Fossil Group Names Interim CEO and Board Director as Kartsotis Steps Down
Jeffrey Boyer, the company’s EVP and chief operating officer since April 2021, was appointed interim CEO and as a member of the Board of Directors, effective immediately.
Under Armour Shakes Up C-Suite as Plank Assumes CEO Role, Gives Up Board Chair
Under Armour, Inc. Founder Kevin Plank will become president & CEO of the company, effective April 1, 2024. Plank will succeed Stephanie Linnartz, who will be stepping down as president & CEO and member of the Board of Directors.
Soccer Post Acquires Soccer Pro, Continues Growth as Largest Soccer Specialty Retailer in the U.S.
For over three decades, Soccer Post has sold soccer apparel, footwear and gear to enthusiasts, clubs, athletes, and families in the U.S. and is one of the leading national omni-channel specialty retailers.
Brand Velocity Group Adds New Principal to Investment Platform
Daniel Hodges joins BVG from Alliance Consumer Growth where he was a principal responsible for deal sourcing and execution, and portfolio company oversight.
Revo Opens Store In SoHo
Revo SoHo features the full line of lifestyle and performance sunglasses for men and women, including collabs with Hall of Fame golfer Annika Sorenstam and Alpine skiing icon Bode Miller.
Foot Locker, Inc. Names Executive VP and Chief HR Officer
Cindy Carlisle brings over 24 years of leadership experience to the role. She joined Foot Locker, Inc. from Stryker Corp., where she was group vice president of human resources.
CNBC/NRF: February Retail Sales Continued Growth Trend, Boosted by Leap Day
Accounting for the extra day in February, total adjusted retail sales MoM softened from an increase of 1.06 percent to an increase of 0.4 percent. Core retail sales also softened from an increase of 0.95 percent to an increase of 0.27 percent.
Gearhead Outfitters Expands into CO with Summit Canyon Mountaineering Deal
The latest expansion increases the retailer’s footprint to over 20 locations in Arkansas, Tennessee, Oklahoma, Missouri, Kansas, Illinois, and now Colorado.
Tethrd Welcomes New CEO
The U.S. manufacturer of ultralight elevated hunting gear, Tethrd, appointed Dan Chumbler as CEO, effective February 26.
Nosler Announces Promotions; Re-Aligns Marketing Division
Nosler, Inc., the U.S. ammunition manufacturer, promoted Mason Payer, John Nason, and Madi Woodward as it re-aligns its marketing division for continued growth and brand development.
Allbirds Posts DD Q4 Sales Decline and Wider Net Loss as ASPs Decline
The year-over-year decrease was said to be primarily attributable to a lower average selling price, driven by increased promotional activity, partially offset by an increase in third-party net revenue.
Allbirds Appoints Joe Vernachio as CEO as Co-Founder Steps Down
Vernachio takes the helm as CEO and a member of the Board of Directors, effective March 15. He succeeds Joey Zwillinger, Allbirds’s Co-Founder and CEO, who will continue as a member of the Board of Directors and as a special advisor.
Black Diamond Equipment Appoints Creative Director
Kasey Jarvis returns to Black Diamond as the brand’s creative director. Most recently, Jarvis was the chief design and development officer at Under Armour.
Kohl’s Swings to Q4, Full Year Profit as Retailer Posts Best Comps Since 2010
The store business had its best comparable sales performance since 2010 and the retailer managed inventory down 10 percent at year-end. Net income was $186 million in Q4, compared to a net loss of $273 million in Q4 2022.
Nuyarn Owner Appoints International Footwear Account Manager
TMC, Ltd., owner of Nuyarn and Herculan, a manufacturer of performance yarn and fabric, hired Tim Liao as the company’s International Footwear Account Manager.
