Crocs Hires Chief Product And Merchandising Officer; Announces Promotion From Within
Crocs Inc. announced that Lori Foglia was hired as senior vice president and chief product and merchandising officer and that Erik Olson was promoted to senior vice president, global sourcing and product execution.
Gordmans, Peebles, Goody’s, And Palais Royal Store Banners For Sale
Hilco Streambank is soliciting offers for the retail store banners, private label brands and associated domain names, utilized by Gordmans, Peebles, Goody’s, and Palais Royal department stores.
Foot Locker Launches Apparel Brand
Foot Locker Inc. announced that it’s launching an apparel line, LCKR by Foot Locker, focused on casual wear, including pullover hoodies and sweatpants.
Winnebago Commits To Net-Zero Greenhouse Gas Emissions
Winnebago Industries Inc. said it plans to increase its commitment to environmental sustainability by joining the Business Ambition for 1.5°C. The company has set a goal to achieve net-zero greenhouse gas emissions by 2050.
Clarus Raises Full-Year Outlook On Strong Q3 Growth
Clarus Corp. issued preliminary results showing third-quarter sales are expected to range between $107-$108 million, which is an anticipated 66 percent to 67 percent year-over-year increase compared to $64.5 million in the third quarter of 2020.
Pajar Canada Opening U.S. Flagship
Pajar Canada is opening a flagship store location in the SoHo section of New York City. The location represents Pajar’s first full-price store.
OBIT: Wieden+Kennedy’s David Kennedy
David Kennedy, the co-founder of Wieden+Kennedy, has passed away at the age of 82. The Portland, OR-based advertising agency is best known for its work with Nike.
Winnebago Industries Sets Stock Buyback Program
Winnebago Industries Inc. announced that the company’s Board of Directors authorized a new share repurchase authorization of up to $200 million of the company’s common stock.
Asics Appoints President And CEO, Asics North America
Current Asics North America president and chief operating officer, Richard Sullivan has been appointed to Asics North America president and chief executive officer and named an executive officer of Asics Corp.
Manufacturers Turning To Sugar For Sustainability, Performance
With Halloween just around the corner, sugar may still get a bad rap when it comes to health and dental hygiene. But outdoor manufacturers are finding it plenty sweet as an eco-friendly material for certain products. Picture, Allbirds and Big Agnes are using the sustainable material in their offerings.
Signa Sports Nearing Investment From Saudi Arabia’s Public Investment Fund
Saudi Arabia’s Public Investment Fund is close to making an investment of more than $370 million in Signa Sports United, the Berlin-based sports commerce platform, according to the Wall Street Journal.
Retail Sales Unexpectedly Rise In September
The U.S. Census Bureau said overall retail sales in September were up 0.7 percent seasonally adjusted from August, topping the Dow Jones estimate for a decline of 0.2 percent.
Compass Diversified Announces Sale Of Advanced Circuits
Compass Diversified (CODI) announced it has entered into a definitive agreement to sell its majority-owned subsidiary, Compass AC Holdings, Inc., the parent company of Advanced Circuits, Inc., to Tempo Automation Inc. for $310 million.
Bob Stapleton Steps Down As Chairman From USA Cycling Board
USA Cycling announced that Bob Stapleton is stepping down as chairman of the board for the organization, a position he has held since 2014. Vice chairman Brendan Quirk was elected by board members to replace Stapleton, effective November 1.
Head/Tyrolian Hires New U.S. Racing Department Lead
Head/Tyrolian welcomed Stefan Hughes as its U.S. competition and team manager. Hughes will manage Head’s racing program in the U.S. and work closely with its Austrian race department to coordinate service for Head’s retailers, coaches and athletes.
