CONNECT WITH US
eCommerce

eCommerce

Sam Archibald on Transitioning From Macy’s to Fanatics

WWD logo

Published on

Add as a preferred source on Google
Sam Archibald on Transitioning From Macy’s to Fanatics

The former department store executive now heads merchandising for the sport platform’s $7 billion Commerce division.

On the surface, it may seem like a far cry from Macy’s. But there are actually a lot of similarities between the department store and Fanatics Commerce, the merchandising arm of the licensed sports platform.

A little less than two years ago, Archibald joined Fanatics Commerce as chief merchandising officer, where he oversees all merchandising for the company’s online and physical channels. What that translates into is a business that will exceed $7 billion in sales this year.

Fanatics, which launched in 2011, started out as an e-commerce company selling licensed sports merchandise. But over 15 years, it has grown into a behemoth that has partnerships with more than 900 sports properties — from professional leagues to teams and colleges — operates more than 2,000 retail locations including all Lids stores, is the majority owner of Mitchell & Ness, has collectibles, betting and gaming divisions and runs the popular Fanatics Fest every summer.

The company is on pace to reach $14 billion in sales this year and the goal is to hit $50 billion in annual revenue over the next five to 10 years.

But as big as Fanatics has become, its singular focus continues to be on sports — markedly different from a multibrand retailer such as Macy’s, where Archibald spent around 16 years in two stints, rising to senior vice president and general manager of apparel, overseeing men’s, women’s and children’s.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.