Asics promoted Yasuhito Hirota to CEO. Hirota has been president and COO for four years and will retain those roles.
Category: Footwear
Hey Dude Makes Key Appointments
Crocs announced that Pete Gilmore had joined its newly-acquired Hey Dude casual footwear brand as SVP, supply chain while Katie Wagner becomes VP of Hey Dude’s sales.
KYX World Secures Funding Round
KYX World, a sneaker start-up based in Los Angeles, announced its latest fundraising round led by SeventySix Capital, with further investment coming from other key strategic investors including NBA All-Star DeMar DeRozan and Super Bowl Champion Emmanuel Sanders.
Frasers Group Acquires Studio Retail
Frasers Group has bought online retailer Studio Retail out of administration, the U.K equivalent of bankruptcy proceedings, for £26.8 million ($36M).
REI To Open In Gretna, Nebraska
REI Co-op will open its first Nebraska store in Gretna in fall 2022.
U.S. Golf Rounds Played Drop In January
According to Golf Datatech, U.S. rounds of golf played fell 12.2 percent in January compared to January 2021.
The Buckle Announces Leadership Appointments And Changes To Executive Team
The Buckle, Inc. announced eight leadership appointments to Vice President for the company and changes to its executive leadership team, effective immediately.
Nike Appoints New SNKRS VP
Nike has named Lucy Rouse as its VP/GM overseeing SNKRS, Nike’s marquee app for releases and content, according to an internal e-mail obtained by Complex.
Elevate Outdoor Collective Hires Global Vice President Design/Creative Director
Elevate Outdoor Collective announced it had hired Peter Stolz as global vice president design/creative director.

Emerald Holding Shrinks Loss In Fourth Quarter And Year
Emerald Holding, Inc. reported a smaller loss in the fourth quarter and saw sales more than double as the company benefited from the return of trade show events.

Brooks Promotes Dan Sheridan To President
Following a record-breaking 2021 when Brooks Running exceeded $1 billion in annual revenue for the first time, the company announced that Dan Sheridan would assume a new president and chief operating officer role, partnering with CEO Jim Weber, to support continued growth for the brand.

ABG Partners With New Guards Group For Reebok Europe
Authentic Brands Group announced it has formed a long-term strategic partnership with New Guards Group, owned by Farfetch, for Reebok’s European businesses, luxury collaborations and premium distribution.
Superfeet Hires New CFO; Announces VP Level Promotions
Superfeet announced it hired a new chief financial officer, Cambria Schmidt, to support the company’s domestic and international growth.

Under Armour Announces $500 Million Stock Buyback Program
Under Armour Inc. announced that its Board of Directors has authorized the repurchase of up to $500 million of Under Armour’s outstanding Class C common stock, effective immediately.
Sportsman’s Warehouse Appoints VP Supply Chain/Omnichannel Operations
Sportsman’s Warehouse Holdings, Inc. announced the appointment of Tom Clement as vice president, supply chain/omnichannel operations. In this newly created role, Clement will lead the distribution, transportation, planning/allocation, and omnichannel operations for Sportsman’s Warehouse.