Amazon Announces Prime Day 2023 Sales Event Dates
Amazon announced that the company’s 2023 Prime Day Sale will be held from July 11-12. As in previous years, Amazon Prime Day is a 48-hour sale offering Prime members-only discounts. Last year, Amazon Prime Day ran in more than 20 countries from July 12-13.
EXEC: Vans Seeks Path Back To Growth With New OTW By Vans As The Vault Retires
The Vault by Vans product chapter will conclude by the end of 2023, making way for the launch of OTW by Vans in early 2024 with a distinctive e-commerce experience and be available through a globally-curated selection of wholesale partners.
Backcountry To Open Retail Location At The Grove In Los Angeles
Backcountry, the specialty retailer selling outdoor gear and apparel, plans to open a brick-and-mortar store at The Grove in Los Angeles in July—one of three new stores for 2023.
Pentland Brands Appoints New CFO
Pentland Brands appointed seasoned executive Graham Burridge as its new chief finance officer (CFO). Burridge has over two decades of experience in the consumer and retail sector, having held notable roles at WPP, Disney and Apple.
National Golf Foundation Promotes Nathan To President/COO
The National Golf Foundation promoted Greg Nathan to president and chief operating officer. Joe Beditz, president and CEO since 1989, will remain CEO, working closely with Nathan.
Alibaba Resets Leadership Structure
Alibaba is replacing Daniel Zhang as chairman and CEO. Joseph Tsai, executive vice chairman and a co-founder, will become chairman while Eddie Wu, chairman of e-commerce at Alibaba’s Taobao and Tmall businesses and co-founder, will take over as CEO.
Christy Sports Opens Re-Branded Big Sky Location
Christy Sports opened its newly rebranded store in Big Sky, MT, previously Grizzly Outfitters. The store is now Christy Sports Big Sky Town Center and marks Big Sky, Montana’s second Christy Sports location.
Ross Stores Sets Long-Term CEO Succession Plan
Ross Stores, Inc.’s Board of Directors approved a new employment agreement with Barbara Rentler, vice chair and chief executive officer, extending through March 31, 2027. The new agreement allows Rentler to continue as CEO through January 31, 2026. By that date, the Board expects to have selected her successor.
Amer Sports’ Debt Ratings Upgraded By S&P
S&P Global Ratings upgraded the debt ratings of Amer Sports Holding Oy due to the company’s robust operating performance, thanks to a strong performance in China, the continuous acceleration of the Arc’teryx brand, and positive momentum in its footwear division driven by the Salomon brand. Amer’s sales grew 30.3 percent in 2022.
Fanatics Partners With LaLiga On Omnichannel Retail And Manufacturing Partnership
European football league LaLiga launched its first online retail shop with Fanatics as part of a wide-ranging omnichannel retail and manufacturing partnership.
Reebok Enters Into Smart Eyewear Licencing Agreement
Innovative Eyewear, Inc. announced that through an agreement with Authentic Brands Group, it had licensed the Reebok brand for smart eyewear.
VF Corp. Appoints New CEO to Lead Parent of The North Face, Vans And Timberland
VF Corporation’s Board of Directors appointed Bracken Darrell as president and CEO, effective July 17. Darrell joins VF Corp. from Logitech International SA, where he has been president and CEO since 2013.
Deep Tech Insoles Maker Closes Investment Round
Arion reportedly closed on a multi–million dollar investment round for parent company Atogear to be used to develop further its proprietary technology platform decoding human movement worldwide.
Puma Sets Up Leadership Changes In Greater China Region
Puma appointed Shirley Li as its new GM in China. Philippe Bocquillon will move into the role of Puma’s area manager for Greater China. Paul Yu will remain GM of Taiwan, and David Lu is replacing Li as commercial director in China.
Zappos Sees Chief Marketing Officer Exit
Zappos’ chief marketing officer Ginny McCormick has exited the company, according to a report from Adweek, which indicated the circumstances surrounding McCormick’s departure were unclear.
