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Macy’s Appoints CTO

Macy’s Inc. announced that Naveen Krishna will be appointed chief technology officer. She was vice president of technology for The Home Depot.

Perry Ellis To Be Taken Private In $437 Million Deal

Perry Ellis International agreed to go private in a deal valued at $437 million, four months after George Feldenkreis, the founder and former executive chairman, made a bid for the apparel company.

Reports: Puma To Sign Marvin Bagley

Puma, marking the company’s return to performance basketball this year, has signed top NBA draft prospect Marvin Bagley III to a five-year endorsement deal.

Canada Goose’s Q4 Revenues More Than Double

Canada Goose Inc. reported net income of Canadian $6.6 million, or 7 cents a share, in the fourth quarter ended March 31, rebounding from a loss of C$23.3 million, or 23 cents, a year ago.  Revenues catapulted 144 percent.

Eddie Bauer Names Damien Huang President

Eddie Bauer announced that Damien Huang has been named president. Huang was most recently Eddie Bauer’s senior vice president of merchandising & design.

Licensing Expo’s Key Attendance Expands

Licensing Expo, held in Las Vegas from May 22 to 24, 2018, saw significant growth in key areas among its attendee base, including a 10 percent increase in retailers and 16 percent increase in first-time attendees.

Rue21 Appoints Laurie Van Brunt President And CEO

Rue21 appointed Laurie Van Brunt president and chief executive officer, Michele Pascoe as senior vice president and chief financial officer and Stephen Sommers as senior vice president and chief marketing officer.

Former Billabong CEO To Head Gap Chain

Gap Inc. appointed Neil Fiske, the former chief executive officer at Billabong and Eddie Bauer, as president and chief executive officer of Gap brand.

May Retail Sales Up 5.6 Percent Over Last Year

May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation said Thursday. The numbers exclude automobiles, gasoline stations and restaurants.

Adidas, Nike Again Dominate World Cup

With FIFA World Cup 2018 starting in Russia, Adidas is sponsoring 12 of the 32 teams, a slight edge over Nike, at 10. Puma has four teams, New Balance has two and Umbro has one team, Peru.