HanesBrands Hires Jon Ram To Lead Global Activewear Business
Jonathan Ram, 50, will join Hanes to lead the company’s global activewear businesses, including Champion, as group president, global activewear, effective May 21. Ram joins Hanes from New Balance Athletics, Inc., where he served as executive vice president North America.
Adidas Gets Caught In Rockport Bankruptcy
The Rockport Group filed for bankruptcy and cited a complex and expensive two-year transition process separating from the company’s former parent, Adidas, as one of the reasons for the filing. Court filings also show Adidas holds unsecured claims amounting to more than $70 million.
Manufacturing Softness Helps Drive Down Yue Yuen Earnings
Hong Kong footwear manufacturer Yue Yuen Industrial (Holdings) Ltd. saw earnings dip but revenue climb in the first quarter, bringing the supplier mixed signals to begin the year.
Darn Tough Vermont Voted ‘Best Vermont Made Product”
Sock manufacturer Darn Tough Vermont was awarded “Best Vermont Made Product” by Vermont Business Magazine as part of the 2018 Best Of Business (BOB) Awards.
Footwear Manufacturer Kamik Names Litzky Public Relations Agency Of Record
Footwear manufacturer Kamik has named Litzky Public Relations the company’s global agency of record. LPR is a full-service, boutique public relations agency specializing in consumer and lifestyle brands.
Rockport Files For Bankruptcy, Reaches Sale Agreement
The Rockport Group LLC announced that it had filed for Chapter 11 bankruptcy protection in order to facilitate a sale to CB Marathon Opco, LLC an affiliate of Charlesbank Equity Fund IX.
Yue Yuen’s Profits Dip In Q1
Yue Yuen Industrial (Holdings) Limited reported net earnings declined 23.3 percent in the first quarter ended March 31 despite an 8.9 percent gain in revenues.
Report: Nike Renews Chinese Super League Partnership
Nike has agreed to a deal to extend the company’s kit partnership with the Chinese Super League (CSL), the top tier of club soccer in the country, according to reports.
Report: Phil Knight ‘Proud’ Of Nike’s Response To Problems
Phil Knight, Nike Inc.’s chairman emeritus and co-founder, said he is “proud” of the way his company has handled recent allegations of sexual harassment and discrimination, according to a CBS report.
Foot Locker’s Dick Johnson Stands Up For Brick & Mortar
Speaking at FDRA 2018 Executive Summit held in Washington, D.C., Dick Johnson, chairman, president and CEO of Foot Locker Inc., said, “Some people think that it’s negative baggage that we have over 3,000 stores around the world. We don’t see it that way. We think it’s very much a positive.”
Aisle Talk Week Of May 7
Top headlines from the active lifestyle industry you may have missed this week, including Herschel Walker (pictured) being appointed to President Trump’s Council on Sports, Fitness and Nutrition.
Columbia Sportswear Appoints VP Of Global Merchandising
Columbia Sportswear announced the appointment of Michael Richardson to serve as vice president of global merchandising for the Columbia brand.
Famous Footwear Appoints President
Caleres announced Molly Adams will join Caleres as president of Famous Footwear on May 29.
Skechers Sues Adidas Over College Basketball Scandal
Skechers filed a lawsuit against Adidas over the allegations at the heart of the FBI’s investigation into college basketball. Skechers charges it was at an unfair disadvantage due to the alleged schemes whereby Adidas paid amateur players for their endorsements.
La Sportiva Grows Sales Team In Southwest With Caraway & Co.
La Sportiva announced the hiring of Caraway & Co as the brand’s sales representatives in the Southwestern U.S.
