Academy Sports + Outdoors Opens Second VA Store
The 77,000-square-foot space in Fredericksburg, VA marks the sixth store Academy has opened in 2023 on its was to its goal of opening 120 to 140 new stores by the end of 2027.
Zamberlan Names Rep Group In Midwest
Zamberlan, the third-generation handcrafted Italian bootmaker, tapped The Hammond Group to represent the brand in the Midwest.
Under Armour to Open First Store in Northern Ireland
Under Armour is opening its first store in Northern Ireland in November with a 2,600-square-foot location at The Boulevard in Banbridge.
EXEC: Wall Street Lukewarm on Nike’s Fiscal Q1 Results
Nike’s shares rose 6.7 percent on Friday after the company reported earnings in the fiscal first quarter ended August 31 handily topped expectations on stronger-than-expected margins, but many analysts were non-plussed, remaining concerned about sluggish growth trends, particularly in the North American wholesale channel.
Dainese Group Appoints New CEO
The owner of the Dainese, AGV and TCX motorcycle apparel, helmet, and boot brands and licensee for Momo Design, appointed Angel Sánchez as CEO, effective November 2. Cristiano Silei, CEO of Dainese since 2015, will become non-executive chairman of the company.
Birkenstock Aims for $9.2 Billion Valuation in IPO
Birkenstock is seeking a valuation of up to $9.2 billion in its U.S. initial public offering according to updated documents filed Monday with the Securities & Exchange Commission.
Bloomie’s by Bloomingdale’s Set to Open in Seattle, WA
The smaller store concept by Bloomingdale’s, said to provide a “casual, contemporary, and highly curated experience for shoppers,” will be the third Bloomie’s location to open, with the other stores in Fairfax, VA and Skokie, IL.
Signa Sports to Delist Shares, Terminate SEC Reporting; Appoints New CEO
Signa Sports United N.V. reported an acceleration of its strategic realignment and performance enhancement program in light of continuing macroeconomic headwinds, oversupply in the market and the company’s severe liquidity and profitability challenges. In connection with the strategic realignment, the company is delisting its shares from the NYSE and terminating its SEC reporting requirements.
SGB Media Reports Most Read Articles, Key Metrics for September 2023
SGB Media reported its Top 20 most-read articles, and the coverage included many of the usual big brands and a few companies that have been silent of late. The Top 5 included articles about Sportsman’s Warehouse, West Marine, Dick’s Sporting Goods, Amer Sports, and Asics Corp., with Academy, Champion and Nike seeing high readership.
RealReal’s CFO to Step Down
The RealReal announced that Robert Julian will step down as chief financial officer, effective January 31, 2024, or when the company finds his replacement.
SEC Charges Coleman’s Parent Co, Former CEO With Misleading Investors
The SEC on Friday charged Newell Brands and Michael Polk, its former CEO and current CEO of Implus, with misleading investors over financial accounting practices. The company and Polk agreed to a settlement with the SEC.
Dick’s SG To Open Store in Glen Carbon, IL
Dick’s Sporting Goods plans to open a new store at Orchard Town Center in n Glen Carbon, IL, in spring 2025.
Report: Adidas Appoints New Digital Chief
Scott Zalaznik, Adidas’ SVP of digital, is leaving the company, according to a report from Germany’s Manager Magazin. His successor is Tobias Seemann, who joins the company as SVP of global digital and e-commerce in October.
Kohl’s Names Director of Stores
Kohl’s hired retail veteran Fred Hand as senior EVP and director of stores, reporting to President and Chief Operating Officer Dave Alves. Hand will be part of Kohl’s senior executive leadership team and support the company’s strategic focus to drive store sales and productivity.
Outdoor Gear Exchange to Open Second Vermont Store
Outdoor Gear Exchange, which operates one store in Burlington, VT, plans to open a second in Essex Junction, VT.
