SGB Update Apparel
YogaSix Opens First Studio in Germany
The opening of the Frankfurt studio is part of YogaSix’s ongoing global expansion, which includes more openings in Germany and a debut in Japan as a result of a Master Franchise Agreement signed earlier this year. Christophe Collinet and Daniel Hoffman of LifeFit Group are leading the expansion efforts.
Astral Appoints Head of B2B Sales
As head of B2B Sales, Christian Mason will strengthen long-term relationships with key partners for Astral and optimize sales performance across all branded product.
NRF Sees 2024 Holiday Selling Season Growth Lowest Since 2018
“Household finances are in good shape and an impetus for strong spending heading into the holiday season, though households will spend more cautiously.” – NRF Chief Economist Jack Kleinhenz.
Ironman Hires EVP of Global Partnerships
The Ironman Group added Yanni Andreopoulos, formerly at ABB FIA Formula E, as executive vice president of Global Partnerships.
Beyond Yoga Parent, Levi Strauss, Appoints Board Member
Levi Strauss & Co. announced today that its board of directors has elected Daniel Geballe as a board member, effective April 26, 2025. At that time, current member David Friedman will retire from the board.
B2B Inventory Marketplace Raises $40M in Funding Round
The private b2b marketplace for worldwide brands to sell surplus inventory to new buyers, raised $40 million in Series C funding led by L Catterton with participation from existing investors.
Footasylum Appoints Chief Commercial Officer and Senior Buying Director
Former Under Armour executive Will Van Rensburg was appointed the company’s chief commercial officer and ex-Reebok product director Glen Wilkinson to senior buying director.
TrueTimber Acquires Blizzard Buddy; Integrates Tech into Current Offerings
By joining with TrueTimber, Blizzard Buddy will have access to additional resources and a broader distribution network. The company said, “Customers can expect a seamless transition as TrueTimber and Blizzard Buddy integrate their operations.”
Report: Inflation Likely to Restrain Sales on Black Friday/Cyber Monday
A recent YouGov report report found that U.S. consumers expect to spend less during these iconic shopping days, with 27 percent planning to spend less and just 9 percent increasing their spend from last year.
Walmart U.S. Appoints Chief Growth Officer
Seth Dallaire, the retailer’s chief revenue officer, was named chief growth officer for Walmart U.S. Walmart’s U.S. Chief Product Officer, Jon Alferness, is leaving the company, but will work in an advisory role through the end of the year.
Nordstrom’s Head of DEI Departs
Colleen Mitchell, has left the company after just over two years in the role. Before joining Nordstrom in August 2022, she was head of DEI at Petco and prior to that, held a similar role at Amazon.
Modern Meadow Appoints CEO
Dr. Williamson will transition from president and chief operating officer to chief executive officer, effective October 14. He has worked in multiple roles since 2015 for the Bio-Vera sustainable-materials brand.
361 Degrees Owned-Retail Posts Robust Growth in Q3
361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded product increased over 10 percent year-over-year for the third quarter of 2024, ended September 30, expanding at the same rate as the second quarter.
Board Retailers Association Adds Advisory Member to Board
The non-profit, supporting independently owned surf, skate, snow, and wake retailers, said Dan Jablons has helped independent retailers throughout his long career in the industry.
Survey: Inflation a Top Concern for Holiday Shoppers
Manhattan Associates, Inc.’s 2024 Supply Chain Confidence Survey found that 85 percent of consumers cited inflation and increased prices as a top concern for how they will shop for the upcoming holiday season.
