Nike Hires New DEI Chief
Nike hired James Loduca, formerly Twitter’s VP of DEI as its new DEI officer. As the Portland Business Journal reported, Loduca is the fifth person in the role since 2019. He replaces Jarvis Sam, who left after only six months in the job last November.
Roots Adds Creative Director In Residence
Roots Corp. hired Joey Gollish as creative director in residence, effective March 7 through 2025; this represents the first time in the company’s history that it added an outside creative to work for the brand.
Rally House Continues Expansion In Ohio With Graceland Store
Ralley House, the nationally known sports and merchandise retailer continued its expansion into Columbus, OH with the opening of its Graceland store, giving more customers access to local merchandise and sports apparel.
VF Corp. Closes Second €500 Million Green Bond
VF Corporation has closed on a €500 million green bond offering, representing its second green bond issued. The inaugural green bond was issued in 2020.
Weyco’s Q4 Sales Dip, Bogs Wholesale Revenues Down 14 Percent
Weyco Group, Inc. reported sales declined 2 percent in the fourth quarter ended December 31. On a wholesale basis, sales of Bogs and Florsheim both declined 14 percent while sales expanded 18 percent at Nunn Bush and 5 percent for Stacy Adams.
NPD And Information Resources, Inc. Rebrand As Circana
Following their merger in August 2022, Information Resources, Inc. (IRI) and The NPD Group (NPD) unveiled a new combined company name and brand identity: Circana.
Lacrosse Unlimited Launches Licensed Uniform Program
Lacrosse Unlimited, which operates 45 stores in the U.S., launched a licensed uniform program featuring lacrosse brands Maverik, STX, GAIT, and ECD.
Peak Ski Company Adds Key Leadership Role
Peak Ski Company, launched by co-founders Bode Miller and Andy Wirth, hired pro skier and stunt coordinator JT Holmes as senior director of innovation and business development.
Thor Industries’ Fiscal Q2 Sales Fall Sharply; NA Towable RV Sales Drop 58 Percent
Thor Industries, Inc. saw consolidated net sales fall 39.4 percent to $2.35 billion in the second quarter of fiscal 2023. North American Towable RV net sales were down 58.2 percent for Q2 while North American Motorized RV net sales decreased 24.4 percent and European RV net sales decreased 10.6 percent for the period.
HanesBrands Forms Exclusive Apparel Deal With UCLA
HanesBrands (HBI) secured the exclusive rights to design, manufacture and distribute UCLA fan apparel in the mass retail channel. The multi-year agreement will see HBI developing exclusive collections for men’s, women’s, unisex, youth, infant, and toddler apparel.
Authentic Brands Group Nearing Deal To Acquire Boardriders, Inc. For $1.3 Billion
Authentic Brands Group, Inc. is nearing a deal to acquire Boardriders, Inc., the parent of Quiksilver and Billabong, for $1.3 billion, sources told Bloomberg.
Camping World Closing Down Active Sports
In a regulatory filing, Camping World Holdings said it plans to “exit and restructure operations of its indirect subsidiary, Active Sports,” which includes its retail store and warehouse in Little Canada, a suburb of Minneapolis-St. Paul, MN, as well as the The-House.com website.
Dick’s SG Sees Q4 Comp Sales Up 5.3 Percent; Net Income Falls 32 Percent
Dick’s Sporting Goods, Inc. revenues increased 7.3 percent to $3.60 billion for the fourth quarter ended January 28. Comp-store sales increased 5.3 percent for Q4. Net income fell 32 percent to $236 million, or $2.60 per share, for the fourth quarter.
Vail Resorts Closing 19 Colorado Retail Locations
SSI Venture, the retail arm of Broomfield-based Vail Resorts, reported to the State of Colorado that it plans to close 19 equipment rental and retail locations in Aspen, Telluride and Snowmass Village. The move will permanently eliminate 69 jobs.
Bill Parks, Founder Of Northwest River Supplies, Passes Away
On March 5, Bill Parks, the founder and president of Northwest River Supplies, died of natural causes at 88.
