Amazon Announces CEO Transition

Amazon announced that Jeff Bezos will transition to the role of executive chair in the third quarter of 2021 and Andy Jassy will become CEO at that time. Jassy is CEO of Amazon Web Services (AWS).

Nordstrom Canada Appoints SVP, Regional Manager

Nordstrom, Inc. announced that Alix Box has joined the company as senior vice president, regional manager for Canada. Michelle Haggard, who previously served in this role, has retired after 30 years with Nordstrom.

Clarus Sees 23 Percent Q4 Revenue Gain

Clarus Corp said it expects sales in the fourth quarter of 2020 to be approximately $75.0 million, a 23 percent increase year-over-year and ahead of guidance. Excluding the acquisition of Barnes, sales grew 12 percent.

L.L. Bean To Open Store In Dartmouth, Nova Scotia

L.L.Bean is continuing with its Canadian store expansion with a location opening this year in suburban Halifax. North American Development Group (NADG) said that it is welcoming L.L.Bean to Dartmouth Crossing, with its new 15,000-square-foot store scheduled to open in mid-2021.

JD Sports To Acquire DTLR Villa

JD Sports Fashion Plc has entered into a conditional agreement for the acquisition of DTLR Villa LLC, an athletic footwear and streetwear retailer based in Baltimore, MD, for a total cash consideration of $495 million.

PVH Corp. Officially Appoints Stefan Larsson As CEO

PVH Corp. announced that Stefan Larsson has formally become the company’s chief executive officer and joined its Board of Directors, completing a previously announced transition plan. PVH’s former CEO, Manny Chirico, will continue in his role as chairman of the Board of Directors.

Crocs Hires Former Nike Exec As General Manager Of The Americas

Crocs Inc. announced that Emma Minto was hired as senior vice president and general manager, overseeing operations for the brand’s Americas region. Minto formerly spent 16 years at Nike, most recently as vice president and general manager of Nike Women’s, North America.

Super Bowl Consumer Spending Expected To Decline

A poll of 1,500 past Super Bowl viewers found that 38 percent will spend less this year on food and drinks, with 29 percent planning to reduce spend and 9 percent not making any purchases for this year’s game. The decline reflects fewer repeat watchers and fewer gatherings due to COVID-19.

Keen Footwear Expands USA Manufacturing Commitment 

​Keen Inc announced plans to increase its Portland, OR production by 26 percent driven by demand for its “American Built” Utility boots and hikers assembled in Portland. Also, Keen is expanding its manufacturing relationship with Nester Hosiery, the manufacturer of outdoor socks based in North Carolina.

New Running Expo To Launch In Boston In January 2022

Carl Lewis, Dean Karnazes, Susie Chan, Kelly Roberts, Camille Herron and Lazarus Lake are among the runners confirmed to appear at the inaugural Run Show USA, the consumer running exposition scheduled to take place January 29-30, 2022, at Boston’s Hynes Convention Center.