SGB Update Footwear
Skechers Opens First Performance Flagship Location in Canada
The new retail destination at Canada’s West Edmonton Mall offers an immersive experience featuring half-courts and the company’s broad performance range including Skechers’ basketball, running, golf, soccer and pickleball technologies.
Birkenstock Holding Makes Change at Chief Financial Officer Position
The company has appointed Ivica Krolo as chief financial officer of the Birkenstock Group, effective February 1. He succeeds Dr. Erik Massmann.
Saks Fifth Avenue Enters Franchise Agreement to Open Store in India
The New York City-based luxury retailer, has entered into a franchise agreement for the Indian market with retail giant Reliance Retail. As part of the agreement, Reliance Retail will expand Saks Fifth Avenue’s operations nationwide.
Moncler Appoints International Chief Brand Officer
In this newly created role, Rob Manley joins the company from Burberry, where he was the chief marketing officer until Fall 2024.
Nordstrom Rack to Open Four New Stores in Florida in Fall 2025
Nordstrom, Inc. announced plans to open a Nordstrom Rack store in Estero, FL, in Fall 2025. In addition to this location, Nordstrom Rack will open new stores in Coral Springs, Melbourne and Lakeland, FL, also in fall 2025.
Amer Sports Sees Return of Former Communications and IR Chief Päivi Antola
Antola is returning to Amer Sports after leading corporate communications and investor relations from 2010 to 2018. She will join the company in April 2025 at the latest.
OrthoLite Appoints Country Manager for OrthoLite Indonesia
Bo Grabowski will manage overall operations at OID, which will include leading manufacturing and business development, as well as establishing and managing relationships with brands and Tier 1 factory partners.
Magnum Boots Inks U.S. Distribution Deal with K Brands
The company has appointed U.S. Army and industry veteran Glen Reich as executive director of K Brands, the newly formed brand management and distribution arm of Kroll Corporation, Inc.
Target Maintains 2024 EPS Guide, Posts 2 Percent Holiday Comp, Shifts Leadership Team
Holiday sales were reportedly driven by a nearly 3 percent increase in traffic, representing gains across both stores and digital channels. During November and December combined, digital sales grew nearly 9 percent over the 2023 period.
Parent of 5.11, BOA, Primaloft, and Velocity Outdoor Amends Management Agreement
Compass Diversified Holdings has entered into a Seventh Amended and Restated Management Services Agreement with Compass Group Management LLC, the company’s manager.
Big 5 Sporting Goods Narrows Q4 EPS Guide After Comps Fall 6.1 Percent
The company now expects to report a loss per basic share in the range of 94 cents to 97 cents for Q4, which compares to previous guidance for a loss per basic share in the range of 80 cents to $1.05.
Cotton Inc. Promotes William Kimbrell to President and CEO
The 22-year veteran of Cotton Inc. was executive vice president and chief operating officer before his promotion to CEO and president in November.
CNBC/NRF: Retail Monitor December Retail Sales Jump; Sporting Goods Rebounds
Core Retail Sales, excluding restaurants, auto dealers and gas stations, rose 2.2 percent m/m in December and up 8.4 percent y/y. That compared with a decrease of 0.19 percent m/m and an increase of 1.4 percent y/y in November.
Urban Outfitters Posts Strong Holiday Led by Anthropologie and Free People Comps
Comparable Retail segment net sales increased 10 percent at Anthropologie, grew 9 percent at Free People, and decreased 4 percent at Urban Outfitters. Nuuly segment net sales increased 55 percent.
RG Barry Brands Names Justine Suh President of Dearfoams
Most recently, Suh served as general manager at Carter’s North America Retail. Before that, she was chief merchandising officer at Cole Haan and VP, global general merchandise manager of Omni Channel at Deckers Brands.
