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.
Veo Strip Appoints Nike Veteran as Company’s First CEO
The company that created a product to prevent sweat from affecting an athlete’s vision during physical activity has tapped former Nike executive Tom Kelley as its first CEO.
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.
ThredUp Sees Easy Beat for Preliminary Q4 Results Against Latest Outlook
The company posted total fourth quarter revenue growth of 9 percent in the U.S. market year-over-year, compared to the company’s initial guidance of a decline of 6 percent to 2 percent for the period
Purpose Brands Appoints Brand President for Orangetheory Fitness
Lauren Cody assumes the role on January 27, with Orangetheory Co-founder and CEO Dave Long fully transitioning to co-chair of the Purpose Brands board, where he will serve as a strategic advisor to the Orangetheory brand leadership team.
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.
Zumiez Inc. Cuts Guidance as Mid-Singles Holiday Comps Growth Falls Short
Based on results for the holiday period, the company anticipates fiscal 2024 fourth-quarter net sales come in between $275 million and $277 million, compared to its previous guidance range of $284 million to $288 million.
MeatEater, Inc. Appoints Kevin Eskridge as Chief Commercial Officer
Kevin Eskridge joins MeatEater from Brunt workwear and after an 11-year tenure at Under Armour. Scott Trepanier, who reports to Eskridge, also joined MeatEater after a 14-year career at Columbia Sportswear, most recently as VP marketing.
Nanuk Gear Protection Appoints VP of Global Sales for Consumer Division
Terri Schiek has over 30 years of experience working in executive roles with companies such as SA Consumer Products, Igloo, and Pelican Products.
Foot Locker, Inc. Elects Two Retail Heavy Hitters to Board of Directors
Sonia Syngal most recently served as president and CEO of Gap, Inc., including overseeing Old Navy, Gap, Banana Republic, and Athleta. John Venhuizen has served for 12 years as president and CEO of Ace Hardware Corporation.
Otis Technology Announces Sales, Marketing & Operations Promotions
The manufacturer of gun cleaning systems and accessories has implemented key promotions and new hires to achieve its strategic long-term goals.
Planet Fitness Strengthens Leadership Team with Two New Appointments
Chip Ohlsson was appointed chief development officer, effective January 20, and Brian Povinelli as chief marketing officer, effective February 10. Ohlsson has extensive hospitality industry experience, Povinelli is a seasoned marketing executive with over 30 years of experience working with hospitality and apparel brands and agency experience.
Authentic Brands Group Appoints New Company President
Over his two-decade career at Wynn Resorts, Matt Maddox reportedly played a pivotal role in the company’s global expansion. Nick Woodhouse will become executive vice chairman of Authentic.
Revelyst Names President, Licensing and Entertainment
Simon Waters assumes the newly-created role for the company’s expansive outdoor portfolio, which includes Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, and Simms Fishing.
Pickleball Kingdom Appoints President and Chief Global Officer
Rob Streett was promoted from chief operating officer to president and chief global officer. He will focus on scaling the brand across multiple regions and creating a global network of pickleball centers.
