SGB Update

Nike Closes Downtown Naperville Store

Nike closed its Live concept store in downtown Naperville, IL on July 13, according to local reports. The company provided no reason for the closure.

Whoop Names Reebok Vet Kristen Moss as First Chief Communications Officer

Kristen Moss most recently served as VP of Strategic Communications for North America at The Coca-Cola Company. Previously, she was head of Global Corporate Communications for Reebok, within the Adidas organization, where she reportedly led communications for the brand’s $2.5 billion sale to Authentic Brands Group.

S&S Hires SVP of U.S. Sales

S&S, formerly S&S Activewear, appointed Sean Eckhardt, a veteran of the spirits industry, as SVP of U.S. sales.

AGM Global Vision Names Head of Marketing

The manufacturer of night vision and thermal optics for hunters and shooters hired Leslie Vester as head of marketing. Prior, she was at sunglass maker Wiley X.

Play It Again Sports Parent Sees Slight Profit Decline in Q2

Winmark Corp., the parent of Play It Again Sports and several other resale franchises, reported net income of $10.4 million, or $2.81 a share, in the second quarter ended June 27, slighty down from earnings of $10.6 million, or $2.89, in the same period a year ago. 

Five Iron Golf to Open Location in Abu Dhabi

Five Iron Golf announced the upcoming opening of its newest international location at Yas Bay Waterfront in Abu Dhabi, marking its fourth location in the Middle East.

PVH Corp. Appoints Former Sephora Exec as Chief Financial Officer

The parent of Calvin Klein and Tommy Hilfiger appointed Alexis Rollier as chief financial officer, joining in early September 2026. He joins PVH from LVMH-owned Sephora, where he has served as global chief operating officer and global chief financial officer since 2018.

NRF Forecasts Robust Back-To-School Growth

The National Retail Federation’s (NRF) annual back-to-school survey forecasts more than double-digit growth this year, with spending by families with elementary-through-high-school kids expected to jump 9.9 percent and spending for college students expected to surge 16.6 percent. The survey also identified a continued shift toward earlier back-to-school shopping and an emphasis on affordability.

FDRA: Footwear Inflation Shows Slight Deceleration in June After May’s Peak Levels

After rising the most in three years in May with a 4.1 percent hike, overall inflation in the U.S. footwear category decelerated slightly in June, up 3.5 percent, according to the latest analysis from the Footwear Distributors and Retailers of America. May marked the sharpest advance within the footwear category in 45 months.