SGB Update

Bergdorf Goodman Announces Two Executive Promotions

Bergdorf Goodman, which is owned by Neiman Marcus, announced the promotion of Cheryl Han to senior vice president of BergdorfGoodman.com and customer strategy. Melissa Xides has been promoted to senior vice president of Bergdorf Goodman stores and brand operations.

NRF Chief Economist Says Economy Has ‘Strong Momentum’

Top challenges have shifted from COVID-19 to inflation and the war in Ukraine, but the U.S. economy will continue to face uncertainties in the year ahead, National Retail Federation Chief Economist Jack Kleinhenz said in a statement.

Industry Veteran Joins Putterman Athletics

Putterman Athletics announced it hired Randy Futty in the newly created position as executive vice president, business development. Futty is past chairman of the USTA National Technical Committee and has served on the Board of Directors and the Executive Committee of the American Sports Builders Association in several past years.

Pacsun To Open Virtual Mall On Roblox

Pacsun is opening an interactive mall experience on Roblox called Pacworld. Working with existing game development studio partner Melon, Pacsun will extend its existing catalogs of virtual items on Roblox, first launched in June 2021, by letting customers sell its virtual goods in a customized digital mall.

Journeys Appoints Creative Ambassador

Journeys said Karl Jacobs would be advising the chain as its creative ambassador. With more than 28 million followers across social platforms, Jacobs will leverage his gaming and retail experience to introduce Journeys to the gaming community.

Report: Texon May Be For Sale

Asian buyout firm Navis Capital Partners is considering a sale of its footwear materials supplier Texon, which could net about $300 million, according to a report from Bloomberg.

G-III Apparel Adds Board Members

G-III Apparel Group Ltd. announced the election of Lisa Warner Wardell, executive chairman of the Board of Directors of Adtalem Global Education, and Patti H. Ongman, recently retired chief merchandising officer at Macy’s Inc. and an external advisor to a leading international consulting company, to its Board.

EMPWR Acquires Noble Foods

EMPWR Nutrition Group, the Belgium-based manufacturer of protein bars, has acquired Noble Foods, a Quebec-based nutritional bar manufacturer with two production sites in Montreal and Oregon.