Authentic and SPARC Group, a joint venture between Authentic and Simon Property Group, are acquiring Eddie Bauer, including its 300 stores and e-commerce business, from a unit of Golden Gate Capital. (Read More)
PacSun announced a leadership transition whereby Alfred Chang, PacSun president, and Michael (Mike) Relich, interim CEO of PSEB Group, will be elevated to co-chief executive officers, and Brieane (Brie) Olson, PacSun’s chief brand officer, will be promoted to president. (Read More)
Tailored Brands appointed Karla Gray, a former VP at Nike's retail operations, as EVP and chief stores officer. (Read More)
U.S. retail sales excluding automotive and gasoline increased 23.3 percent year-over-year in April, and 10.8 percent compared to April 2019, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Online sales in April grew 19.9 percent and 95.6 percent, respectively, compared to the same periods. (Read More)
Puttshack, which recently opened its first U.S. location, announced it has completed a growth capital round of $60 million led by Promethean Investments. The funds will continue to support the company's growth, including additional stores in the UK and U.S. (Read More)
Daiwa Corp. reported that Carey Graves has been promoted to president of American Daiwa, the company’s United States operation. Graves replaces Trevor Teragaki, who has been elevated to board chairman and also represents Daiwa USA as a board member for Globeride, Inc., Daiwa’s Japan-based parent company. (Read More)
Hibbett Sports announced the opening of the newest Hibbett Sports in Richmond, VA. (Read More)
StockX announced the opening of a new authentication center in Melbourne, Victoria. The facility is the company's first in the Australia and New Zealand regions... (Read More)
Icebreaker plans to eliminate from 40-to-50 jobs in its home country of New Zealand in a reorganization designed to better support global growth, according to the NZ Herald. (Read More)
Dorel Industries Inc. reported that its Dorel Sports' segment increased 43.6 percent in the first quarter as continued strong global demand for bikes offset supply chain challenges. (Read More)
