SportPursuit, an online private sales club in the UK and Germany focused on active lifestyle and sports products, has secured an investment from BD-Capital, a pan-European, operationally-led private equity firm.
Category: Footwear
Birkenstock Names New Managing Director For Europe
Birkenstock appointed Nico Bouyakhf as managing director for Europe. He will be responsible for the region across all sales channels, including direct-to-consumer.
Decathlon To Open First Store In Western Canada
Decathlon, the largest sporting goods chain in the world, is expanding to Western Canada with its first store in Calgary.
Nike Extends Contract With Air Force
The United States Air Force Academy and Nike have agreed to a three-year contract extension through May 31, 2024.
Dearfoams Appoints President
Dearfoams announced Jocelyn Thornton as its new brand president. The hiring comes as Dearfoams, best known for its slippers, is moving into multi-category segments including home, sleepwear and socks, and is expanding within the comfort shoe category.
Authentic Brands Group Appoints President Of EMEA
Authentic Brands Group (ABG) announced that Henry Stupp, former CEO, Apex Global Brands, had joined the company as president of Europe, Middle East and Africa (EMEA).
Off-Price Concept To Open In Former Lord & Taylor Locations
Hilco Global announced that its Hilco Retail Solutions platform, in a joint venture with Gordon Brothers, has been working with HBC to launch Shopper’s Find, a new retailer that is opening in former Lord & Taylor locations.
May Retail Sales Continue At Near-Record Levels
Retail sales remained at elevated levels in May despite month-to-month fluctuations that masked near-record performance, the National Retail Federation said. Sporting goods stores were down 0.8 percent month-over-month seasonally adjusted but up 40.9 percent unadjusted year-over-year.
Mall Owner, Washington Prime, Files For Bankruptcy
Washington Prime Group, a mall owner of more than 100 locations across the United States, filed for bankruptcy to support a debt restructuring.
Higg Updates Eco-Disclosure Product Module For Apparel And Footwear
The Sustainable Apparel Coalition (SAC) along with its technology partner Higg, launched the first phase of a transparency program for publicly sharing data on a product’s environmental impact, starting with its materials content.
NRF Calls On White House To Address Port Congestion Challenges
The National Retail Federation delivered a letter to the White House asking to meet with President Biden and other top administration officials regarding the challenges retailers are facing from continued supply chain disruptions that are leading to congestion at U.S. ports.
Poshmark Announces CFO Transition
Poshmark announced that CFO Anan Kashyap would step down after five years with the company.
Happy Socks Appoints U.S. County Manager
Happy Socks hired Kelly Barton as USA country manager. Barton was previously director of marketing and merchandising for BabyBjörn leading its North American business.
Saks Appoints NBA All-Star To Board
Saks has appointed NBA All-Star, entrepreneur and investor, James Harden, as an independent member of its Board. Harden also made a minority investment in the retailer.
Report: Lululemon Sets Up Portland Footwear Office
Lululemon has leased a 28,000 square feet in office space in Portland, OR to support its planned footwear launch later this year, according to Portland Business Journal.
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