Merrell Appoints Chief Merchant Officer
Merrell, which is part of Wolverine Worldwide, announced that Sumi Scott was hired as its chief merchant officer.
Foot Locker Hires President, Global Brands
Foot Locker Inc. announced it hired Samantha Lomow as president, Global Brands. Lomow joins the company from Hasbro, Inc., where she was president, Branded Entertainment.
Kohl’s Confirms Buyout Interest From ‘Multiple’ Parties
Kohl’s Corp. acknowledged receipt of multiple preliminary indications of interest in acquiring the company. The proposals received are non-binding and without committed financing.
The Renewal Workshop Acquired By Bleckmann
The Renewal Workshop, based in Cascade Locks, OR, has been acquired by Dutch logistics company Bleckmann.
Under Armour Supply Chain Exec Joins Figs
Jami Pinto, formerly senior vice president, global product supply at Under Armour, has become chief global product and sustainability officer at Figs, the manufacturer of scrubs and medical apparel.
Accelerated Systems Appoints Director Of Sales, E-Mobility
Accelerated Systems, Inc. (ASI) has hired Adam Micklin as director of Sales, E-Mobility.
Rally House Opens 11th Michigan Store
Rally House has opened its 11th store in Michigan in Woodhaven.
Nordstrom Rack Makes Executive Hires
Nordstrom Rack appointed Nancy Mair as senior vice president, Rack merchandising; Kelley Wotton-Gantner as vice president, divisional merchandise manager; and Stacy Lippa as vice president, Rack supply chain.
Slinger Shows Slight Sales Gain In Fiscal Third Quarter
Slinger Bag, Inc., the parent of Slinger Bag, reported sales inched up 2.4 percent in its fiscal third quarter and surged 65.8 percent in the nine months ended January 31.
Li Ning Sees 2021 Revenues Surge 56 Percent
Li Ning reported earnings more than doubled in the year ended December 31 as sales grew 56 percent.
SV Sports Secures New Funding Round
SV Sports, formerly Schuylkill Valley Sports, has completed a new funding round that included participation from Chris Paul, the 12-time NBA All-Star.
L.L.Bean Sees 14 Percent Revenue Gain In 2021
L.L.Bean announced the close to its 2021 fiscal year, with annual net revenue totaling $1.8 billion, with a 14 percent increase over 2020. The performance marked one of the most successful years in its history.
VF Corp. Appoints Kevin Bailey As Global Brand President, Vans
VF Corp. announced that Kevin Bailey was promoted to the position of global brand president, Vans. Bailey will continue reporting to VF’s chairman, president and CEO, Steve Rendle and serve on the company’s executive leadership team.
Allbirds Opens Store In New York’s Flatiron District
Allbirds opened a retail store and community center in New York City’s Flatiron District. It is the brand’s third store in New York and 41st globally, with locations across North America, Asia and Europe.
On Holding’s Sales Jump 54 Percent In Fourth Quarter
On Holding AG reported net sales increased by 53.7 percent in the fourth quarter ended December 31 and by 70.4 percent in fiscal year 2021. The Swiss running brand predicted sales would expand at least 37 percent compared in 2022 with production capacity recently returning to pre-lockdown commitment levels.
