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VF Corp. CEO Steve Rendle Honored By Corporate Responsibility Magazine
VF Corp. on Thursday announced that the company’s chairman, president and CEO Steve Rendle has been recognized by Corporate Responsibility (CR) Magazine as a Responsible CEO of the Year. The annual awards are given to corporate leaders who are committed to a progressive environmental, social and governance agenda.
Duluth Holdings Opens 43rd Store in Greensboro, NC
Duluth Holdings Inc. (dba, Duluth Trading Company) on Thursday announced the grand opening of the company’s 43rd store in Greensboro, NC. The store is located at 5400 Hornaday Road, Greensboro, NC, 27407.
Pentland Brands Appoints CFO
Pentland Brands Limited announced the appointment of Katrina Nurse as the company’s new chief finance officer.
Amer Sports Profits Jump In Q3
Amer Sports reported earnings in the third quarter jumped 47.0 percent as sales gained 8.5 percent. The gains were led by the Outdoor segment which saw sales expand 12 percent on a currency-neutral basis. The Ball Sports segment was ahead 4 percent and Fitness segment was flat.
Puma Slightly Lifts Full-Year Guidance On Q3 Beat
Puma reported net earnings rose 24.8 percent in the third quarter as sales grew 14 percent on a currency-neutral basis. The gains were driven by double-digit growth in the Americas and Asia/Pacific regions.
Jury Finds Three Defendants In Adidas Basketball Corruption Trial Guilty
All three defendants in the college hoops corruption trial, Adidas executive James Gatto, former Adidas consultant Merl Code and former sports agent Christian Dawkins, were found guilty Wednesday by a federal jury.
New Era Signs Donovan Mitchell And Jayson Tatum
New Era Cap has added Donovan Mitchell of the Utah Jazz and Jayson Tatum of the Boston Celtics as ambassadors.
U.S. Polo Assn. Eclipses Milestone Of 1,000 Retail Stores
USPA Global Licensing Inc. (USPAGL), the official licensing arm and national broadcaster of the United States Polo Association (USPA), announced that U.S. Polo Assn. has surpassed a major milestone by opening approximately 1,050 monobrand retail stores globally.
Fila Signs NBA Hall of Famer Grant Hill To Lifetime Deal
Fila announced that the company has signed a lifetime deal with Grant Hill. More than two decades after he first joined the Fila family, the brand is reuniting with the NBA Hall of Famer.
Shimano’s Profits Expand 3.2 Percent In Nine Months
Shimano Group reported that net sales in the first nine months increased 3.2 percent from the same period of the previous year to ¥253.9 billion. Operating income increased 2.7 percent to ¥47.8 billion, ordinary income increased 35.2 percent to ¥54.8 billion and net income increased 42.4 percent to ¥40.0 billion.
Macy’s Names Shawn Outler Chief Diversity Officer
Macy’s Inc. has announced that Shawn Outler has been named EVP, chief diversity officer, effective October 29. Outler was previously EVP, licensed businesses, food services and multicultural initiatives.
REI Co-Op To Close All Stores Again On Black Friday, Thanksgiving
For the fourth year in a row, on Thanksgiving day and Black Friday, REI Co-op will close all 153 stores, process no online payments and pay more than 12,000 employees to “Opt Outside” with friends and family.
Luxottica Group’s Sales Expand 3.5 Percent In Q3
Luxottica Group, the parent of Oakley, Ray-Ban and Sunglass Hut, reported net sales in the third quarter of 2018 were up 3.5 percent at constant exchange rates thanks to the strong performance of the Retail division and e-commerce platforms as well as solid growth in Europe, North America and Asia-Pacific.
Columbia Sportswear Appoints Gap’s Former CFO To Board
Columbia Sportswear Company announced that the company’s board of directors has elected Sabrina Simmons to serve as a director and member of the Nominating and Corporate Governance and Compensation Committees, effective immediately.
Perry Ellis Completes Transaction With George Feldenkreis
Perry Ellis International Inc. on Monday announced the successful completion of the company’s acquisition by an entity controlled by George Feldenkreis in which Perry Ellis has become a private company through a $437 million transaction.
