SGB Update

Foot Locker CTO Elected to PRA Group Board of Directors

As Foot Locker’s CTO, Butler drives technology strategy, innovation and delivery across their digital, data and analytics, supply chain/merchandising and omni-channel experiences. In addition to serving on multiple boards, Butler is the recipient of numerous awards and recognitions.

Report: Resale Spending Trend Outpacing Traditional Retail

The findings collected by Consumer Edge show resale spending outpaced traditional retail in 2024, driven by budget-conscious consumers and an increased focus on sustainability amid an uncertain economic environment.

Helen of Troy Completes Acquisition of Olive & June

The parent of Osprey and Hydro Flask intends to update its outlook for fiscal 2025 to include the incremental impact of Olive & June in conjunction with the third quarter earnings release on January 9, 2025.

Z-Man Appoints Product Manager and Marketing Specialist

The company has hired Richard Dunham, a lifelong bass fisherman and industry veteran, in the newly created role of product manager role, and Marketing Specialist Abbie Skeen, who brings her skills in image and visual branding as well as graphic design.

Ombraz to Expand Retail Presence, Adds New Hire

The company plans to expand its representation in other U.S. regions outside the Southwest and Southeast. Internationally, it aims to expand its business in Japan while exploring distribution opportunities in Canada. In October, Samantha Putošová was hired as supply chain and operations manager.

Rusty Saunders Passes Away After 60 Years in SG Industry

Rusty Saunders had a successful 60-plus-year career in the sporting goods industry, having worked in retail, manufacturing and sales. He was inducted into the NSGA Hall of Fame in 2013. Saunders passed away on December 8 at age 88.