SGB Update

The RealReal Names CEO And Board Member

The RealReal, Inc., the largest online marketplace for authenticated, resale luxury goods, announced that John E. Koryl would join the company as CEO and a member of its Board of Directors, effective February 6, 2023. 

Kohl’s Eliminates 60 Headquarter Positions

Kohl’s Corp. reported Wednesday that it is eliminating 60 positions in the marketing and merchandising departments at its headquarters in Menomonee Falls, WI.

Report: Kohl’s Close To Naming New CEO

Kohl’s Corp. is in late-stage talks to name Tom Kingsbury as CEO, the New York Times reported on Wednesday, citing two spokespersons familiar with the conversation.

Boot Barn Slightly Lowers FY Guidance As Q3 Profits Fall

Boot Barn Holdings, Inc. slightly lowered its earnings guidance for its fiscal year ended March 31 while reporting third-quarter profits declined  23.7 percent on a 3.6 percent same-store sales decline. Third-quarter results were in line with a pre-announcement provided in early January.

PVH Names President Of Calvin Klein Americas

PVH Corp. hired Donald Kohler as president, Calvin Klein Americas. Over the past 15 years, Kohler has led the Americas region for global brands, including Burberry, Salvatore Ferragamo and Diesel.

ICSC: 2022 Holiday Sales Miss Forecasts On Promotional Pressures

The ICSC (International Council Of Shopping Centers) found holiday sales jumped 5.2 percent year over year, falling short of its forecast. ICSC’s survey found 43 percent of U.S. consumers indicating that low prices or good promotions were key motivating factors in where they shopped, significantly ahead of 33 percent in 2021.

Spyder Launches Rental Service

Spyder launched a skiwear rental program to improve the customer experience and in response to new consumption trends. 

Fanatics To Operate Online Store For Six Nations Rugby 

Fanatics signed a partnership agreement with Six Nations Rugby to operate its online store ahead of the 2023 rugby season. The live online site sells officially-licensed products, including jerseys, training, and lifestyle wear.