Genesco Names Sandra Harris as New CFO

Sandra Harris was appointed senior vice president, finance and chief financial officer, effective October 7, 2024. She succeeds Thomas A. George, whose planned retirement will take effect on December 12, 2024, to ensure an orderly transition. She joins the company with a strong working background as CFO and in finance leadership roles, including at VF Corp.

Analysts: Nike Could Cut Guidance Tonight

Several analysts expect Nike will lower guidance for the second straight quarter when it reports first-quarter results after the market’s close on Tuesday due in part to weakness in China but also to lower the bar for incoming CEO, Elliott Hill.

Fairfax to Acquire Controlling Ownership of Peak Achievement Athletics

In 2017, Fairfax and Sagard purchased Peak, a portfolio of global brands, including Bauer, Cascade and Maverik. With its roots starting in Kitchener, Ontario, in 1927, Bauer Hockey manufactures hockey equipment and apparel. Cascade Lacrosse and Maverik Lacrosse manufacture lacrosse head protection and equipment.

Gymshark to Open Dubai Store

Gymshark announced plans to open a store in Dubai Mall in the United Arab Emirates (UAE), marking its third permanent store and its first location outside the United Kingdom.