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Michael Kors Appoints CEO

Capri Holdings Limited announced that Joshua Schulman will be appointed chief executive officer of the Michael Kors brand, and will succeed John D. Idol as chief executive officer of Capri Holdings in September 2022 when Idol will become executive chairman. Schulman joins Capri Holdings from Tapestry.

CCM Hockey Acquires Base Layer License

CCM Hockey announced the acquisition of its worldwide base layer license from its licensing partner Icon-Elite Group Inc., effective September 1, 2021.

New Balance Launches New Balance Renewed

New Balance has launched New Balance Renewed, which aims to extend the life of imperfect or returned items, helping to keep them out of landfills.

Frasers Group Makes Key Promotions To Leadership Team

The Frasers Group, the parent of U.K.-based Sports Direct, promoted Sean Nevitt to chief commercial officer and David Al-Mudallal to chief operating officer to support the proposed transition of the CEO role to Michael Murray.

Hibbett Opens Second Raleigh Location

Hibbett announced the opening of its second Raleigh Hibbett Sports store. The new store is located at 5900 Poyner Anchor Lane in Raleigh, NC.

Stio Appoints Board Member

Stio announced the appointment of Emily Culp to its Board of Directors as a board observer.

Fanatics Partners With Brooklyn Nets

Fanatics announced an exclusive, multi-year omnichannel retail partnership with BSE Global, becoming the official e-commerce and physical retail partner of the Brooklyn Nets and New York Liberty.

Under Armour Enters Into Exchange Agreements With Convertible Senior Noteholders

Under Armour, Inc. announced that it has entered into exchange agreements with certain holders of its 1.50 percent Convertible Senior Notes due 2024. The noteholders have agreed to exchange approximately $169.1 million in aggregate principal amount of Under Armour’s outstanding 2024 Notes for cash and shares of Under Armour’s Class C common stock.

The Buckle’s Profits Climb 48 Percent In Second Quarter

The Buckle, Inc. announced that net income climbed 48.1 percent for the fiscal quarter ended July 31, to $51.4 million, or $1.04 per share, from $34.7 million, or 71 cents, a year ago.. Sales gained 36.6 percent.