Executive changes – Page 4
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ArticleChairman of Pou Sheng resigns, successor already in place
The board of directors of Hong Kong-based company Pou Sheng International, the retail subsidiary of Yue Yuen Industrial, has announced that Lee Shao-Wu has resigned from all of his positions at the company, including those of chairman, executive director, chairman of the disclosure committee, authorized representative of the company and ...
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ArticleCanada Goose appoints president for its China business
Source: Canada Goose Larry Li, president China Canada Goose announced the appointment of Larry Li as president China, effective immediately. In this role, Li will oversee all business operations of the Canadian brand in mainland China, including retail, marketing and finance. He will be based out of ...
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ArticleKasper Rorsted to leave Adidas
Source: Adidas AG Kasper Rorsted, CEO Adidas AG has announced that Kasper Rorsted, CEO, and the company’s supervisory board have mutually agreed that Rorsted will step down from his position in 2023. The search for a successor has already begun. Rorsted will continue as CEO until a ...
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ArticleJohnson to retire as chairman and CEO of Foot Locker
Source: Retail Industry Leaders Association (RILA) Mary N. Dillon Foot Locker, Inc., the New York-based specialty athletic retailer, announced that, as part of a planned succession process, Richard A. Johnson will retire as president and CEO, effective Sep. 1, 2022. Mary N. Dillon, former executive chair and ...
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ArticleElevate Outdoor Collective’s new ‘One Team’ approach restructures global sales
Elevate Outdoor Collective (EOC), formerly K2 Sports, announced a fundamental change to its global sales structure designed to support the growth of its independent brands.
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ArticleNew Frasers Group CEO reorganizes leadership team
Michael Murray, the new CEO of Frasers Group, posted on LinkedIn on May 31 that five weeks into his tenure, part of his commitment is to “get the right people on board, to lead Frasers Group into the future and build on our solid foundations.” According to the posting (there ...
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![20210916_UA_Frisk_Patrik_0105[2938]](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/0/1/9/16019_20210916_ua_frisk_patrik_01052938_863878_crop.jpg)
ArticleFrisk to step down from all positions at Under Armour
Nearing the completion of a multi-year, $525 to $550 million restructuring, and 10 days after disclosing that short-term challenges will impact its sales, profitability, and margins for much of 2022, Under Armour late on May 18 appointed Colin Browne as its interim president and CEO, effective June 1. On that ...
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ArticleWibe to step down as chief executive of XXL
Source: XXL ASA Pål Wibe, CEO XXL ASA The board of Nordic sports retailer XXL ASA and Pål Wibe agreed on May 13 that the latter will step down as CEO on Sept. 1 of this year. The Norwegian Sports Industry Association wrote in a statement that ...
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ArticleNew Frasers CEO receives £21m up front
On May 1, Michael Murray, 32, accepted not only the reins of Frasers Group, becoming its new CEO, but also an up-front cash payment of about £21 million (€25m). The sum stems from Frasers’ deal with Murray’s firm, MM Prop Consultancy, which is entitled to as much as a quarter ...
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ArticleOrtholite hires chief brand officer
Source: Ortholite Kristin Kohler Burrows U.S. insole specialist OrthoLite has hired Kristin Kohler Burrows as its new chief brand officer, a newly created position. Burrows joins the OrthoLite and Cirql teams with experience at footwear brands including Converse, Keds, Adidas, Fila and G.H. Bass, and was most ...
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ArticleX-Technology reorganizes leadership team
After the sale to investors in November, the company is moving into the future with a new management team - including familiar faces from Mammut.
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ArticleRam quits Champion’s parent to run Clarks
Shortly after HanesBrands announced that Jonathan Ram is leaving as president of global activewear on March 31 to take a position with another company and to be closer to his family, Clarks announced in turn that he would be the British company’s new CEO in April, taking the place of ...
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ArticleKuenzi will join The Athlete’s Foot after a 24% sales gain
The 550-odd stores and websites affiliated with The Athlete’s Foot (TAF) around the world raised their sales by 24 percent to a new record of $503 million in the past year, said the Arklyz Group, which acquired the chain from Intersport International Corp. in July, surpassing the originally set target ...
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ArticleAdidas extends two board mandates amid five-year growth strategy
Adidas will continue to be led by its proven six-member executive team, which will jointly pursue the five-year “Own the Game” strategy launched in 2020. The company, based in Herzogenaurach near Nuremberg, announced on Thursday that the contracts of Roland Auschel and Brian Grevy were extended. Auschel, who is responsible ...
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ArticleA Partial Farewell Note from Eugenio “Gene” Di Maria
Dear Subscribers, I wish to inform you that this is the last Newsletter being published under my own signature. I am finally retiring as Chief Editor of SGI Europe, which remains the main information service of EDM Publications, the company that I founded in 1989, after a long career in ...
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ArticleHaushofer is named ISPO project director, reporting to Gröber
The Covid pandemic has been responsible for the fact that we have not been able to meet in person at any ISPO trade show for almost two years, and the situation has been particularly challenging for the trade show organizers. In the wake of the many cancellations and digital substitutes, ...
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Article
Adidas has two other regional clusters in Europe
In addition to its creation of a ‘cluster’ for Southern Europe, which we reported about yesterday, Adidas has established similar regional clusters for Northern and Central Europe in the past few months. Cluster North is headed up by Kathryn Swarbick and includes the U.K., Ireland, the Benelux countries, Denmark, Norway, ...
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ArticleNew manager in charge of Intersport’s exclusive brands
Intersport International Corp. (IIC), which has big ambitions in this area (more on this soon), has appointed Katja Adrienne Erbe as its new General Manager EB Commercial, taking over responsibility for Intersport’s exclusive brands from Jessica Mair from the month of March. After working for the Adidas Group for 19 ...
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ArticleBarbara Martin Coppola will run Decathlon worldwide
Decathlon has announced the appointment of Barbara Martin Coppola as the group’s new CEO, starting in mid-March. The 45-year-old French and Spanish binational will take the place of Michel Aballea, who has held the helm of the world’s largest sporting goods retailer since 2015. “The current good health of Decathlon ...
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ArticleNicole Otto leaves Nike to become TNF’s new global brand president
VF Corp. has named a digital expert, Nicole Otto, as global brand president for The North Face (TNF), based in Denver, Colorado. Next June, she will succeed Steve Murray, a British-born industry veteran who will be retiring this year, as planned, returning to the U.K. Murray had been promoted from ...
