Jordan Brand Hires VP/GM, Women’s
Nike’s Jordan Brand hired Tonia Jones as VP and GM of its women’s business. Jones is a 33-year Nike veteran.
Veil Camo Acquires Crane Graphics Converting Company
Veil Camo, based in Wichita, KS, has acquired has Crane Graphics. Crane Graphics is a heat transfer paper and hydrographic film converter that has been supplying Veil patterns since Veil was founded.
Peloton To Cut Another 500 Jobs
Peloton Interactive plans to cut another 500 jobs as part of its turnaround efforts; this is the company’s fourth round of layoffs in 2022.
The Buckle’s Comps Increase 2.7 Percent In September
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 5-week period ended October 1, 2022 increased 2.7 percent from comparable store net sales for the 5-week period ended October 2, 2021.
Under Armour Announces Two Executive Leadership Roles
Under Armour, Inc. named David Baxter as president of the Americas, succeeding Stephanie Pugliese who resigned from her position. Mehri Shadman was promoted as chief legal officer and corporate secretary, replacing John Stanton, who retires at the end of 2022.
Head Sportswear Increases North American Sales And Marketing Team
Head Sportswear hired Greg Johnson and Madison Steven to its North American sales and marketing team.
Accell Group Assigned “B” Debt Rating From S&P
S&P Global Ratings assigned a ‘B’ long-term issuer credit rating to Sprint HoldCo B.V., the holding company of Accell Group.
IHRSA Expands Leadership Team
IHRSA announced that Jeffrey Solsby would join the fitness trade group, effective October 12, as senior vice president of communications.
Target Names Chief Digital And Product Officer
Target Corp. hired Prat Vemana as executive vice president, chief digital and product officer, effective October 31, reporting to chief guest experience officer Cara Sylvester.
3Step Sports Acquires Patriot Lacrosse Club
3Step Sports, the youth sports club and event operator, acquired Patriot Lacrosse Club, adding the youth training and development organization to its lacrosse division.
Evo Announces Promotion And New Hire
Evo announced that Rebecca Heard, vice president of brand, marketing and e-commerce, had been promoted to chief marketing officer. Katie Little, formerly working for Lululemon, was hired as director of stores, U.S.
Buffalo Groupe Acquires Sports Marketing Surveys USA
Buffalo Groupe, LLC, a collection of agencies, events and media properties, acquired Sports Marketing Surveys USA. The acquisition builds on Buffalo Groupe’s acquisition of Longitudes Group in January 2021.
Helen Of Troy’s Home & Outdoor Segment Q2 Growth Boosted By Osprey Acquisition
Helen of Troy reported sales at its Home & Outdoor segment, which includes OXO, Hydro Flask and Osprey, increased 11.8 percent in its second quarter ended August 31 to $240.6 million. Gains from the acquisition of Osprey were partially offset by a decrease from organic business of 9.0 percent, driven by a decline in sales in home-related categories. Helen of Troy reduced its outlook for the year.
NICS Firearms Background Checks Slide 7.9 Percent In September
The September 2022 NSSF-adjusted National Instant Criminal Background Checks (NICS) fell 7.9 percent to 1.24 million compared to the September 2021 NSSF-adjusted NICS figure of 1.35 million.
Amazon Freezes Corporate Hiring In Retail Segment
Amazon has halted all corporate hiring for its retail business through the end of 2022, according to an internal announcement obtained by The New York Times.
