Under Armour is ending its on-field licensing contract with the National Football League, according to a report from the Financial Times. The move will restrict accessory products bearing the Under Armour logo from being worn or displayed on the field during games.
Category: Footwear
PGA Merchandise Show Connects 11,000 Virtually
The 68th edition of the PGA Merchandise Show, January 26 to 29, shifted to a virtual event in 2021 and drew more than 11,000 attendees from 78 countries, including some 6,500 PGA professionals. Exhibitors included nearly 400 golf brands.
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).
Rack Room Shoes Appoints Chief Marketing Officer
Family footwear retailer Rack Room Shoes announced Molly Hartney has succeeded industry marketing veteran Jan Mauldin as vice president-chief marketing officer.
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.
Everlane Hires Nike Exec As First Chief Marketing Officer
Everlane, the direct-to-consumer apparel brand, has hired Sophie Bambuck, former global VP of brand marketing for Nike Sportswear, as its first chief marketing officer.
Deckers Brands Appoints Independent Director To Its Board
Deckers Brands announced the appointment of Maha S. Ibrahim to its Board of Directors, effective February 1.
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.
Bass Pro And Johnny Morris Announce Amateur Fishing Tournament
Bass Pro Shops and founder Johnny Morris announced plans Monday for a national amateur bass fishing tournament to kick off the company’s 50th Anniversary celebration. The event will offer the largest cash prize of any freshwater fishing tournament to date.
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.
NRF Announces Six Additions To Its Board
The National Retail Federation announced the addition of six members to its Board of Directors, including the CEOs of Target and Kohl’s.
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