SGB Update

Pelican Products Hires SVP Of Product & Marketing

Pelican Products, Inc. hired Monica Rigali as senior vice president of product and marketing. Most recently, Rigali was the vice president of global brand management at JanSport/VF Corp.

China’s Economic Growth Accelerates With Consumption Boost

According to China’s National Bureau of Statistics, China’s economy grew 4.5 percent in the first quarter. The accelerated growth marked the fastest pace in a year and relieved Nike, Adidas, VF Corp., and several industry-leading vendors with heavy exposure in the world’s second-largest economy.

Vuori Taps Big Brands For Four New C-Suite Hires

Vuori has hired a chief operating officer, general counsel/corporate secretary, chief people officer and chief information officer, each with big brand experience with Yeti, Vans, Starbucks and Beachbody, respectively.

Nike Becomes Presenting Sponsor Of MLB’s RBI Program

Nike, Inc. announced a partnership with Major League Baseball as the presenting sponsor of the Reviving Baseball in Inner Cities (RBI) Program, the MLB’s youth initiative to provide baseball and softball playing opportunities for kids living in areas that are underserved.

SFIA: Sporting Goods Industry’s 2022 Growth Boosted By Inflation

The Sports & Fitness Industry Association (SFIA) released its 2023 State of the Industry Report, showing 4.3 percent revenue growth in U.S. wholesale sales of athletic footwear, apparel, sports and fitness equipment, and licensed products in 2022.

Crocs’ Chief Legal Officer Sets Plan To Retire

Crocs, Inc. reported in a regulatory filing that Daniel Hart, the company’s executive vice president, chief legal and risk officer provided notice of his intent to retire, effective April 1, 2024.