SGB Footwear

Zumiez Sees Strong Double-Digit Sales Declines Continuing Into 2023

Zumiez expects net sales for the three months ending April 29 to be in the range of $178 million to $184 million, which would indicated another strong double-digit decline from the $221 million in sales in the year-ago first quarter. Earnings (Loss) per share are expected to be between a loss of 85 cents and a loss of 95 cents.

Birkenstock Hires CFO

Birkenstock named Dr. Erik Massmann as chief financial officer, effective immediately. He succeeds Rob Hull, who has taken on new responsibilities outside the company.

Adidas Extends CFO Contract; Two Global Leaders Exit The Company

The Supervisory Board of Adidas AG has extended Harm Ohlmeyer’s appointment as chief financial officer for another three years until the beginning of 2028. Adidas also announced that Arthur Hoeld would replace Roland Auschel with responsibility for global sales and the departure of Brian Grevy, who was responsible for global brands.

Nike Shifts Leadership In Women’s Business And APLA Region

Nike reported it is transitioning Amy Montagne, currently VP/GM, APLA, to lead its women’s business as VP/GM Women’s, replacing Whitney Malkiel, who is leaving the company.  Cathy Sparks, currently VPof Nike Direct, EMEA, will transition to lead its APLA geography as VP/GM, APLA.

Nike Hires New DEI Chief

Nike hired James Loduca, formerly Twitter’s VP of DEI as its new DEI officer. As the Portland Business Journal reported, Loduca is the fifth person in the role since 2019. He replaces Jarvis Sam, who left after only six months in the job last November.