SGB Update

Kohl’s Plans 400 Additional Sephora At Kohl’s Shops

Kohl’s Inc. announced the list of the 400 stores that will be adding Sephora at Kohl’s shops this year. The addition of 400 stores brings the Sephora at Kohl’s location total to 600 and puts the partnership on track to meet its 850 store goal by 2023.

Peloton Operations, Supply Chain Execs Exit

Peloton Interactive, Inc., which last week announced plans to lay off 2,800 employees worldwide as part of a restructuring, has had its executives who run operations, its supply chain and other functions in the company exit, according to a Bloomberg report.

Johnson Outdoors Appoints VP Of Global Operations And Supply Chain

Johnson Outdoors, Inc. announced the selection of Terry Troutman as vice president, global operations and supply chain. Troutman will report to Helen Johnson-Leipold, CEO, Johnson Outdoors and hold a seat on the company’s executive committee.

Kathmandu Shows Improving Trend In Second Quarter

Kathmandu Holdings Ltd provided an update for its first half through January 31. Sales at the Kathmandu chain rebounded in the second quarter, and Rip Curl improved modestly while Oboz is being impacted by supply chain disruption.

Hanesbrands’ Debt Ratings Affirmed By S&P

S&P Global Ratings affirmed its debt ratings for Hanesbrands due the company’s recovery from the pandemic while upgrading its forecasts to account for higher global growth of the company’s key brand, Champion.

Exhibitors Threaten To Boycott Outdoor Retailer Show If It Returns To Utah

A conservation group and two dozen outdoor recreation companies, including Patagonia, REI and The North Face, announced Monday that they would boycott the Outdoor Retailer trade show if it moved from Denver, CO back to Salt Lake City, UT. The group accused Utah’s leaders of trying to remove protections for national monuments and public lands.

Lodgings Slow In Western Mountain Destinations

According to Destrimetrics Monthly Market Briefing Report, momentum for the holiday season at Western mountain resorts turned cool in early January as a surge in Omicron variant cases had consumers hitting the pause button on short-lead bookings.

Peloton’s New CEO Dismisses Sales Talk

In an interview with Financial Times, Barry McCarthy, who took over as Peloton’s CEO from Co-founder John Foley last week, ruled out a sale of the connected fitness leader.

Asics North America Notches First Annual Profit Since 2017

Asics North America (ANA) announced that it generated the region’s first operating profit in 2021 since 2017. ANA, which includes the United States, Canada and Mexico, also showed a near double-digit quarterly increase year-over-year in the fourth quarter, marking its fourth consecutive quarter of growth.

Organic Cotton Accelerator Joins Sustainable Apparel Coalition

The Organic Cotton Accelerator (OCA) announced that it has joined the Sustainable Apparel Coalition (SAC) to support its commitment to a collaborative sector approach and promote organic cotton’s potential for positive impact on people and the planet.