CONNECT WITH US
eCommerce

eCommerce

The Weekly Closeout: What will happen to Michael Kors and J. Crew celebrates its Barn Jacket

Retail Dive – E-commerce logo

Published on

Add as a preferred source on Google
The Weekly Closeout: What will happen to Michael Kors and J. Crew celebrates its Barn Jacket

The fashion brand is dragging down Capri Holdings. Meanwhile, the specialty retailer observes 40 years of a key outerwear product.

It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week, and what we’re still thinking about.

From fall-themed products to Primark opening another store, here’s our closeout for the week.

Footwear and apparel company Wolverine World Wide eliminated the position of active group president as of Monday. As a result, Susie Kuhn left the company, and her duties have been distributed throughout the organization, according to a filing with the U.S. Securities and Exchange Commission.

Kuhn was first appointed to the position in October 2024. She led brand strategies, go-to-market plans and oversaw commercial performance of the active group, which includes the Merrell, Saucony, Sweaty Betty and Chaco brands. She came to the company from Foot Locker, where she was the president of Europe, Middle East and Africa.

In the company’s most recent quarter, the active group reported a revenue increase of 9.3% to $388.4 million. Second quarter total revenue was up 6.8% to $506.4 million.

Irish apparel retailer Primark is pushing ahead with its U.S. expansion efforts with the opening of a store in Augusta, Georgia.

The store — which marks the retailer’s second location in Georgia after it debuted a store in Lawrenceville earlier this month — opened on Thursday at the Augusta Mall. S. footprint to 48 stores.


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.