SGB Executive Apparel

EXEC: Lululemon Opens Massive Distribution Center in Ontario
Lululemon Athletica, Inc. opened a new distribution center spanning over one million square feet in Brampton, Ontario to support fulfillment of the retailer’s e-commerce business across Eastern Canada and the Eastern United States.

EXEC: Decathlon Opens First Airport Store in Europe
Decathlon opened its first and only European airport store at Geneva Airport (GVA) in Switzerland. The French retailer also has airport stores in India and Tahiti.

EXEC: France’s I-Run Acquires Belgian Retailer Trakks
French running store chain I-Run has acquired Belgian running store chain Trakks, including its six physical shops and e-commerce site. The acquisition marks I-Run’s first stores outside France.

EXEC: RevolutionRace to Acquire Icaniwill (ICIW)
RevolutionRace parent RVRC Holding AB has agreed to acquire 90.1 percent of Swedish sportswear brand Icaniwill (ICIW) for SEK 700 million ($72.0 mm). For the twelve months ended June 30, ICIW reported estimated net revenues of SEK 470 million, representing a compound annual growth rate (CAGR) of approximately 37 percent since 2019.

EXEC: Gymshark Hires Chief Technology Officer
Gymshark appointed Shaun Perkinson as chief technology officer, replacing John Douglas who is retiring after five years with the UK-based fitness apparel brand.

EXEC: Puma SE Taps Nike Vet Marcia Dos Santos to Run Core Business Unit
Dos Santos most recently served as VP merchandising women’s, EMEA at Nike but has held a number of roles at company over the last 20 years, including a three-year stint in Beaverton.

EXEC: Dass Group to Close Argentina Footwear Factory, Affecting 150 Jobs
Dass Group, the Brazilian-based manufacturer of athletic footwear and apparel, announced plans to close its footwear manufacturing facility in Eldorado, Misiones Province, Argentina, leading to the layoff of 150 employees.

EXEC: Camel Active Appoints New Sales Agency for Belgium and Luxembourg
Based in Belgium, Dyco Fashion Agency has been active in the market for more than 30 years and manages a portfolio of international brands in the premium mid-market segment.

EXEC: Grassroots President Sees Outdoor Specialty in Best Shape Since Pandemic
In a LinkedIn post, Gabe Maier, president of Grassroots Outdoor Alliance, shared financials from the association’s retail members for 2025 and the first five months of 2026, showing that the independent outdoor specialty channel has recovered from the inventory corrections of 2023 and 2024 and appears to be outperforming big-box chains.

Adidas Appoints New GMs for Central and Southern Europe
Adidas appointed Claus-Peter Mayer as general manager for Central Europe and Olivier Gianina to general manager of Southern Europe.

EXEC: Hugo Boss Urges Shareholders to Reject Frasers’ $2.2 Billion Takeover Bid
Hugo Boss asked its shareholders to reject a $2.2 billion takeover bid from Frasers Group, the parent of Sports Direct, claiming it was saying “financially inadequate.”

EXEC: Pou Sheng’s China Retail Business Accelerates Declines in June 2026
Net consolidated operating revenue for June 2026 declined 2.7 percent year-over-year to RMB 1.46 billion, compared to RMB 1.35 billion in April 2025. Pou Sheng trades and reports in the Chinese Yuan (RMB) currency.

EXEC: Coresight Research Highlights Athleisure as Top Back-To-School Trend
Coresight Research’s “U.S. Back to School 2026” survey identifies Athleisure as the leading fashion trend for the 2026 BTS season, with 37.6 percent of parents citing it as the trend they are most excited about for their school-age kids. Similar to last year, Nike and Adidas lead BTS apparel brand preferences, with Old Navy, Levi’s and Under Armour rounding out the Top 5 most sought-after apparel brands.

EXEC: Beyond Yoga’s Strong Q2 Growth Attributed to Solid Product Offering
There’s a new merchandising approach in regards to Beyond Yoga stores and the company builds slightly bigger stores so it can “bring the full expression” of the brand’s product line.

EXEC: On Holding Names New Chiefs for Global Markets and DTC/Customer Loyalty
On Holding AG promoted Rebecca Cai, currently general manager of APAC, to chief global markets officer, and tapped Alice Delahunt, formerly at Ralph Lauren and Burberry, as chief customer officer. Both moves will be effective in September.









