SGB Footwear

Puma Appoints New Managing Director For Puma India

Puma has appointed Karthik Balagopalan as the new managing director of Puma India, one of the company’s fastest-growing markets. Balagopalan most recently was Puma’s global director of retail and e-commerce. He replaces Abhishek Ganguly.

Allbirds’s Co-Founder Tim Brown Transitions To Non-Executive Role

Allbirds said in a regulatory filing that Tim Brown had transitioned from co-chief executive officer to co-founder and chief innovation officer, a non-executive role. The change in Brown’s position was effective May 4. The eco-footwear manufacturer also announced in a separate filing that it terminated 21 corporate jobs.

Kizik To Open First Store

Kizik announced it is opening its first brick-and-mortar store near Salt Lake City, UT on May 19. The 1,293-square-foot space is located at Fashion Place Mall.

Dillard’s Q1 Flies Past Analyst Targets

Dillard’s, Inc. reported earnings declined 19.8 percent in the first quarter ended April 29 against difficult year-ago comparisons. Results came in well above analyst targets. Same-store sales slid 4 percent.

Nordstrom Names Chief Financial Officer

Nordstrom Inc. hired Cathy R. Smith as chief financial officer, effective May 29, 2023. Smith joins Nordstrom from Bright Health Group where she has served as chief financial and administrative officer since 2020.

JD Sports Fashion Appoints New Group CFO

JD Sports Fashion Plc, the parent company of JD, Finish Line, DTLR, and Shoe Palace, has appointed Dominic Platt as chief financial officer and as a member of the Board of Directors. He is expected to join the company later this year.