SGB Update Apparel

Canada Goose Misses Q3 Revenue Targets on DTC Softness
Canada Goose’s revenues in the fiscal third quarter ended December 29 came in below Wall Street’s estimates as DTC comps missed plan, down 6.2 percent. Earnings on an adjusted basis in the third quarter rose 7.0 percent while overall sales declined 2.2 percent.

Sportsman’s Warehouse Taps Walmart Vet Jeff Dunn as Chief Merchant
Dunn was most recently chief merchandising officer at Galaxy Universal. Prior, he served in a variety of merchandising roles at Walmart over a 12-year period, including VP/DMM for Sporting Goods and VP/DMM for Footwear.

Wild Rye Adds to Management Team With Two New Hires
Megan Odom joins the company as national sales manager and Sara Gerritts as supply chain operations manager. The company reported that they “bring a wealth of experience and a passion for the outdoors that aligns perfectly with our brand’s values and mission.”

Fleet Feet Franchisees Acquire Flying Feet Sports Shoes in York, PA
With stores in Mechanicsburg and Harrisburg, PA, this marks the third Fleet Feet store location owned and operated by Shelby and Fred Joslyn.

Archive Raises $30M Series B Funding to Expand Resale Intelligence Software
Archive said it has launched new partnerships with New Balance, Fjällräven and Dr. Martens, among others, in addition to expanding existing resale programs with The North Face, DVF, Faherty, and M.M.LaFleur.

S&S Activewear Makes Key Leadership Appointments in Canadian Division
Craig Ryan has been appointed vice president of Commercial, Canada, and Steven Clune was named national director of Sales for Canada, reporting directly to Ryan.

JCPenney Launches B2B Website for Commercial Bulk Orders
The department store retailer said its new business-to-business website offers current and potential bulk order customers exclusive access to JCPenney’s vast catalog of products across several divisions.

Rally House to Open Store in Blacksburg, VA
The store is the first for Rally House in Virginia and will occupy the previous Tech Bookstore building near the corner of South Main Street and Lee Street. A Spring 2025 opening is planned.

Black Diamond Wilderness Exchange to Host Grand Re-Opening
The store’s renovation has been ongoing since October 2024, during which BDE reportedly invested in much of the related costs. The newly branded Black Diamond Wilderness Exchange store will host a grand reopening from February 8-16, 2025.

Timberland Appoints New Global Creative Director of Marketing
Drew Villani is responsible for bringing the company’s creative vision to life, including brand marketing, art direction, photography, store design, styling, and video production. Villani joined Timberland from Calvin Klein, where he was the senior director of global creative.

Cotopaxi Makes Key Leadership Changes with New Hires and Stephan Jacob Move
Craig Rowley has been named chief marketing officer. Sara Westbrook has been named as the company’s new SVP of Product and Merchandising. Company Founder Stephan Jacob is transitioning into a new chief global/business development officer role.

Perfect Moment Shifts Senior Leadership; Adds Two Canada Goose Execs
New CFO and COO Chath Weerasinghe brings more than 20 years of experience in finance, operations, and leadership within the luxury, retail and consumer goods sectors. Vittorio Giacomelli will be responsible for overseeing product strategy, product development, and innovation.

Cole Haan Opens Store in Flatiron District, its Third Location in New York City
The store is in a 1904 Neo-Renaissance landmark building. The company said the 1,622-square-foot retail space represents the company’s global store expansion initiative.

Nordstrom, Inc. Plans to Open New Rack Store in Lake Grove, NY
The new retail location expands the company’s physical footprint and economic impact in New York, where it currently operates five Nordstrom stores and 10 Nordstrom Rack stores, generating over 1,900 jobs statewide.

Turtleson Toasts Grover Walker on Account Exec’s Retirement
Grover Walker has represented Izod Lacoste, Corbin, Bobby Jones, and, most recently, Turtleson over his 50-year career. Turtleson has named Tammy Kaminsky, who joined the company in 2022 with over 30 years of experience representing global brands, to replace Walker.