SGB Update Apparel
Under Armour Appoints New Americas President and Chief Product Officer
The company appointed Yassine Saidi as chief product officer and Kara Trent as president of the Americas. Both will report to company President and CEO Stephanie Linnartz.
Safilo Group Extends Eyewear Global Licensing Deal with Hugo Boss
The parent company of the Smith Optics brand and licensee for various lifestyle and sports brands, including Under Armour and Tommy Hilfiger, renewed its global licensing agreement with Hugo Boss through December 2030.
TSG Consumer Partners Promote Five with Ties to Active Lifestyle Brands
The employees who were promoted have worked with companies in the active lifestyle industry, including Backcountry, Nuun, Canyon Bicycles, CorePower Yoga, Sunshine Fitness, and others.
Kryptek Outdoor Group Expands International Distribution Efforts
The alliance with Highland Outdoors is set to enhance Kryptek’s presence in the UK, Ireland and beyond for the apparel brand, leveraging Highland Outdoors network and market expertise.
Columbia Sportswear Appoints Former Nike Brand President to Board
From 1979 to 2014, Denson held various positions at Nike, Inc., in different management roles, including president of the Nike Brand, a position he held from 2001 until his retirement in 2014.
REI Plans to Open 10 New Stores in 2024
The co-op will open stores at Arrowhead Promenade in Glendale, The River in Rancho Mirage, and St. George Place in St. George. The new St. George Place store will include a ski and snowboard shop.
Report: Two-Month Holiday Selling Season Sales Rose 3.07 Percent
Total retail sales for the full calendar year 2023 were up 5.32 percent over 2022, and core retail sales were up 4.46 percent.
Andy Campion Departs Nike, Heads Back to School
Nike’s managing director for strategic business ventures, Andy Campion, leaves the company, effective April 5, 2024, to help develop the UCLA Sports Leadership and Management Program at UCLA Anderson School of Management.
Augusta Sportswear Brands and Founder Sport Group to Integrate in PE Deal
Platinum Equity acquired the companies with an eye on integrating the two entities. They join Mad Engine as a part of the private equity firm’s portfolio of companies serving the active lifestyle apparel market.
Rip Curl Appoints General Manager for North America
New North America GM Kiki Prince joins Rip Curl from Roxy and other Boardrider brands over the years, most recently as SVP sales, apparel and footwear at Roxy.
NRF Chief Economist Sees Potential Rough Road Ahead for Retail
The National Retail Federation’s Chief Economist Jack Kleinhenz believes consumers spent more than expected amid high inflation and interest rates during 2023, but spending growth is likely to slow in 2024.
Finisterre Appoints President and GM for North America
UK-based surf lifestyle apparel brand appointed Chris Evans as president and general manager for North America. Most recently, he was the VP of international and sustainability at Vissla and previously held roles at Patagonia and Billabong.
Urban Outfitters Brand Gets New Leadership for North America
Shea Jensen will become president of Urban Outfitters Brand, North America, effective February 5, 2024, overseeing merchandising, marketing, digital and retail operations.
Urban Outfitters Posts Solid Holiday Sales Despite Declines at Namesake Brand Stores
Consolidated net sales for the two-month Holiday selling period ended December 31 increased 10 percent year-over-year, driving 11-month year-to-date sales up 8 percent year-over-year.
Zumiez Sees Q4 Results at Low End of Guidance After Tough Holiday
Zumiez forecasted fiscal 2023 fourth-quarter sales to be near the low end of its guidance range of $275 million to $281 million and fourth-quarter earnings per share to also be near the low end of its range of 24 cents to 34 cents.
