SGB Update Apparel

The Athlete’s Foot Promotes Matt Lafone to CEO
Matt Lafone, president and GM of Americas, takes the helm as global CEO, steering TAF toward a unified vision with new operational and innovation strategies.

Former Puma CEO Jochen Zeitz to Exit Harley Davidson Leadership Role
The Board of Directors of Harley-Davidson, Inc. has confirmed that it is currently engaged in an ongoing CEO search process as part of the Board’s succession planning responsibilities.

VF Corp. Promotes Abhishek Dalmia to EVP and Chief Operating Officer
The company’s Board of Directors has named Dalmia as EVP and chief operating officer and principal operating officer, effective April 3, 2025. He has served as EVP and chief strategy, transformation and digital officer since March 2024.

SuperX Appoints Ryan DeLuca to Advisory Board
Through official partnerships with Marvel, Star Wars, Mortal Kombat, DC Comics, Hasbro, Ubisoft, Disney, and more, SuperX is going from a niche brand focused on creating superhero activewear to being recognized as a collaborative fitness brand for pop culture.

Puma SE Promotes Tara McRae to President of North America Unit
McRae, who previously led Puma’s marketing and brand strategy in North America, will assume the role immediately, replacing Bob Philion, who leaves the company after 20 years, including eights years as North America president.

BDA Promotes Former Nordstrom Exec to Divisional VP of Program Management
Bensussen Deutsch & Associates, LLC (BDA) is the largest, independently owned branded merchandise agency with operations in over 50 locations worldwide. With a proven record of building large e-commerce solutions, Lisa Battistoni’s expertise will drive innovation and optimize BDA’s digital offerings.

Duluth Trading Welcomes Stephanie Pugliese Back as President and CEO
Pugliese replaces outgoing CEO Sam Soto, who announced last week he was leaving the business. She first joined Duluth Trading in November 2008 as VP of product and merchandising, and was promoted continuosly until assuming the CEO role in 2015, a role she served in until 2019.

Simms Fishing Launches Resale Program for Pre-Owned Gear
Launching first as a peer-to-peer (P2P) marketplace, Simms Recast allows the broader angling community to buy and sell pre-owned Simms gear direct with one another.

NRF: Consumer Spending Not Unraveling; Retail Sales Growth to Continue in 2025
The association’s 2025 sales forecast compares with 3.6 percent annual sales growth to $5.29 trillion dollars in 2024. This year’s forecast also aligns with the 10-year pre-pandemic average annual sales growth of 3.6 percent.

Off Season Apparel Brand Names Fanatics and NBA Veteran Exec as President
U.S. luxury sportswear brand Off Season, launched in collaboration with Fanatics and the NFL in January 2025, has appointed Victoria Picca as president.

Perfect Moment Closes on $6.4 Million Private Placement Funding
The 1,723,989 shares of Series AA Convertible Preferred Stock are convertible into shares of common stock at a fixed price of $1.1601 per common share. Participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, who invested $2.0 million.

Macy’s Advances “Bold New Chapter”; Appoints New Finance Head
Capri Holdings’ finance and operations head, Thomas J. Edwards, will become chief operating officer and chief financial officer at Macy’s, Inc., effective June 22.

Marathon Sports Acquires Fleet Feet Maine Running
Fleet Feet Maine Running, the two-store specialty store based out of Portland, ME, has concluded the sale of its specialty running business to Marathon Sports, a 26 location New England running specialty store brand based in Boston.
Sportsman’s Warehouse Swings to Adjusted Net Profit in Q4 on Flattish Comp Sales
On a comparable 13-week basis, fourth-quarter net sales decreased 0.9 percent compared with the fourth quarter of fiscal 2023. Same-store sales declined 0.5 percent year-over-year on a 13-week comparable basis.

PVH Corp. Shares Jump on Strong FY Finish, Positive 2025 Outlook
PVH shares jumped more than 15 percent in overnight trading. A supplemental announcement on Monday, March 31 may also have had an effect on the share gain as the company plans to enter into accelerated share repurchase (ASR) agreements.