Columbia Sportswear Company announced the impending retirement of Doug Morse, senior vice president, emerging brands, in the summer of 2021, and the hiring of Craig Zanon to fill the vacancy created by Morse’s retirement. Zanon spent more than twenty years with Nike, where most recently, he served as vice president and general manager of global basketball.
Category: Footwear
Kohl’s Sends Letter To Shareholders Highlighting Board Strength
Kohl’s Corporation, which is facing a proxy fight from a group of Activist investors, mailed a letter to shareholders detailing the collective strength of its Board of Directors, which the retailer said: “has been thoughtfully assembled to incorporate the full range of skills and capabilities required to oversee Kohl’s continued momentum.”
VF Corp. Announces New Appointments To EMEA Leadership Team
VF Corp. announced several new appointments to its EMEA leadership team, impacting Dickies, Napapijri and supply chain management.
OIA Special Report Examines New Outdoor Participant Amid Pandemic
Outdoor Industry Association (OIA) released a special report, “New Outdoor Participant (COVID And Beyond),” exploring Americans’ spike in engagement in outdoor activities amid the COVID-19 pandemic. The report reveals that these new participants are more likely to be female, younger, living in an urban area and slightly more ethnically diverse than existing participants.
Iconix’s Q4 Sales Slid 22 Percent
Iconix Brand Group Inc. reported sales for the fourth quarter of $33.9 million, a 22 percent decline compared to $43.2 million in the fourth quarter of 2019.
Nike Sues Maker Of Lil Nas X’s Satan Shoes
Nike filed a trademark lawsuit on Monday against the company behind Lil Nas X’s “Satan Shoes,” which contain a drop of human blood and a pentagram.
US Lacrosse CEO To Exit After Nearly 40 Years
Steve Stenersen, the CEO of US Lacrosse since the organization’s inception in 1998, announced his intention to depart the organization by the end of 2021. The decision is the outcome of a multi-year series of strategic conversations between Stenersen and the US Lacrosse Board of Directors about succession planning and organizational evolution.
Report: Chinese Boycott Losing Momentum
A Chinese consumer boycott threat against international brands including Nike and Adidas appeared to be losing momentum over the weekend, according to a report from the South China Morning Post.
Sezzle Achieves B Corp Certification
Sezzle is the latest company serving the active lifestyle industry to have received the certification required to achieve B Corp status, joining innovative leaders worldwide to advance important environmental, social, and economic causes.
Academy Sports Posts Record Sales And Earnings In Fourth Quarter
Academy Sports and Outdoors Inc. reported fourth-quarter earnings quadrupled as same-store sales increased 16.1 percent. The sales gains were driven by strong consumer demand across all markets and merchandise divisions, particularly Sports & Recreation. E-commerce sales grew 60.7 percent.
The Carlyle Group Partners With END.
The Carlyle Group has acquired a majority stake in luxury, streetwear and sportswear retailer END. The stake is being acquired from founders Christiaan Ashworth and John Parker, who will retain a significant minority stake and remain co-CEOs.
USTA, ITA Enter Strategic Alliance To Elevate College Tennis
The United States Tennis Association (USTA) and the Intercollegiate Tennis Association (ITA) have entered into a new strategic alliance that formalizes the two organizations’ ongoing collaboration to strengthen and elevate collegiate tennis.
Nordstrom’s Debt Ratings Upgraded To Stable
S&P Global Ratings revised the debt ratings outlook on Nordstrom to stable from negative reflecting its belief that the retailer will demonstrate sequential recovery in operating performance this year, generating more than $1 billion in operating cash flow.
Duca Del Cosma Appoints East Coast Sales Rep
Duca del Cosma, the Italian golf footwear brand, has hired New York-based rep, David Schuster, to cover the Northeast.
Walmart’s Former Sports & Fitness GM Joins Bed Bath & Beyond
Bed Bath & Beyond Inc. hired Jake Griffith, most recently general manager for Sports & Fitness at Walmart, as vice president, product management.
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