Rhone Names ESPN, CorePower/Athleta Yoga Execs to Board of Directors

Rhone has added two new members to its board: Tess Roering, a former executive at CorePower Yoga and Athleta, and Jimmy Pitaro, ESPN chairman. They join Nate Checketts, cofounder and chief executive officer of the menswear brand; his father Dave Checketts, managing partner of Checketts Partners Investment Fund; Jon Owsley, managing partner at L Catterton; Simon … Read more

Wolverine ends 2023 with 20% sales decline, continues turnaround plan

Wolverine World Wide announced on Wednesday revenue fell 20.8% to $526.7 million for the fourth quarter, with the footwear and apparel firm continuing to turnaround sales declines after downsizing its business throughout 2023. Sweaty Betty The Rockford, Michigan-based firm said international revenue fell 5.1% to $267.2 million, while direct-to-consumer sales were down 17.6% to $186.9 million. By brand, … Read more

Sweaty Betty appoints new marketing chief

Premium activewear brand Sweaty Betty announced on Tuesday the appointment of Kerry Williams to the role of chief marketing officer.  Sweaty Betty With over 14 years of marketing leadership experience in the sports sector, Williams most recently served as chief marketing officer of Myzone Group LTD, a connected fitness and wearable tech brand. Prior to that, … Read more

Sweaty Betty underlying performance “slightly lower”, but Wolverine buyout dents headline results

Sweaty Betty may have been owned by US giant Wolverine since summer 2021 but as a UK-registered company, it’s still filing its accounts and it has just done that, for the year to January 2023. Sweaty Betty The company said that turnover fell 8.5% – or £15.5 million – to £167.7 million. And the cost … Read more