Burlington Stores, Inc. Appoints Former Staples CEO to Board
Shira Goodman, former CEO of Staples, Inc., will join Burlington Stores Board of Directors and Audit Committee effective January 1, 2025.
Rally House Opens New Stores in Indiana, Arkansas and Philadelphia
Rally House and Sampler Stores, Inc. the family-owned specialty retailer that represents local NCAA, NFL, MLB, NBA, NHL, and MLS teams has opened three new stores in Noblesville, IN; Fort Smith, AK; and Philadelphia PA.
Nordstrom Beats Street Estimates for Q3 on DD Growth in Women’s Apparel and Active
In the third quarter, Nordstrom saw women’s apparel and active post double-digit growth, while shoes, men’s apparel and kids were up in the mid- to high-single-digits versus Q3 2023. Growth in women’s apparel, shoes and men’s apparel reportedly accelerated sequentially from the second quarter.
EXEC: Sports Direct Parent Set to Acquire South Africa’s Holdsport Group
Frasers Group, the parent of UK-based Sports Direct, has closed on an agreement to acquire South Africa-based Holdsport Group from Old Mutual Private Equity and Holdsport’s management.
Kohl’s Snags Ashley Buchanan from Michael’s as New CEO; Kingsbury Signals Exit
Company CEO Tom Kingsbury plans to step down as CEO, effective January 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl’s Board of Directors through his retirement in May 2025.
The NFL Signs Licensing Agreement with Bettinardi Golf
The collaboration will introduce officially licensed NFL-branded Bettinardi products to market for the NFL’s 32 teams, including putters, wedges, irons, ball markers, divot tools, putting cups, cigar trays, and headcovers.
Kohl’s Shares Plunge 17 Percent as CEO to Exit and Q3 Results, Holiday Outlook Disappoint
The mid-tier retailer’s outgoing CEO Tom Kingsbury said in a Tuesday, November 26, media release that third quarter results did not meet expectations as sales remained soft in the retailer’s apparel and footwear businesses.
ASGCA Elects President of American Society of Golf Course Architects
Brian Costello of Belmont, CA was elected president of The American Society of Golf Course Architects (ASGCA) at its recent 78th Annual Meeting in San Francisco.
EXEC: Dick’s SG Beats Q3 Expectations; Increases 2024 Comp Sales and EPS Outlook
The company raised full-year 2024 guidance for comparable sales growth to a range of 3.6 percent to 4.2 percent, up from 2.5 percent to 3.5 percent previously, and raised diluted EPS guidance to between $13.65 to $13.95 per share, up from $13.55 to $13.90 previously.
Gymshark Opens Holiday Pop-Up on Wooster Street in NYC
This pop-up offers a glimpse of what consumers will find in the U.K.-based brand’s first permanent U.S. flagship, scheduled to open in 2025.
Skechers Signs NFL Kansas City Chiefs Head Coach Andy Reid to Slip-Ins Team
As a brand ambassador for Skechers Hands Free Slip-ins. He will appear in a print ad campaign in 2025 that “illustrates the comfort and convenience of the brand’s innovative and effortless signature footwear collection.”
EXEC: VF Corp. Shuttering East Coast DC, Moving Dickies to Vans HQ; 360 Jobs Impacted
The two moves, seen as part of the company Reinvent plan, are expected to impact 242 employees at the Virginia distribution center and another 120 Dickies staff with the move to California.
Nike, Inc. Appoints Executive VP and Chief Human Resources Officer
Treasure Heinle, the company’s chief talent officer, will assume the role of executive vice president and chief human resources officer, effective January 6, 2025. She succeeds Monique Matheson, who has decided to retire after 26 years with the company.
Zenga Brothers Design Furniture Collection For “Skate Break”
The Skate Break Collection includes five furniture pieces—an oversized steel lamp and a boardroom table that converts to skateable pieces. Designers and brothers Benny and Christian Zenga worked with skateboarder Andy Anderson to test and prototype the pieces which they displayed in an interactive exhibition in Vancouver earlier this year.
Circana Taps into Kroger Executive Ranks to Find Next President and CEO
Stuart Aitken joins Circana on January 1, 2025 from Kroger, where he has served as chief merchant and marketing officer since 2019. He will succeed Kirk Perry, who has decided to retire from the role. He will remain a Board director.
