Peloton Compliance Chief Joins Snap
The head of compliance and risk at Peloton Interactive, Inc., Lance Lanciault, has left the company and joined Snapchat parent Snap, Inc.
Rally House Adds Location In Dallas
Rally House has opened another location in the Dallas market. Rally House Preston Forest is 15 minutes north of downtown.
Yeti’s CFO Resigns
Yeti Holdings, Inc. announced the resignation of its chief financial officer, Paul Carbone, effective October 28, 2022. Carbone is returning to Boston to pursue a business opportunity and be closer to family.
JD Sports’ Profits Slide In First Half
JD Sports reported an 18.2 percent drop in pre-tax profits for the six months ending July 31, partly due to the U.S. government support it received as part of the country’s COVID stimulus package last year, which boosted year-ago results. Sales grew 13.7 percent year-over-year.
Luxury Footwear Brand, Freebird, Opens New Stores
Freebird, known for its handmade leather boots, announced the opening of stores in Charleston, SC; San Antonio, TX; as well as a storefront in Las Vegas, NV.
PVH Corp. Appoints Chief Strategy Officer
PVH Corp., the parent of Calvin Klein and Tommy Hilfiger, hired Sara Bland as executive vice president and chief strategy officer, effective October 31, reporting to CEO Stefan Larsson.
Taurus Hires Marketing Manager
Taurus announced it hired Caleb Giddings as marketing manager for the manufacturer of handguns for defense, hunting and sport shooting.
Greg Norman Collection Hires Creative Director
Greg Norman Collection announced it hired Peter Bentivegna as vice president and creative director, overseeing men’s and women’s design and product development across the brand’s green grass, wholesale and DTC retail channels.
Columbia Sportswear Sets Three-Year Growth Targets
Columbia Sportswear Company introduced its three-year financial targets aimed for a 9 perdent to 11 percent organic sales growth and 12 percent to 15 percent EPS growth on a compound annual growth rate (CAGR) basis from 2022 to 2025. The targets were announced ahead of its first Investor Day, scheduled for September 22, at its headquarters in Portland, OR.
Activist Calls For Leadership Changes At Kohl’s
On Thursday, activist shareholder Ancora Holdings Group, LLC urged Kohl’s Corp. board to replace its Chairman Peter Boneparth and Chief Executive Michelle Gass with leaders with turnaround experience. In a letter to the board made public, Ancora said the retailer’s “botched strategic review, credit downgrade, dramatic decline in sales, elevated costs and poorly received standalone plan” have placed it on a “dangerous trajectory.”
Wolverine Worldwide, 3M To Pay $54M In PFAS Class Settlement
A judge has given tentative approval in a $54 million settlement involving Wolverine Worldwide and 3M Co. related to a class action lawsuit over PFAS chemicals that contaminated drinking water in western Michigan. The chemicals from a since-closed tannery were discovered five years ago.
Mammut Hires Chief Commercial Officer
Mammut Sports Group AG appointed Felix Muennich as chief commercial officer, effective November 1. Muennich is an 18-year veteran working in the sporting and consumer goods industry, most recently at Nike.
Arc’Teryx Hybrid Retail Store And ReBird Service Center Opens In Boulder
The Arc’teryx hybrid retail brand store and ReBird Service Center opened in Boulder, CO on Pearl Street on September 17. This is the second U.S. and third global ReBird Service Center for company. A hub for Arc’teryx’s ReBird program of upcycling, resale, care and repair, is the Service Center offers customers a suite of circular […]
Smith Adds Global VP Of Sales
Smith, the manufacturer of snow goggles and helmets, promoted Rob Retzlaff to global vice president of sales.
BTI Adds Outside Reps To Cover U.S.
Bicycle Technologies International (BTI) hired five additional reps to expand its coverage in the U.S.
