November Retail Sales Put Holiday Season On Track To Set New Records
Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19, the National Retail Federation said.
Reebok Secures India Licensee
Aditya Birla Fashion and Retail Ltd (ABFRL) has signed a long-term licensing agreement with Authentic Brands Group (ABG) to distribute and sell Reebok products in India and other ASEAN (Southeast Asian) countries.
Dick’s SG To Close Store In Williamsburg, VA
Dick’s Sporting Goods is closing its store at the Marquis Shopping Center in Williamsburg, VA on January 2, according to a report from wydaily.com.
LIV Golf Investments Adds SVP, Global Head Of Partnerships And Head Of Strategy
LIV Golf Investments, led by retired professional golfer Greg Norman, announced that it has appointed Monica Fee and Lily Kenny as senior vice president, global head of partnerships and head of strategy, respectively.
Signa Sports United Goes Public On New York Stock Exchange
Signa Sports United (SSU), the Berlin-based sports e-commerce and technology platform, completed its previously announced business combination with Yucaipa Acquisition Corporation. The combined company will operate as Signa Sports United and its common stock will begin trading under the symbol “SSU” on the NYSE.
Genesco Signs U.S. License For Etonic Footwear
Genesco Inc. has signed a new three-year licensing agreement with heritage-running brand Etonic to be its exclusive U.S. and Canadian footwear licensee.
Nike Signs First NIL Student-Athlete Deal
Nike has made its first name, image and likeness (NIL) deal with a college athlete, signing UCLA women’s soccer player Reilyn Turner.
Nike Puts Global Media Account Under Review
Nike is reportedly conducting a full review of its media accounts, according to Advertising Age. The company has not run a global media review of this scale in more than a decade.
USA Cycling Announces New Chief Marketing Officer
USA Cycling announced that Erika Lehman will take on the chief marketing officer role in the Colorado Springs office. She comes off a growth-focused leadership role at US Figure Skating.
Prince Secures New Footwear Partner
Prince, the racquet sports and lifestyle brand owned by Authentic Brands Group (ABG), has partnered with Pajar Canada, to launch lifestyle footwear.
Former New Balance CEO To Lead Purple Innovation
Rob DeMartini, the former president and CEO of New Balance, has been appointed acting CEO of Purple Innovation, the digital-native mattress upstart.
Foot Locker Adds Cozi Women’s Apparel Label
Foot Locker launched its first private label womenswear brand, Cozi, just two months after the debut of its proprietary LCKR fleece and casual label.
Caleres Debt Ratings Upgraded
Moody’s Investors Service upgraded Caleres, Inc.’s debt ratings, reflecting Caleres’ earnings growth coming out of the coronavirus pandemic as well as governance considerations, specifically recent debt repayment.
Footwear Unlimited Appoints EVP Spyder Footwear
Footwear Unlimited announced Jon Hanson has been named executive vice president and general manager for its Spyder Footwear brand.
Gildan Activewear Announces Acquisition Of Frontier Yarns
Gildan Activewear Inc. announced that, through one of its wholly-owned subsidiaries, it has acquired 100 percent of the equity interests of Phoenix Sanford, LLC, the parent company of Frontier Yarns for a total cash consideration of approximately $168 million.
