EXEC: Amer Sports Expects 2023 Full-Year Revenues North of $4.35 Billion
Revenue reportedly increased across all operating segments, geographic regions and channels, according to the company’s recently amended F-1 filing statement. The company sees its annual net loss contracting but EBITDA expanding for the year.
Sole Launches the Jasper Chukka with ReCork
“For a long time, innovation in footwear has focused only on comfort and performance, with sustainability being an afterthought. With the Jasper Chukka, we set out to prove that all three can go hand-in-hand,” —Sole and ReCork Founder/CEO Mike Baker.
Skechers Signs Footballer Oleksandr Zinchenko
Arsenal and Ukrainian national team defender to compete in Skechers Football shoes with debut of Diamond Ice Pack.
Academy Sports and Outdoors Appoints Chief Supply Chain Officer
Rob Howell will join the company as SVP and chief supply chain officer in February 2024, reporting to President Sam Johnson. He will oversee supply chain operations, distribution centers, and domestic and international logistics.
Athletic Propulsion Labs Appoints Footwear Vet as SVP of Sales
With a solid background in key account sales management at Vans and Toms, Seth Stern will oversee the luxury performance athletic footwear brand’s global wholesale channel.
Werner Riethmann Departs Active Management of Lowa
After more than 30 years, Werner Riethmann left active management of Lowa Sportschuh GmbH at the end of December 2023. He will remain with the Bavarian hiking and mountain boot specialist as a shareholder with a 20 percent share and in an advisory capacity.
Duluth Trading Appoints New CFO
Heena Agrawal will assume the role of SVP and CFO, effective February 12, 2024.
True Religion to Launch Footwear Range Under New License Deal
True Religion inked a footwear licensing agreement with Orly Corporation for its men’s, women’s, and kid’s footwear collection, which is expected to launch in Fall 2024.
Zamberlan Bolsters Sales Team for Southeast and South Central U.S.
“We’re thrilled to have Odle represent us in a new territory and to new customers,” —Bob Whip, General Manager, Zamberlan USA.
EXEC: January Consumer Confidence Index Highest Since July 2021
The University of Michigan’s preliminary results reported on the overall index of consumer sentiment came in at 78.8 for January, the highest reading since July 2021, compared to 69.7 in December and 64.9 in January 2023.
L.L.Bean Set to Open Eighth New York Store in Spring
The retailer’s first new store of 2024 will open in Kingston, NY, in March/April.
Designer Brands Inc. Appoints Deckers Vet as Brands President and EVP
Andrea O’Donnell was appointed brands president and executive vice president of Designer Brands, effective January 29. Previously, she led the expansion of Ugg and Koolaburra brands at Deckers Brands as president of fashion lifestyle.
Vaude Appoints New Chief Financial Officer
With new CFO Melissa Wach and CEO Antje von Dewitz, the management team is now 50 percent female. Women hold prominent positions across the board in leadership roles at Vaude, constituting approximately 45 percent of executive positions.
Nicklaus Companies Licenses Brand to Boxto for Footwear
Nicklaus Companies and Boxto are collaborating to introduce two Nicklaus-branded golf shoe styles, which will be available to ship in April.
Tilly’s, Inc.’s CEO Departs; Board Chair to Lead Retailer on Interim Basis
Ed Thomas retired as president, CEO and director of the company. Company Co-founder and former President and CEO Hezy Shaked was appointed as the company’s interim president and CEO until a successor is found.