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Caleres CEO To Retire Next Year
Diane Sullivan, Caleres’ long-time CEO, will retire effective January 15, 2023. The company announced the news on Monday. Jay Schmidt, president of Caleres, will succeed Sullivan as chief executive officer, with Sullivan moving to the role of executive chairman.
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Filson Appoints President
Filson, the Seattle-based outdoor and apparel manufacturer, announced the appointment of Neil Morgan as president of the company.
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Luxury Retail’s Momentum Continues Into 2022
Despite record inflation and a plunging stock market, the rebound in luxury spending seen in 2021 has continued into 2022, according to recent reports from Bain and Bank of America (BOA).
Christensen Arms Hires SVP, Sales
Christensen Arms hired Jeremy Rosenberg as senior vice president of sales.
Springfield Armory Announces Vice President Of Sales And LE
Springfield Armory CEO Dennis Reese announced the company hired Phil Rawlings as vice president, sales and LE.
Buck Knives Adds Managers To Teams
Buck Knives announced that outdoor industry veteran Ken Vitale had joined the company as a product manager, while Katie Redman was hired as operations manager.
Lids Opens New College Retail Concept
Lids announced the launch of Lids University (Lids U), a retail concept for collegiate sports products and apparel.
A.K.A. Brands Sees 6 Percent Growth In Second Quarter
A.K.A. Brands Holding Corp. said it expects to show a loss in the second quarter ended June 30 as sales increased 6 percent. Current brands in the A.K.A. Brands portfolio include Princess Polly, Culture Kings, mnml, Petal & Pup, and Rebdolls.
MLB Officially Allowing Ads On Uniforms In 2023
Major League Baseball (MLB) is moving ahead with plans to add uniform and helmet advertising patches on uniforms next season.
Peloton Adds New Corporate Wellness Partners
Peloton added 15 Corporate Wellness Partners to its Corporate Wellness Program, including AARP, Akin Gump Strauss Hauer &Feld LLP, Ben & Jerry’s, Digitas Health, Dropbox, Goodwin, Namely, Nasdaq, Pharmavite, RK&K, SAP, UCB, VICE Media, Vitamix, and Volvo Group.
Proteus Motion Raises $8.5M In Series A Funding
Proteus Motion, the NYC-based fitness technology company, raised $8.5 million in a Series A funding round.
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Workers For Lululemon DC Store File To Form Union
Lululemon Athletica, Inc. employees working at one of its Washington, D.C. stores has petitioned to unionize, extending a wave of organizing at previously union-free U.S. retail firms.
JD Sports Confirms Guidance
JD Sports Fashion Plc announced ahead of its annual general meeting that same-store sales were up 5 percent for the first five months through June while reiterating that sales for the full year would be in line with the record results it set last year.
Recall: Aqualung Scuba Diving Computers
About 16,400 Aqualung i330R Scuba Diving Computers are being recalled. The recalled equipment can fail to adjust to the user’s altitude and display incorrect calculations for sea level dive times at altitudes exceeding 3,000 feet, decompression sickness and drowning hazards.
Owner Of Rock-N-Rescue Brand Acquires Omega Pacific Brand
Rock N Rescue’s parent company, The Weinel Group, has acquired the Omega Pacific brand and its associated trademarks.