Dick’s SG to Hire Fewer Seasonal Workers This Year

The retailer plans to hire nearly 8,000 seasonal workers for this year’s holiday season, a step back from the 8,600 planned hires in 2023. A steady decline in employee turnover since 2021 led DKS to a decrease in the number of seasonal workers this year.

EXEC: Post Earnings Call, Analysts See Slow Recovery for Nike

Shares of Nike, Inc. fell about 7 percent on October 2. SGB Media spoke with eleven Wall Street analysts to explore Nike’s turnaround prospects. Several remain bullish on Elliot Hill’s return as CEO; however, a return to healthy growth might only happen in calendar year 2026.

PrimaLoft Beefs Up Product Team

PrimaLoft, Inc. appointed Chris Gallo as senior vice president of product strategy and Andrea Paulson as senior vice president of innovation and technology. Gallo was most recently at Nobull while Paulson was at Saucony.

Compass Diversified Acquires Lifoam Industries

Compass Diversified announced that its subsidiary, Altor Solutions, a manufacturer of custom protective and cold-chain packaging solutions for the industrial and life sciences markets, completed its previously announced acquisition of Lifoam Industries, LLC.