Lululemon Makes Executive Appointments
Lululemon has hired Simon Atkins, who formerly led basketball at Adidas, as SVP of footwear and Phil Dickinson, a Nike veteran, as SVP, global creative director. Both report to Sun Choe, chief product officer.
Hypebeast To List On NASDAQ Through SPAC Merger
Hypebeast, the digital media and e-commerce company with a focus on streetwear, plans to list its shares on Nasdaq through a merger with Iron Spark I Inc. The firm also indicated former Nike brand president Trevor Edwards will join its board.
Burlington Stores’ CFO To Retire
Burlington Stores Inc. announced that John Crimmins woulf retire from his position as chief financial officer on August 31, 2022, or the date his successor commences employment.
Nordstrom Announces Executive Leadership Team Retirements And New Appointments
Nordstrom, Inc. announced the retirements of Scott Meden, chief marketing officer (CMO), and Geevy S.K. Thomas, president of Nordstrom Rack. Nordstrom, Inc. also announced the appointments of Ken Worzel and Jamie Nordstrom to the newly created roles of chief customer officer and chief stores officer.
Nester Hosiery Appoints VP Of Finance
Nester Hosiery, the parent of the Farm to Feet sock brand, has promoted Donna Anderson to vice president of finance.
Bergdorf Goodman Announces Two Executive Promotions
Bergdorf Goodman, which is owned by Neiman Marcus, announced the promotion of Cheryl Han to senior vice president of BergdorfGoodman.com and customer strategy. Melissa Xides has been promoted to senior vice president of Bergdorf Goodman stores and brand operations.
NRF Chief Economist Says Economy Has ‘Strong Momentum’
Top challenges have shifted from COVID-19 to inflation and the war in Ukraine, but the U.S. economy will continue to face uncertainties in the year ahead, National Retail Federation Chief Economist Jack Kleinhenz said in a statement.
Pacsun To Open Virtual Mall On Roblox
Pacsun is opening an interactive mall experience on Roblox called Pacworld. Working with existing game development studio partner Melon, Pacsun will extend its existing catalogs of virtual items on Roblox, first launched in June 2021, by letting customers sell its virtual goods in a customized digital mall.
Journeys Appoints Creative Ambassador
Journeys said Karl Jacobs would be advising the chain as its creative ambassador. With more than 28 million followers across social platforms, Jacobs will leverage his gaming and retail experience to introduce Journeys to the gaming community.
Report: Texon May Be For Sale
Asian buyout firm Navis Capital Partners is considering a sale of its footwear materials supplier Texon, which could net about $300 million, according to a report from Bloomberg.
Columbia Sportswear’s E-Commerce Chief Joins True Religion
True Religion announced the appointment of Scott McCabe, formerly senior director of e-commerce at Columbia Sportswear, as its SVP e-commerce.
SIA Announces New Board Chair And Newly-Elected Board Members
Snowsports Industry Association (SIA) announced that it elected a new Board Chair and Board members. The appointments include Michael West, Jonathan Degenhardt, Matt Gold, Melanie Hood, and Issa Sawabini.
Macy’s To Open Fulfillment Center In North Carolina
Macy’s, Inc. announced plans to open a new fulfillment center in China Grove, NC in 2024 to meet the increased demands of its omnichannel business.
Ontario’s Garb and Gear Source for Sports Closing
Garb and Gear Source for Sports in Owen Sound in Southwestern Ontario is closing as its owners, Brian and Janice Warrilow, are retiring.
Kohl’s Sends Letter To Shareholders Highlighting Board Leadership And Robust Process
Kohl’s Corporation on Thursday mailed a letter to shareholders detailing the steps the Board has taken to maximize shareholder value ahead of its May 11 annual meeting. The steps include a robust and intentional process to evaluate potential bids. Kohl’s said the letter also summarizes activist invesor Macellum’s “shifting narrative and short-term focus on a sale of the company at any price.”
