SGB Update Footwear
Arc’teryx Seeks To Block Adidas’ Terrex Trademark Registration
Arc’teryx seeks to block Adidas from registering the “Terrex” name in U.S. retail stores. Earlier this year, the company sued Adidas in Canada for opening a Terrex store in Vancouver.
Survey: Pickleball On the Rise in Community Associations
According to a recent Snap survey by the Community Associations Institute Foundation for Community Association Research, 77 percent of respondents said that the pickleball courts in their communities were in “Moderate” or “High” demand.
REI Co-op Hires VP of Merchandise Planning and Inventory Management
REI Co-op hired Jackie Major as vice president of merchandise planning and inventory management, leading its merchandising team, overseeing planning and inventory management strategy and sales and operations planning.
Intersport International Corp. Appoints First Chief Commercial Officer
Pierre Irelli will assume the lead of the IIC’s Commercial Division. Irelli has been chief product officer at Intersport France since 2019. He first joined Intersport in 2013 as a category manager for Team Business.
Under Armour Names Chief Design Officer
Under Armour announced that fashion industry veteran John Varvatos will join the company as chief design officer, leading the design direction for the company and overseeing its design studios in New York, Baltimore and Portland, OR.
SGB Media Releases August 2023 Most Read Articles, Key Metrics
SGB Media published a quick review of the top stories from August 2023 that drove pageviews up 14 percent month-over-month to almost 184,000, while total users grew 10 percent and time spent on the site by each user rose 19 percent for the period.
Active Lifestyle Stocks Move in S&P 500, S&P MidCap 400 Indices
Newell Brands and Foot Locker are moving to the SmallCap 600 from their former positions in the S&P 500 and S&P MidCap 400, respectively, and Vail Resorts, Inc. enters the S&P MidCap 400 index.
Sportsman’s Warehouse Opens First Storefront In Arkansas
Sportsman’s Warehouse opened a store in Hot Springs, marking its first retail location in Arkansas.
Report: HS Sports Participation Continues Post-COVID Rebound
Participation in high school sports eclipsed 7.8 million in the 2022/23 school year, reflecting a sharp increase from the previous year as the National Federation of State High School Associations (NFHS) completed its High School Athletics Participation Survey for a second time after the pandemic interrupted its data collection.
Mizuno Adds 25-year Industry Product Vet to Leadership Team
The company added Chris Brewer to its leadership team to focus on the running category.
Authentic Closes on Acquisition of Boardriders
Authentic issued a quick statement late Friday morning that it had closed on the acquisition of street- and actions sports-lifestyle brands Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper, Honolua, and Boardriders.
REI to Open in Ithaca, NY
REI Co-op plans to open a store in Ithaca, NY in the summer of 2024 and hire approximately 50 employees.
JCPenney Sets $1 Billion Modernization Program
Furthering turnaround efforts, JCPenney announced it will reinvest more than $1 billion into the business by fiscal year 2025 to “elevate the customer experience and gain operating efficiencies.”
Globe International CFO and Company Secretary to Depart at Year-End
Chief Financial Officer and Company Secretary Jessica Moelands, a 20-year company veteran, tendered her resignation from Globe International. Globe said Moelands will finish her employment with the company on December 31, 2023.
Wolverine Worldwide Continues Brand Portfolio Consolidation with New Deals
The company has sold the Hush Puppies intellectual property in China, Hong Kong and Macau, to its current sublicensee, Beijing Jiaman Dress Co., Ltd., and sold the U.S. Wolverine Leathers business to New Balance.
