SGB Update

ASTM Adds Board Member

ASTM International reported William A. Ells, vice president of sales at Vibram USA, will serve a three-year term on ASTM’s International board of directors.

Peloton Fined $19 Million For Unsafe Treadmills

Peloton Interactive has agreed to pay a $19 million fine for failing to promptly notify regulators of a known defect in its Tread+ exercise machines that could cause serious injury, according to the U.S. Consumer Product Safety Commission.

Lands’ End Sets Organzational Changes

Lands’ End Inc. reported executive leadership hires and organizational changes to support its business objectives and growth initiatives.

Delta Apparel Sales Dip In Fiscal First Quarter

Delta Apparel Inc. expects overall 2023 fiscal first quarter net sales of approximately $106 million for the three-month period ended December 31, a decline of 4.2 percent from $110.7 million in the year-ago comp period.

Merrell Hires New VP U.S. Sales

Merrell hired Jessica Adler as VP of U.S. sales. With nearly 20 years of experience in retail, Adler is responsible for the brand’s U.S. wholesale strategy.

Brunswick Corp. Introduces Boat Brand At CES

This week, Brunswick Corp. launched a new boat brand, Veer, at the CES show. The company said the boat supports electric propulsion and appeals to the “next generation of boaters.”

DSW Parent Appoints New CEO, Reiterates Outlook

Designer Brands, Inc., parent company of DSW and Topo Athletic, hired Doug Howe, president of DSW, to succeed Roger Rawlins as CEO, effective April 1, 2023, at which time Rawlins will step down as CEO and as a member of its board of directors.