SGB Update

Nike Shareholders Reject Pay Equity Proposal

At Nike, Inc.’s annual meeting Tuesday, shareholders voted against a proposal seeking a more detailed report on pay gaps across race and gender. Shareholders also rejected a proposal over the disclosure of human rights commitments.

Fanatics Appoints New CEO for Commerce Business as Doug Mack Retires

Fanatics hired Andrew Low Ah Kee as CEO of Fanatics Commerce, effective immediately. Over the past decade-plus, Fanatics Commerce, the company’s largest business, reportedly “transformed from a domestic e-commerce company into a global omnichannel business.”

Nordstrom Rack to Open New Store in San Diego

With this new location opening in Fall 2024 and to other announced store openings, Nordstrom will operate 68 Nordstrom Rack stores, 22 Nordstrom stores, 5 Nordstrom Locals, and one asos | Nordstrom in California.

Rebel Athletic and Zer0 Cheer Expand Operations into Colombia

Zer0 Cheer is the exclusive distributor for select South American countries of Rebel Athletic shoes, bags and customized apparel, including practice wear and uniforms. The new office and warehouse will reportedly be fully operational this month.

The Rossignol Group Names VP Direct-to-Consumer

Daniele Milani joins the Group to continue “accelerating the growth of its DTC business, aiming at progressing from “10 percent to more than 15 percent of revenues by 2026.”

Windham Weaponry Shutting Down

Windham Weaponry, the firearms manufacturer based in Windham, ME, announced it is closing its doors due to financial challenges.

Pelican Products Appoints James Curleigh as CEO

The maker of protective cases, coolers, outdoor accessories, and temperature-controlled packaging, appointed James Curleigh as CEO. The outdoor industry veteran was, most recently, CEO of Gibson Guitars.

Caleres Names First Chief Design & Product Officer

The company promoted Natelle Baddeley to the role with creative oversight for the majority of the Caleres brand portfolio, including Naturalizer, Vionic, Dr. Scholl’s, Veronica Beard, Vince, Franco Sarto, Blowfish Malibu and LifeStride.