May 06, 2025 Nike Flattens Senior Leadership in Major Shake-Up
The Eager Beavertons made a number of changes to top leadership, giving CEO Elliott Hill more direct control over marketing, product, and the Nike brand, aiming to accelerate the company’s “Win Now” turnaround strategy. Kontoor Brands Aims to Turbocharge Helly-Hansen
While crediting Canadian Tire for its stewardship of the 148-year-old sailing and outdoor apparel company, Kontoor Brands’ chief Scott Baxter sees rapid expansion and better profitability for Helly under the jeanswear maker’s umbrella.
Outdoor footwear brand Lowa Sportschuhe GmbH’s revenues increased 2% last year to €233.9 million ($246.2 mm) on strength in kids, winter footwear, and trail running.
Weyco’s rain and outdoor footwear brand contracted 5% to $6,302,000 from $6,659,000 to begin the year, lapping last year’s highly promotional cadence, which especially affected DTC e-commerce sales. Dick’s SG Takes Minority Stake in Unrivaled Sports
DSG Ventures led a $120 million investment round in the youth sports operator, joining existing backer The Chernin Group along with Dynasty Equity, LionTree, and Miller Sports & Entertainment.
The Italian luxury sneaker brand is issuing €480 million of senior secured notes due 2031 to repay existing €480 million senior secured notes due 2027 and pay shareholders a €100 million dividend. Branwyn Promotes Two to C-Suite
The women’s sustainable performance innerwear maker promoted its president, Deanne Buck, to CEO, succeeding outgoing Jeff Shafer as he and co-founder Lauren Shafer transition into advisory roles. Etcetera: Reebok, Kane Footwear, Solo Brands, S&S Activewear, Cascade Designs, Rab, Speedo
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