SGB Update Apparel
Banana Republic CEO Departs
Sandra Strangl mutally agreed to leave the company after four years at the helm as parent company, Gap, Inc., transitions to new leadership.
Outerknown, Firewire Surfboards and Slater Designs Merge
Kelly Slater, the eleven-time World Surf League champion, announces that the brands, including Slater Designs Fin Company, LLC, DBA Endorfins, merged under a new holding company effective immediately
Compass Diversified Sees All Q1 Upside Coming from Branded Consumer Group
CODI saw first quarter sales increase 11.0 percent to $375.4 million on a pro forma basis in its Consumer Brands segment, which includes the 5.11, Boa, Primaloft and Velocity Outdoor brands in the active lifestyle market, among other consumer brands.
REI Co-op to Open Store in College Station, TX
The new store will be the outdoor retailer’s 11th in the state of Texas.
RIA Inducts 2024 Run Specialty Hall of Fame Members
The 2024 inductees are Jim Weber, Brooks Running; Colin Peddie, Marathon Sports; and Duncan Finigan, who was an Oofos executive, who passed away on May 26, 2019, from breast cancer.
Pentland Brands Names New President of Americas as Matt Rock Steps Down
Spies, formerly the senior vice president of sales for Pentland Brands North America, brings over 17 years of experience from his tenure at Converse, including his last role as vice president of its wholesale business for North America.
Under Armour Taps Yuron White as SVP, Sportswear, Run, Basketball/Curry & Collabs
White joins Under Armour from New Balance, where he was the VP of Global Lifestyle, Basketball and Innovation. Before that, he worked at Nike where, most recently, he was the VP of Performance Sports and Cross Category Concepts.
Wolverine Worldwide Enters Licensing Agreements for Merrell and Saucony Brands
WWW entered two new global licensing agreements as part of its ongoing “strategic transformation” into a brand-led growth company for Merrell and Saucony kids footwear and Merrell apparel and accessories.
Big 5 Sporting Goods Falls to Q1 Loss as Comps Fall 13.5 Percent
The company said the calendar shift of the Easter holiday, during which the company’s stores were closed, from Q2 2023 to Q1 2024, negatively impacted sales comparisons by approximately 100 basis points.
Fanatics Adds Sunderland AFC to Football Club Portfolio
Fanatics becomes the exclusive operator for the Club’s online and stadium store and includes a significant investment in a new retail store at the Stadium of Light.
Wolverine Worldwide Appoints Chief Legal Officer and Corporate Secretary
Dave Latchana was promoted to chief legal officer and corporate secretary, overseeing the company’s legal, compliance, corporate communications, risk management, ESG, security, and loss prevention functions.
Gymshark Names Adidas Exec As First Wholesale and Retail Boss
Hannah Mercer joins the activewear brand after working at Adidas for six years as global vice president, where she reportedly “masterminded and executed the brand’s global retail strategy.”
Reef Appoints New CFO
Daniella Turenshine is Reef’s new chief financial officer. Most recently, she was the CFO at Figs since December 2021 and, before that, the senior vice president of Finance and Strategy since November 2018 at Figs.
Skechers Opens First Concept Store In Brussels
Skechers expanded its retail presence across Belgium with a new 5,270-square-foot store showcasing the brand’s footwear, apparel and accessory collections.
Rally House Opens Storefronts in Chicago, New Jersey, New York, and Kentucky
The retailer opened Rally House Old Orchard (Chicago), Rally House Deptford Mall (Deptford, NJ), Rally House Jefferson Mall (Louisville, KY), Rally House Walden Galleria (Buffalo, NY)
