The company also said that Kevin Bailey will be stepping down from his role as global brand president, Vans. He will remain on the Executive Leadership Team reporting to the CEO and will transition to lead Reinvent, the company’s business transformation plan. CEO Bracken Darrell will be more involved with Vans until a new brand president is found.
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FN America Breaks Ground on Second SC Manufacturing Plant
The manufacturing facility, built on FN’s foundation and history within the state, will be located in the Pickens County Commerce Park in Liberty, SC. The company will invest $33 million to construct the future 100,000-square-foot space over two phases.
New Era Appoints General Manager for North America
New Era Cap LLC has hired Steve Gallo, most recently president of the recovery footwear brand Oofos, as general manager for North America after an extensive global search.
Asics Names New President and CEO for North America
Koichiro Kodama will return to Asics North America as president and CEO, effective immediately. He was CEO of Asics North America from February 2019 until December 2020. He replaces Richard Sullivan, president and CEO of the North American business since January 2022.
Rupert Campbell Leaving Adidas North America
The president of Adidas North America will step down to pursue other opportunities, effective October 27. Executive board member Arthur Hoeld, who leads global sales, will oversee the region until a successor is found.
Puma North America Hires Long-Time Adidas Veteran as SVP Wholesale Sales
Puma announced the appointment of industry veteran Andrew “Rudi” Rudolph as senior vice president, wholesale of North American sales.
Atmos to Exit North American Operations
Atmos, the Tokyo-based footwear retailer acquired by Foot Locker in 2021, is reportedly planning to close its three North American stores and cease online operations in the region to refocus on growing business in Japan and Asia.
American Outdoor Brands Names COO
American Outdoor Brands Inc. said Brent Vulgamott, vice president of sales, operations and analytics, was promoted to chief operating officer, a newly created role. Vulgamott will continue to lead all facets of the company’s sales, operations, and analytics functions.
Freemotion Fitness Appoints VP Sales for North America
Freemotion Fitness, the commercial equipment arm of iFIT, appointed Adam Guier as vice president of sales for North America.
American Outdoor Brands Launches Stock Buyback Program
American Outdoor Brands, Inc.’s Board of Directors approved repurchasing up to $10 million of the company’s outstanding common stock.
Nike Misses Revenue Estimates on Weak North America; Profits Beat
Nike, Inc. reported profits slipped 1 percent in the fiscal first quarter ended August 31. Sales grew 2 percent on a currency-neutral basis as double-digit gains in China helped offset a 1 percent decline in North America. Earnings came in well above analyst targets but sales were slightly below.
Salomon Hires President of Salomon Americas
Salomon hired Steve Doolan as president of Salomon Americas, effective October 23, leading the business from its regional headquarters in Ogden, UT.
SFIA Study Finds Americans Continuing Pandemic-Discovered Fitness Routines
The Sports & Fitness Industry Association’s 2023 Tracking The Fitness Movement Report identified that participation in fitness activities grew 5.3 percent, or by 10.4 million people, since 2017. Total fitness participants rose by 800,000 year-over-year in 2022 to 205.8 million, hitting a high of 67.4 percent, surpassing the 67.3 percent rate in 2019 and 2021.
American Outdoor Brands Secures Patent Settlement Agreement
American Outdoor Brands, Inc. announced it has secured a settlement with The Allen Company, Inc. related to Allen’s infringement of AOB’s patent rights.
Shimano North America Recalls Approximately 760,000 Cranksets
The recall affects certain 11-Speed Bonded Hollowtech II Road Cranksets as they could separate and break, posing a crash hazard to consumers.
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