Nordstrom announced Farrell Redwine as its new chief human resources officer. Redwine will report to Nordstrom CEO Erik Nordstrom.
Category: Footwear
Report: L Catterton Exploring IPO
L Catterton, which owns Birkenstock, 2XU, West Marine and other consumer brands, has held discussions with banks with a possible initial public offering or SPAC merger, sources told Reuters.
Genesco Shareholders Re-Elect All Company Director Nominees At Annual Meeting
Genesco Inc. announced that, based on a preliminary vote count by its proxy solicitor, shareholders have voted overwhelmingly to re-elect all nine of Genesco’s director nominees to the Board of Directors at its 2021 Annual Meeting of Shareholders. A group of activist investors, led by Legion Partners Asset Management, had been urging shareholders to vote for four of its nominees.
Hibbett Sports Opens In Cedar Hill
Hibbett announced the opening of its third Dallas area Hibbett Sports located in Cedar Hill, TX.
OBIT: Dick’s SG’s Tim Myers
Tim Myers, a long-time employee of Dick’s Sporting Goods who spearheaded the Dick’s Sporting Goods Open, has passed away.
Puma Appoints General Manager Europe
Puma has appointed Richard Teyssier as general manager of Europe, effective September 1, 2021. In this role, Teyssier succeeds Arne Freundt who was appointed as Puma’s chief commercial officer in June.
Under Armour Extends Contract With New Mexico State Athletics
New Mexico State athletics reported Under Armour will remain the official outfitter of NM State Athletics over the course of the next half-decade.
Report: Nike May Run Out Of Vietnamese-Made Sneakers As COVID-19 Accelerates
According to a new analysis from Panjiva, the supply chain research unit of S&P Global Market Intelligence, Nike may run out of Vietnamese-made sneakers due to a halt in production at three Vietnamese plants due to rising COVID-19 infections in the region.
Ross Stores Opens 30 New Locations
Ross Stores recently opened 22 Ross Dress for Less and 8 dd’s Discounts stores across 11 states in June and July. These new locations are part of the company’s plans to add approximately 60 new stores (40 Ross and 20 dd’s Discounts) during fiscal 2021.
NRF Predicts Record Back-To-School Selling
Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released by the National Retail Federation.
Jordan Brand Opens New Dubai Store
Jordan Brand has opened a concept store in the Dubai Mall, the world’s largest mall. Grounded in a sport-focused layout shared with Jordan doors like Jumpman LA, Jordan 1 Hongxing in Chengdu, and Jordan 9 Guanghua in Beijing, the Dubai store “creates a refined sensory space that connects fans of the brand to artistic traditions within the region,” said Nike.
Burlington Stores Appoints President And COO
Burlington Stores Inc. announced that Travis Marquette has been appointed as the company’s new president and chief operating officer, overseeing and managing the company’s stores, real estate, supply chain, and information technology functions.
NBA And Fanatics Open First NBA Store In The U.K.
The National Basketball Association (NBA) and Fanatics announced the opening of the first NBA Store in the UK, located at 14-16 Foubert’s Place in London’s Carnaby, Soho shopping district.
June Retail Sales Increase
Retail sales rose in June, seeing both a monthly increase and the first year-over-year gain since early 2021 as more retailers and other businesses closed by the pandemic reopened, but continued outbreaks remain a threat, the National Retail Federation said.
Puma Lifts 2021 Outlook On Better-Than-Expected Second Quarter
Puma raised its 2021 sales outlook on Friday, boosted by strong second-quarter demand, especially in North America.
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