which could net about $300 million, according to a report from Bloomberg.