SGB Update

Walmart, Inc. Appoints New EVP, Chief Merchandising Officer

Walmart, Inc. promoted Latriece Watkins to EVP, chief merchandising officer, effective immediately. She replaces Charles Redfield, who will step down on May 1 to assume an advisory role supporting Walmart’s U.S. business.

Foot Locker Names Nike Exec To Lead WSS Banner

Foot Locker, Inc. hired Blanca Gonzalez as senior vice president and general manager of its WSS banner, effective May 15. Gonzales joins Foot Locker from Nike, Inc., where she was the vice president of North America product merchandising.

USTA Names Managing Director, Strategy And Innovation

The U.S. Tennis Association (USTA) hired Liz McSorley in the newly-created position of managing director, Strategy and Innovation. McSorley, will work from Orlando, FL, reporting to Craig Morris, USTA’s chief executive, Community Tennis.

Moncler SPA’s Q1 Sales Expand 23 Percent

Moncler S.p.A. reported sales grew 23 percent on a reported and currency-neutral basis in the first quarter with healthy double-digit growth in the DTC channel at the Moncler and Stone Island brands.

BJ’s Wholesale Club Appoints Chairman

BJ’s Wholesale Club Holdings, Inc. announced that its board of directors appointed President and CEO Bob Eddy as board chairman, effective June 15. Eddy succeeds Chris Baldwin, who will remain on its board as a director.

Moncler Names Stone Island CEO

Moncler Group hired Robert Triefus as CEO of the Stone Island brand, effective June 1. Moncler acquired the Italian high-end streetwear and fashion brand in 2020.

SidelineSwap Secures Investment From eBay

SidelineSwap, the online marketplace for new and used sporting goods, announced a strategic investment from eBay Ventures, the corporate venture arm of eBay, Inc., and follows an investment in November 2022 from DSG Ventures, the corporate venture arm of Dick’s Sporting Goods.

REI Chicago Employees Vote To Unionize

The Retail, Wholesale and Department Store Union (RWDSU), announced Thursday that, by an overwhelming majority vote of nearly 84 percent, workers at REI, Inc. in Chicago, IL, voted to join the RWDSU, making this the fourth unionized REI store in the country.

Recco Hires North American Sales Manager

Recco, the manufacturer of advanced rescue technology, hired Billy Treacy as North American sales manager as it continues its expansion into the North American market and four-season usage.