Macy’s, Inc. Swings to Q2 Profit But Lowers Guidance on Consumer Caution
Macy’s, Inc. reported it updated its annual outlook to reflect a more discriminating consumer and heightened promotional environment relative to its prior expectations.
The F45 Group Opens First FS8 Studio at MCAS Miramar
The company’s first on-base FS8 Studio will open on Friday, August 23, at Marine Corps Air Station (MCAS) in Miramar, CA. The new studio will join the company’s existing on-base F45 Training studio.
Nordstrom to Open New Rack Store in Arizona
Nordstrom will open a new 26,000-square-foot Nordstrom Rack store in Surprise, AZ, in fall 2025, in Prasada North, a shopping center with Target and Starbucks owned and managed by SimonCre.
Fleet Feet Adds Key Execs in Store Support, Supply Chain and Business Ops
Amy Diebler joins the company’s store support team as chief financial officer, Mary-Chelsea Banister joins as vice president of supply chain transformation, and Kevin Staudt joins Fleet Feet as vice president of business operations.
Unified Commerce Group Acquires Greats Brand, Invests in Retailer Böhme
Greats, founded in 2014 in Brooklyn, NY, is known for its direct-to-consumer footwear model. It now becomes the third brand in UCG’s portfolio. The company also reported investing in Utah-based womenswear retailer Böhme, founded in 2006 by Vivien and Fernanda Böhme.
President of the Fashion Institute of Technology to Depart
FIT President Dr. Joyce Brown will step down at the end of the 2024/25 academic school year, concluding nearly 26 years of service to the institution.
ABC Fitness Appoints Chief Marketing Officer
Maggie Lower joins the company executive leadership team reporting to CEO Bill Davis. She leads a staff of over 40 marketers “dedicated to growth and brand-building across ABC Fitness’ platforms.”
Pickleball Kingdom Wisconsin Franchisees Adding Third Location
This will be the third PK club that franchisees Greg Straub and Doug Reigle are bringing to the Badger State, with the other two coming to Menomonee Falls and Madison.
Scott Sports Appoints Co-CEOs and Expands Executive Leadership Team
Juwon Kim and Pascal Ducrot were hired to new roles as co-CEOs of Scott Sports and added as members of its executive leadership team.
Brunswick Corp. Makes Key Leadership Changes as Navico Group President Departs
Aine Denari, Brenna Preisser, and Will Sangster will reportedly assume their new roles as presidents of their respective divisions immediately. Brett Dibkey, who preceded Denari as president, Navico Group will leave the company at the end of the August after assisting with the transition.
Nike’s Licensee for Kids Apparel, Haddad Brands, Adding Abercrombie Kids to Portfolio
A&F said Haddad Brands, which has the children’s apparel license for Converse, Hurley, Jordan, and Nike in the active lifestyle space, is “uniquely positioned to support the brand’s long-term growth.”
Iron Valley Supply Promotes Jacob Ring to Director of Product Management
Previously, as a key member of the company’s purchasing department, Ring managed over 5,000 products across 50 product lines, demonstrating exceptional organizational skills and strategic insight.
Leupold & Stevens Bolsters Regional Sales Team
The company promoted Kevin Graves to Eastern Region sales manager, Cody Braden to Central Region sales manager and Josh Andrews to Western Region sales manager, reporting to Leupold’s National Sales Manager, Jay Montrose.
Amer Sports Raises FY Guide as Wilson Returns to Growth, Salomon and Arc’teryx Grow DD
The parent company of the Arc’teryx, Salomon, and Wilson Sports businesses, among others, raised its full-year sales and earnings guidance based on its strong Q2 results. The Wilson brand returned to growth, Salomon footwear posted DD growth and Arc’teryx continued its 30 percent-plus growth.
Ashworth Golf Appoints Andy Bell as CEO
As CEO, Bell will focus on further elevating the brand’s market share and bolstering product lines and innovation to meet golfers’ evolving needs.
