April 2024 – Sports & Outdoor, Fashion & Luxury News

Posted on 30 April 2024

  • Ganni appointed new CEO, Laura Du Rusquec, formerly of Gucci and Balenciaga.
  • JD Sports confirmed their acquisition of American Sporting Goods Retailer, Hibbett, who operate 1,169 stores across 36 US states, accelerating the groups growth plans in the North American market.
  • Golden Goose added former Gucci CEO, Marco Bizzarri, to their Board of Directors, following a 12% increase in Q1 net revenue.
  • TikTok launched a new preowned luxury category in the US and UK markets. The marketplace provides retailers and partners the ability to trade luxury goods on the popular, TikTok Shop platform.
  • Sustainable clothing brand, Pangaia, revealed plans to enter the UK retail market, announcing a debut store on Lonon’s Carnaby Street.
  • Gianluca Flore joined Levi’s as Chief Commercial Officer, departing his CCO position at Burberry, and will be responsible for commercial operations across eCommerce, retail, and wholesale.
  • The company also announced Lucia Marcuzzo’s promotion to Managing Director, following 8 years with the business, where she was VP of Retail, before taking charge of the Germany-Benelux region.
  • Louis Vuitton appointed Blake Harrop, former President of advertising agency Wieden + Kennedy, as their EVP of Image & Communications.
  • Authentic Brands Group confirmed their purchase of Champion for a reported $1bn.
  • Niran Chana, former CCO at Gymshark, joined high-growth activewear brand, Adanola, as Chief Executive Officer, with Hyrum Cook stepping into a Founder role, where he will focus on brand, product, culture, and community.
  • Acne Brands appointed Montblanc CFO, Hendrik Bitterschulte, as their new Chief Financial Officer
  • Decathlon delivered 4.4% revenue growth, following a rebrand and repositioning ahead of increased exposure due to the Paris 2024 Olympic Games.

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