Former Nike COO Joins Jigx’s Board
Jigx, the mobile application development SaaS based in Seattle, WA, announced that Eric Sprunk, former Nike COO, has been appointed to its Board of Directors. Sprunk is also an investor in the brand.
StockX Names Head Of Brand Protection
StockX hired Paul Foley as head of brand protection reporting to its Chief Supply Chain Officer, Sean McCartney. Foley’s role is to spearhead the company’s efforts to deliver value to the consumer and protect the integrity of the StockX marketplace.
REI To Open Store In Laguna Hills, CA
REI Co-op will open a new store in Laguna Hills in fall 2023. This is the retailer’s 31st location in California and 12th in the Los Angeles market.
Lacoste Names Deputy CEO
Lacoste promoted Catherine Spindler to deputy chief executive officer. Spindle joined Lacoste as chief brand officer in 2019.
Recall: Salewa Alp Trainer 2 Mid GTX Hiking Boots
Salewa has recalled its men’s and women’s Alp Trainer 2 Mid GTX Hiking Boots manufactured before April 2022.
The North Face To Open 70-Plus Stores In North America
The North Face plans to open more than 70 stores in North America and up to 300 additional retail and partner locations globally over the next five years.
L.L.Bean Set To Open In Hudson, MA In November
L.L.Bean is opening a store at Hudson’s Highland Commons on November 4; this is the retailer’s ninth store in Massachusetts.
Rack Room Shoes Names Midwest/Tennessee Regional Manager
Rack Room Shoes has promoted Jennifer Scantland to Midwest/Tennessee regional manager.
Adidas Issues Profit Warning, Blames Ongoing China Weakness
Adidas announced preliminary results for the third quarter and reduced its full-year 2022 guidance. The company’s new outlook takes into account a further deterioration of traffic trends in Greater China as well as a significant inventory build-up as a result of lower consumer demand in major Western markets since the beginning of September, which is expected to lead to higher promotional activity during the remainder of 2022.
Al’s Sporting Goods Acquires Bob Ward’s & Sons
Al’s Sporting Goods, with three stores in Utah and Idaho, acquired all five Bob Ward & Sons, an outdoor retailer with five locations in Montana.
Foot Locker To Close Wisconsin Distribution Center
Foot Locker, Inc. notified the state and employees that it will close its distribution center in Wausau, WI, in 2023, affecting 210 jobs.
REI Co-Op To Open In Tallahassee
REI Co-op will open its Tallahassee, FL store on November 11. Located at 1415 Timberlane Road at Market Square, the store offers 22,000 square feet of space.
Red Wing Shoe Names Fourth-Generation Family Member As CEO
Red Wing Shoe Company announced that its board of directors had named Allison Gettings president and chief executive officer, effective January 1, 2023. Gettings is the great-granddaughter of J.R. Sweasy, who was president and CEO from 1921 to 1949 and the first fourth-generation family member to run the company.
Li Ning Sees High-Single-Digit Q3 Comps
Li Ning Company Ltd. reported same-store sales for its overall platform excluding Li-Ning Young stores registered a high-single-digit increase in the third quarter on a year-on-year basis.
Study Shows Women’s Sport Sponsorships Expanded 20 Percent In 2022
Sponsorship deals across women’s sports increased 20 percent year-over-year (YoY) in 2022, according to a study by sponsorship data and advertising services firm SponsorUnited. Nike and Adidas were the top brand partners for both professional and collegiate sports.
