EXEC: New Hibbett Parent JD Sports Names First U.S. Non-Executive Director
Following the acquisition of Hibbett, Inc. and recommendations made as part of the JD Sports Board of Directors’ recent external evaluation, the Board undertook a thorough search process to recruit a U.S.-based non-executive director to add U.S. market perspective and insight to Board discussions.
Rally House House Opens New Stores in New Jersey and Michigan
Rally Willow Ridge Plaza and its newest store in Westland, MI are both open serving customers with locally-inspired team merchandise.
EXEC: Biden Uses Executive Action to Stymie Temu and Schein Efforts in the U.S.
The actions would also protect U.S. textile and apparel manufacturers, noting the critical role they play in the U.S. defense industrial base and its support of hundreds of thousands of direct and indirect jobs in the United States.
Hoka Parent Deckers Brands to Execute Six-for-One Forward Stock Split
The parent company of the Ugg, Hoka, Teva, Koolaburra, and Ahnu brands reported that its stockholders approved the forward stock split measure during its September 9, 2024 annual meeting.
CNBC/NRF Retail Monitor Sees Strong Clothing, Footwear and Online Increases in August
Thanks to back-to-school, the Clothing, Footwear and Accessories sector soared in August, jumping 11.4 percent year-over-year. The sector that includes Sporting Goods fell 10.8 percent for the same period.
The Players’ Tribune Celebrates 10 Years; Releases Ltd. Edition Book with Assouline
In celebration of The Players’ Tribune’s 10th anniversary, the sports content brand partnered with luxury book publisher Assouline on an exclusive collection of athlete narratives and photography for the limited-edition book I’ve Got a Story to Tell.
Tilly’s Co-Founder Appointed President and CEO, Removes Interim Tag
As the Co-Founder of this 42-year-old company, Hezy Shaked has served as interim president and chief executive officer since January 21, 2024, and previously as the company’s president and chief executive officer.
EXEC: Caleres Brand Portfolio Sees Tough Q2 on SAP Update while Famous FW Improving
An ERP upgrade to SAP Cloud during the quarter was said to be a significant part of the problem as it impacted the Brand Portfolio business and helped push sales down 5.1 percent in that segment, but it was not the entire problem. CEO Jay Schmidt detailed the problems and the solutions implemented.
EXEC: Tommy Bahama Parent Sees Economic Uncertainty Hit 45+ Affluent Consumer
Oxford Industries, Inc., the parent company of Tommy Bahama, Lilly Pulitzer and Johnny Was, continued progress on long-term strategic goals in Q2, but the company also said it fell short of delivering on its near-term financial targets.
Superfeet Signs Sales Agency to Focus on Workplace Safety and Performance
LineDrive, a solutions-based sales agency that matches large-scale businesses with workplace safety tools to enhance workplace safety and productivity in the U.S. and Canada, will introduce Superfeet insoles to employers, to enhance workplace productivity and safety
Rural King to Open New Store in Conover, NC
The Conover store will host a grand opening from September 20-22. The retailer sells a wide variety of premium brands, including Carhartt, Blackstone, Big Green Egg, Ariat, Under Armour, Black Rifle Coffee Company, Walnut Creek Foods and Henry Rifles.
Classic Football Shirts Adds to Investor Pool; Plans New LA Store in World Cup Run-Up
The company said it had seen an accelerated annual growth rate since an earlier investment from The Chernin Group, including in the U.S., which is its fastest-growing market, at greater than 100 percent annually.
Kreedom Eyewear Adds California Indie Sales Rep
Boston Titensor, an independent sales rep, also carries the Hari Mari, Dakine, Vertra, and Von Zipper sunglass lines in the Orange County market in SoCal.
Bridgestone Golf x Eastside Golf: Growing the Game
The new collaboration with Eastside Golf includes custom-printed Tour B X golf balls in a limited-edition package timed with the Eastside Golf Invitational on September 16 at Liberty National.
Report: Second Quarter U.S. E-commerce Sales Outpaced Total Retail Trend
The Census Bureau of the Department of Commerce reported that the second quarter of 2024 e-commerce estimate increased 6.7 percent (±1.2) from the second quarter of 2023, while total retail sales increased 2.1 percent (±0.4) in the same period.
