SGB Update Footwear
Hypebeast To Open New York Flagship
Hypebeast will unveil its first-ever U.S. flagship building in the heart of Manhattan’s Chinatown on 41 Division Street this week.
NRF Praises House Passage Of Ocean Shipping Reform Act
The National Retail Federation issued a statement applauding the House’s approval of the Ocean Shipping Reform Act of 2022.
Mastercard SpendingPulse Forecasts 7.5 Percent Growth For U.S. Back-To-School Sales
Mastercard SpendingPulse forecasted that U.S. retail sales would grow 7.5 percent year-over-year from mid-July through the Labor Day back-to-school buying period. It anticipates that sales will be up 18.3 percent compared to the pre-pandemic 2019 selling season, with department stores a noteworthy winner as the retail sector continues its recent rebound.
Tecovas Appoints CEO
Tecovas, an Austin, TX-based Western footwear, apparel and accessories brand, announced that David Lafitte is joining the company as CEO effective June 27. Lafitte is currently the chief operating officer for Deckers Brands.
Academy Sports To Open Two Stores In Tampa Bay
Academy Sports and Outdoors, Inc. announced that it would open its first two locations in Tampa Bay, FL.
Zalando Acquires Highsnobiety
German fashion and beauty e-tailer Zalando is acquiring a majority stake in Highsnobiety, the streetwear news and e-commerce site.
Oberalp Group Makes Hires And Promotions
The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country and Evolv, has hired Phil Hoffman as sales manager, appointed Mike Sohasky as key account sales manager, and promoted Steve Goddard, Michael Casarrubia, and Eric Poore to new roles within the company.
Adidas Sues Nike Over Allegedly Infringing Apps And Shoe-Fitting Technology
Adidas AG filed a lawsuit against Nike, Inc. for allegedly infringing on its patents with its mobile applications and shoe-fitting technology.
Rothy’s Appoints Board Member
Rothy’s, Inc. announced that it has elected Jenny Ming to its Board of Directors. Ming, whose former roles include president of Old Navy and CEO of Charlotte Russe, will serve as an Independent Director on Rothy’s newly expanded Board.
Hibbett Announces Changes To Board
Hibbett, Inc. announced the resignation of Jamere Jackson, effective June 9, 2022 and the appointment of Pamela Edwards to its Board of Directors, effective June 10, 2022.
Emerald Plans Outdoor Adventure X Show
Emerald Expositions, the parent of the Outdoor Retailer show, will debut The Outdoor Adventure X show next June at the Snowbasin Resort in Huntsville, UT.
Zappos Appoints Chief Merchandising Officer
Zappos has appointed Joe Cano, who most recently served as general merchant of menswear and accessories at Walmart.com, as its chief merchandising officer.
REI Domestic Trip Offerings Experience Robust Growth
REI Co-op announced that its adventure trips have expanded to include domestic multiday excursions, guided day tours, rentals, and adventure center locations, and its experience offerings grew more than 60 percent in the last 12 months.
Culture Kings U.S. Appoints President
A.K.A. Brands Holding Corp. announced the appointment of Jonathan Yuska as president of its Culture Kings’ U.S. division, reporting to Simon Beard, CEO and co-founder, to its expansion in the United States.
Foot Locker’s CFO Joins Kontoor Brands Board
The Board of Directors of Kontoor Brands, Inc., the parent of Wrangler and Lee, appointed Andrew Page, EVP and CFO of Foot Locker, Inc., as a director.
