article thumbnail

Under Armour Names New Americas President, Chief Legal Officer

Retail TouchPoints

Before joining Under Armour in 2020 as SVP of Americas Wholesale, Baxter served as President and CEO of LIDS Sports Group from 2016 to 2019. The company underwent several rounds of jobs cuts and a $200 million dollar restructuring in 2018, followed by an SEC investigation into its accounting practices in 2019.

Wholesale 258
article thumbnail

BJ’s Wholesale Club taps Bob Eddy as CEO

Mass Relators

BJ’s Wholesale Club Holdings Inc. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” BJ’s executive chairman Christopher Baldwin said. WESTBOROUGH, Mass.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. It] is regarded as one of the consistently top performing brands amongst our wholesale accounts,” Dahl-Thorup said.

Wholesale 236
article thumbnail

Under Armour Begins Search for New CEO as Frisk Steps Down

Retail TouchPoints

The company underwent several rounds of jobs cuts and a $200 million dollar restructuring in 2018, followed by an SEC investigation into its accounting practices in 2019. Frisk promptly set about shifting the company’s focus away from wholesale and toward DTC, following in the footsteps of competitors in the space like Nike and lululemon.

Wholesale 268
article thumbnail

How Sophie Monk helped Skye + Lach Co on its way to $5 million

Inside Retail

The business, which specialises in oversized sunglasses, was founded by sisters Tammy Schmidt and Kylie Thomasz in 2016. Thomasz focuses on the financial, wholesale and customer service side of the business, while Schmidt looks after marketing and creative. While the siblings work together, they have specialised roles.

article thumbnail

How Reebok’s head of marketing James Chan “confidently pushes the envelope”

Inside Retail

My journey with the brand started in late 2016, when I was the global social media manager for Reebok, managing the Reebok and then Reebokclassics social media accounts. JC: Reebok will continue to accelerate strong partnerships with our strategic wholesale partners. The opportunities are endless.

Marketing 130
article thumbnail

Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers

Retail TouchPoints

Rollup firms are typically able to buy these Amazon businesses at anywhere from 4X to 6X EBITDA, sometimes less, according to Thomson: “As long as you manage to keep the same efficiency that any one of those accounts had when they were a standalone, you can get a 15X to 25X valuation on your company. There is massive financial arbitrage here.