Orvis Hires Vice President, Conservation And Sustainability
Orvis announced it hired outdoor industry veteran Laura Schaffer to the newly created position as vice president, conservation and sustainability
Bella+Canvas Plans $11.9M Facility In Alabama
Bella+Canvas plans to open a fabric-cutting facility in Wetumpka, AL. The Los Angeles-based apparel company will invest $11.9 million in the operation of a portion of an 890,000-square-foot building vacant since 2013 when Russell Brands departed from space.
HanesBrands To Design, Manufacture Villanova University Apparel
Hanesbrands will design and manufacture Villanova University apparel through its newly-formed partnership with the University located in Philadelphia.
Adobe Summit: U.S. Consumers Spent $1.7 Trillion Online During The Pandemic
At the Adobe Summit, Adobe released new U.S. e-commerce data via its Digital Economy Index* looking at how two years of COVID-19 reshaped the digital economy and its impact on the future.
Neiman Marcus Appoints CFO
Neiman Marcus Group has hired Katie Anderson as executive vice president, chief financial officer, effective April 4, reporting to Geoffroy van Raemdonck, CEO, Neiman Marcus Group.
Specialized Founder Steps Down From CEO Role
Scott Maguire has replaced Specialized founder Mike Sinyard as CEO. Sinyard, who founded Specialized 48 years ago, assumes the role of founder, chairman and chief rider advocate.
Hydrow Announces $55M In Series D Funding
Hydrow, the at-home connected rower start-up, has raised approximately $55 million in Series D funding led by Constitution Capital with continued support from L Catterton and RX3 Ventures.
Strava Appoints Chief Marketing Officer
Strava hired Zipporah Allen as its chief marketing officer responsible for overseeing all marketing and communications for the company.
February Another Record Month At The Port Of Los Angeles
The Port of Los Angeles processed 857,764 Twenty-Foot Equivalent Units (TEUs) in February, a 7.3 percent increase compared to last year. It was the Port’s busiest February in its 115-year history and represents back-to-back record months to begin 2022.
G-III Apparel Q4 Revenues More Than Double In Fourth Quarter
G-III Apparel Group, Ltd. reported earnings more than doubled in the fourth quarter as sales grew 42 percent. Sales grew 35 percent in the full year and are expected to expand 8 percent in 2022.
DSW’s Parent Sees 35 Percent Sales Gain In Q4
Designer Brands, Inc., the parent of the DSW chain, reported sales grew 35.0 percent in the fourth quarter and 43.0 percent in the year.
Canada Goose Appoints Board Member
Canada Goose Holdings, Inc. has appointed Belinda Wong, chairman of Starbucks China and executive vice president, Starbucks, to its Board of Directors, effective immediately.
Report: Hudson’s Bay Considering Bid For Kohl’s
Hudson’s Bay Co., the owner of Saks Fifth Avenue, is considering a bid for Kohl’s Corp., according to a report from the Wall Street Journal.
RECALL: Specialized Sirrus Bicycles
Specialized has issued a voluntary recall of about 36,000 Sirrus, Sirrus X and Sirrus Sport Bikes with alloy cranks that were sold in the U.S.
February Retail Sales Rose Strongly Year-Over-Year
Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, the National Retail Federation said.
