Daniel Leppo most recently served as Bloomingdale’s senior vice president and general merchandising manager, overseeing Cosmetics, Menswear, Children’s, and Home. Leppo started his career at Bloomingdale’s as an intern and was part of the executive training program.
Category: Sports/Fitness

EXEC: Spartoo Improves 2024 Cash Flows Through Improved Inventory Management
Spartoo is signaling that it will continue offering a wide range of footwear, ready-to-wear, bags, and accessories throughout 2024, even as it manages its online inventory more tightly.

Crunch Fitness Franchise Opens Crunch Facility in San Jose
Winchester Fitness, LLC, a franchisee of Crunch Fitness, announced the opening of Crunch Winchester in San Jose, CA. The 22,000-square-foot facility opened its doors officially on March 16.

Monumental Appoints EVP, Chief Strategic and Corporate Comms Officer
AJ Jones, II joins MSE’s senior leadership team overseeing corporate, investor, and ownership communications with its external, internal, and partner stakeholders.

EXEC: Fila Sets U.S. Re-Org and Inventory Sell-Off; Market Re-Entry TBD
The company has essentially shuttered the U.S. business and expects full clearance by strategically selling off Fila USA inventory by the end of 2025, and determine if best avenue for re-entry in the market is direct operations, licensing or a distribution model.

Good Good Golf Secures $45M Funding with Participation from Peyton Manning
The golf, media and lifestyle brand, secured the funding round led by Creator Sports Capital, with participation from Peyton Manning’s Omaha Productions, Manhattan West Private Equity and Sunflower Bank.

KMD Brands Appoints Nike Vet Ashley Reade as Rip Curl CEO
Ashley Reade will join the Australian surf brand in the coming months from Nike, where he is currently the vice president and general manager of Nike Pacific, responsible for growing the region to an AU$1 billion business.

Recall: Segway Kick Scooters
Segway has received 68 reports of folding mechanism failures, including 20 injuries, including abrasions, bruises, lacerations, and broken bones.

Scott USA Launches Consumer-Direct Strategy; Reinforces Support For Key Dealers
This multichannel approach builds on Scott USA’s recently launched Click-and-Collect and Locally initiatives, which “connect consumers with their nearest Scott dealer for in-store purchases or online orders.”

Snipes Names Under Armour Vet as New Chief Marketing Officer, U.S.
The global street culture brand reported that Kelley Walton will lead the marketing organization in the U.S. to include all budget and marketing functions aligned with the company’s long-term vision

Authentic Brands Group Appoints Former Disney Exec as EVP, Head of India
Sanjeet Mehta will oversee the company’s strategy in India, focusing on expanding brand presence, forging strategic partnerships and driving revenue growth, working with Henry Stupp, regional president of the EMEIA.

Nike, Inc. Sees Turnaround Efforts Lasting through Fiscal 2026
Analysts were optimistic about the “Win Now” initiatives outlined by CEO Elliott Hill, but many shared concerns that the path ahead is likely to be long and volatile, pushing into the 2026 fiscal year, which commences in July 2025.

EXEC: The Apparel Brands Bringing the Brand Heat in 2025
The Third Annual Brand Heat Index from L.E.K. Consulting identified the brands to have gaine in popularity, or increasing brand “heat,” across major product categories and generations in women’s and men’s footwear and apparel.

Lids Opens Lids HD Store in LA’s Cerritos Mall
Lids’ HD store concept caters to headwear enthusiasts and consumers who are starting to build their collections by leaning toward exclusive and limited-edition hat drops.

Academy Sports & Outdoors Beats on Q4 Bottom Line; Looks Ahead to Jordan Launch
The company expects the first quarter to be the most challenging from a sales and earnings per share prospective as they plan to open five stores and transition to the new Jordan floor set but see the back half of the year to be stronger than the first half.