SGB Update Apparel
JD Sports Confirms Guidance
JD Sports Fashion Plc announced ahead of its annual general meeting that same-store sales were up 5 percent for the first five months through June while reiterating that sales for the full year would be in line with the record results it set last year.
Frasers Group Sees Strong Profit Rebound In Fiscal Year
Frasers Group reported profits improved significantly in the fiscal year ended April 24 as sales grew 30.9 percent.
Running USA Survey Finds Demand For In-Person Running Events
With the lifting of pandemic restrictions, runners are eager to participate in live running events, according to Running USA’s 2022 Global Runner Survey.
NGF Report: Golf Equipment Sell-in Still Growing
Despite supply chain constraints, shipments from golf equipment manufacturers in 2022 has remained strong, matching last year’s growth, according to the National Golf Foundation (NGF).
HanesBrands Partners With The University Of Tennessee
HanesBrands entered a ten-year partnership with the University of Tennessee as its primary apparel partner.
Academy Sports Appoints Board Member
Academy Sports and Outdoors, Inc. appointed Theresa E. Palermo to its Board of Directors and Nominating and Governance Committee. With this change, Academy’s Board now numbers nine directors.
Xcel Brands Appoints Creative Director For Halston
Xcel Brands, Inc. announced that it has appointed Ken Downing as creative director of the Halston brand. He was the fashion director of Neiman Marcus,
Dickies Hires VP, E-Commerce
Dickies hired Bram Hutchinson as vice president of e-commerce.
Isbjörn of Sweden Hires Content Creator
Isbjörn of Sweden appointed communication specialist Emi Svedberg as content creator.
Kohl’s Debt Ratings Outlook Revised To Negative
S&P Global Ratings revised its ratings on Kohl’s to negative on softening consumer spending.
Survey Finds Runners Value Sports Sponsors
A survey conducted by Elevent found that runners are more sponsorship savvy than the general public, including having a more positive perception of sponsors and a willingness to work with them.
Macy’s Accelerates Off-Mall, Small-Format Strategy
As part of its Polaris strategy, Macy’s announced that it would open four off-mall, small-format stores this fall. The locations will include Market by Macy’s, a smaller store with curated offerings, and the first dual Market by Macy’s and Macy’s Backstage off-price location.
Nordstrom Names Two Executive Leaders
Nordstrom, Inc. promoted Deniz Anders to senior vice president and chief marketing officer and Nina Barjesteh, formerly a senior executive at Dick’s Sporting Goods, as president of Nordstrom’s product group.
Nike To Move To Larger Space At Dallas’ Northpark Center
Nike announced it is moving into a larger space in Dallas’ Northpark Center, which was vacated last month by H&M.
PVH Corp. Appoints Chief Supply Chain Officer
PVH Corp. announced the appointment of David Savman as executive vice president and chief supply chain officer. He will join the company in late 2022 from H&M Group, where he spent 19 years, most recently as head of global supply chain.
