According to the analysis of the ICSC’s survey of 850 shoppers, department stores had a 50.6 percent increase in online spending, followed by apparel retailers with an 11.6 percent increase in e-commerce sales.
Category: Sports/Fitness
ASBA Appoints New Officers and Directors
The American Sports Builders Association (ASBA) announced its officers and directors for the coming membership year.
Gildan’s Ousted CEO Denies Giving M&A Ultimatum to Directors
Glenn Chamandy, the former CEO of Gildan Activewear Inc., issued a statement denying media reports that he gave an ultimatum to the activewear company’s board regarding strategy or potential acquisitions. He also denied that he was involved in succession planning.
Boxto Adds Seven Indie Golf Sales Reps Across U.S.
The manufacturer of leather golf shoes and belts in Leon, Mexico, said in a release “that all of the new reps have decades of industry experience and deep connections with buyers ranging from green grass shops to big box retailers.”
EXEC: Former Giants Star Carl Banks Plots Starter’s Comeback for G-III Sports
Starter, the U.S. apparel manufacturer whose satin jacket was once a fixture in the 1990s on pro team sidelines and music videos, is readying a large-scale comeback with the help of nostalgia, on-trend product and expanded rights with major league teams. Carl Banks, president of G-III Sports, talked with SGB Executive about the brand’s resurgence.
Jordan Brand President Joins Albertsons Board
Albertsons Companies, Inc. reported that Sarah Mensah, president of the Jordan Brand for Nike, Inc., had joined the supermarket chain’s Board of Directors.
Coliseum Capital Co-Founder Joins Gildan Board; Firm Plans Further Investment
After a week of turmoil at Gildan Activewear Inc. with the ouster of company Founder and CEO Tom Chamandy, and pushback from at least two large investors, Gildan found support elsewhere on Monday, announcing a support agreement with Coliseum Capital Management, LLC.
GT Golf Acquires ProActive Sports Group
GT Golf Supplies, Inc., a wholesale golf distributor, reported acquiring the ProActive Sports Group, based in Canby, OR.
Paris Saint-Germain, Lids and Fanatics Open New Store in Toronto
The Paris Saint-Germain (PSG) opened a new club store in partnership with Lids and Fanatics at 399 Queen Street West in Toronto.
TrainingPeaks launches Apple Watch custom workout Integration
TrainingPeaks, the training app for endurance coaches and athletes, released an integration with Apple Watch, allowing users to send structured bike and run workouts from TrainingPeaks directly to the Apple Watch Workout app.
Adidas AG Appoints HR Chief to Supervisory Board
The Supervisory Board of Adidas AG has appointed Michelle Robertson as an Executive Board member, responsible for global human resources, people and culture, effective January 1, 2024.
Association of Golf Merchandisers Honors Top 100 Golf Shops
The Association of Golf Merchandisers (AGM) announced the 2024 AGM Platinum Awards winners, recognizing the Top 100 golf shops.
Costco’s Q1 Profits Top Targets
Costco reported earnings rose 16.5 percent in its fiscal first quarter ended November 26 as same-store sales rose 3.8 percent, including a 2.0 percent gain in the U.S. Earnings topped analyst expectations.
HanesBrands Appoints Former Walmart U.S. CEO as Chairman
HanesBrands announced that its Board of Directors had appointed William Simon as chairman of the board, effective December 31. His appointment follows Ronald Nelson’s decision to retire as chairman and a member of the Board at the end of the year.
November Sales Show Small Gain, Tops Expectations
The Commerce Department reported that retail sales rose 0.3 percent in November over the prior month, stronger than the 0.2 percent decline in October and better than the Dow Jones estimate for a decrease of 0.1 percent.
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