SGB Update

Under Armour’s Chief Consumer Officer to Exit

According to an SEC filing on Tuesday, August 6, Under Armour’s Chief Consumer Officer, Jim Dausch, will leave the company at the end of August “to pursue other opportunities.”

Bogner’s CEO To Exit at Year’s Close, Bogner Family to Sell Shares

Bogner reported that CEO Gerrit Schneider had decided to leave the company at the end of 2024 in order to accept a position at another company. The Munich-based lifestyle and luxury sports fashion company also said Daniel Hiendlmeier has been appointed to the management board and the Bogner family has decided to sell shares in the firm to a strategic partner.

Rapha Appoints New CEO

Fran Millar will replace Francois Concervey, who has been with the company since 2015 as chief brand and marketing officer. Her background in the cycling industry includes roles with Team Sky and Team Ineos where she played a critical role in securing seven Tour de France victories.

Survey Report: BTS Footwear Shoppers Seeking Value More Than Just Discounts

Though 75 percent of surveyed respondents plan to spend more on fall BTS footwear this year than they did in 2023, they expect their dollars will not go as far, which could translate to unit volume being flat or decreasing over 2023. Quality, comfort, fit, and design are more important than price.

Adidas’ Head of Global Operations to Exit

Martin Shankland plans to step down as head of global operations and leave the company after 27 years with the brand. Shankland is also an Executive Board member and will officially step down on August 10.

Alo Yoga Opens London Flagship

Based in Los Angeles, CA, the brand has opened a 10,000-square-foot flagship store on London’s Regent Street, marking its second store in the UK.

Dick’s SG to Close Remaining Moosejaw Stores

Moosejaw, acquired by Dick’s Sporting Goods in March 2023, will close its remaining three stores. Moosejaw’s company website was integrated into the Public Lands website, the outdoor arm of DKS.