January 16, 2024 Under Armour’s Stephanie Linnartz Discusses Performance, Style and Sustainability at NRF Convention
The recently-hired CEO in an interview with Minnesota Lynx’s Diamond Miller at the NRF 2024: Retail’s Big Show in Manhattan discussed Under Armour’s evolving product roadmap designed to reach the brand’s “muse” - 16- to 24-year-old team sport athletes – with a focus on performance, style and sustainability.
Warm weather and lack of snow in BGFV’s west coast markets were blamed for the weaker than expected results, with the top line down 18% to $196.3 million from $238.3 million in Q4, and comps down by a similar amount. 361 Degrees Finishes the Year Strong
The Chinese sportswear brand said that overall retail sales of 361º core branded products in the final quarter were up over 20%, but its 361º Kids brand fared even better, growing about 40% in the quarter. Academy Sports Names Chief Customer Officer
ASO tapped seasoned retail, agency, and consumer packaged goods marketing exec Chad Fox for the newly created role of EVP and chief customer officer, where he’ll oversee omnichannel, marketing, customer insights, and customer care. GoPro to Acquire Aussie Helmet Tech Company
GoPro has an agreement in place to acquire Forcite Helmet Systems, an Australian maker of tech-enabled helmets that was co-founded by Julian Chow and CEO Alfred Boyadgis. Compass Diversified Buys Feminine Care Brand
CODI is acquiring a majority stake in Atlanta-based feminine care systems supplier, The Honey Pot Company, at an enterprise value of $380 million from New Voices Fund and VMG Partners. Etcetera: Lululemon, eVent Fabrics, Vista Outdoor, La Sportiva, Descente, On Running
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