Wolverine Worldwide Appoints President, Global Operations Group

Wolverine World Wide, Inc. announced the appointment of Jim Zwiers as president, global operations group, responsible for portfolio-wide sourcing, logistics, distribution, customer service, and information technology. Zwiers succeeds Mike Jeppesen, who is retiring after more than 33 years in the footwear industry.

CODI Declares Fourth Quarter 2020 Distributions

Compass Diversified (CODI) declared a quarterly cash distribution of 36 cents per share on the company’s common shares. Said Elias Sabo, CEO of CODI, “As we enter 2021, our capital allocation strategy, unique permanent capital structure, active management style and diverse group of subsidiaries will continue to differentiate CODI.”

Macy’s Names Chief Merchandising Officer

Macy’s Inc. announced that Nata Dvir has been named chief merchandising officer of the Macy’s brand, effective February 1, 2021. She currently serves as Macy’s senior vice president and general business manager for Beauty and Center Core merchandise.

REI’s CEO Sends Year-End Note To Co-Op Members

In a year-end letter to co-op members entitled, “Grateful for Our Community in a Year Like No Other,” Eric Artz, REI Co-op CEO and president, reflected on the accomplishments of the company. He also noted that while the past year had its challenges, it was also one of “profound clarity, focus and learning.”

JCPenney Initiates Search For New CEO

JCPenney, which emerged from bankruptcy proceedings on December 7 under new ownership, said it has launched a search for a chief executive officer to replace Jill Soltau, who will exit the company effective December 31, 2020.

SFIA Releases 2020 Trends In Team Sports Report

Team sports participation increased 3.2 percent in 2019, largely attributed to growth in more popular team sports, such as basketball (2.9 percent), outdoor soccer (4.5 percent), flag football (3.2 percent), and lacrosse (0.8 percent) according to SFIA’s 2020 Trends in Team Sports Report.

MyTheresa Files For IPO In U.S.

German online luxury retailer MyTheresa Group GmbH’s parent company MYT Netherlands Parent B.V filed for an initial public offering in the U.S.

LuckyGunner Announces Ownership Change

LuckyGunner, LLC (LG) announced that it has recently been fully divested by Mollenhour Gross, LLC and has joined 2A Group, LLC, a private investment company solely owned by Jordan Mollenhour.