Britain’s Gymshark performance-wear specialist has been focusing heavily on the US recently and Monday brought a new development in that area with news that Dick’s Sporting Goods is its first-ever US wholesale partner.
Gymshark
Launching on 24 October, the company’s collections will be available at 12 Dick’s House of Sport locations. The debut there comes close to the opening of Gymshark’s first permanent US store. The brand opened a 4,000 sq ft flagship at Roosevelt Field in Long Island, New York, last weekend
Dick’s said the partnership “represents a natural next step in growing the brand’s reach and retail presence nationwide, and underscores Dick’s commitment to bringing culture-shaping brands that connect sport, fashion, and lifestyle under one roof”.
And it added that the deal “delivers on [our] promise to continually bring athletes (ie, customers) unexpected, emerging brands that live at the intersection of sport, culture and fashion. Starting this week, athletes will be able to see, touch and test Gymshark’s most-hyped items, giving them a first-hand look at the premium design, technical fabrics and community-driven energy that’s made Gymshark a global sensation”.
Gymshark
Brendan Kirk, VP of Merchandising at Dick’s, stressed the company’s interest in “fresh and surprising brands” and desire to “differentiate our product offering. Becoming Gymshark’s first US wholesaler allows us to do just that. Gymshark is redefining what modern training apparel looks like with high-performance, stylish pieces rooted in real gym culture. House of Sport is the perfect place to bring that experience to life.”
And Mitch Healey, director of retail and wholesale, North America at Gymshark, added: “When we started to look for our first wholesale partner in North America, there were two things we knew we had to have in common — that they were an iconic brand and that they would be able to bring the authentic Gymshark experience to their community. Dick’s Sporting Goods just leapt off the page. The spaces look incredible, and the community will immediately feel like they are in a Gymshark space the moment they see it.
Gymshark
At launch, the popular Power and Vital collections will be among the pieces available within a fully branded Dick’s House of Sport experience featuring custom fixtures, athlete mannequins, and “design details that bring the brand’s ‘We Do Gym’ ethos to life”.
Pieces in the collection will retail for between $16 and $70 and each location will feature a fully branded Gymshark collab space, “offering athletes an exclusive and immersive shopping experience”.
The 12 stores in which the line-up will be available will include Jersey City, NJ; Ross Park, PA; Polaris, OH; Miami and Tampa, FL; Kennesaw, GA (available from 29 October); Glendale, AZ; Dallas, TX; Minnetonka, MN; Knoxville, TN; Baybrook, TX; and Boston, MA.
Lenzing AG will have to move forward without Rohit Aggarwal, who only assumed the role of CEO in summer 2024 following Suzano’s entry as a shareholder at the Austrian fibre producer. Aggarwal has informed the Supervisory Board that he is stepping down from his position for personal reasons with effect from January 31. However, to ensure a seamless transition, he intends to support Lenzing as an adviser until the end of September 2026.
Rohit Aggarwal will step down as CEO at the end of January. – Lenzing
Following Aggarwal’s departure, Lenzing AG will initially be led by a three-member Management Board. As part of the company’s ongoing organisational development and to underpin its recently sharpened premiumisation strategy, Lenzing AG is establishing a new six-member Executive Committee.
The Executive Committee will comprise the three-member Lenzing AG Management Board and will be complemented by the company’s senior commercial managers Patricia Sargeant (Nonwovens), Yann Lepage (Textile Fibres), and Anton Putz (Pulp).
By introducing the new Executive Committee, Lenzing AG aims to strengthen its strategic focus on business opportunities in the premium fibre segment. The goal is to expand its position as a leading integrated premium provider of regenerated cellulose fibres.
The Supervisory Board has already initiated the process to appoint a successor to the CEO and will announce a new appointment in due course.
“Increasing structural profitability remains a key objective. The Management Board will continue to focus resolutely on strengthening the company’s competitive position, financial performance and sustainable value creation – with the aim of further consolidating Lenzing’s position as the global market leader in sustainable cellulose fibres,” said Supervisory Board chairman Patrick Lackenbucher.
This article is an automatic translation. Click here to read the original article.
Delsey turns its focus to international markets. The luggage brand has just announced the appointment of its new global managing director, Gilles Bariguian. He will lead the group into a new phase of accelerated international expansion, a move upmarket, and towards profitable growth as the brand approaches its 80th anniversary in 2026.
Gilles Bariguian brings extensive experience in luxury and international markets – Delsey
“I am delighted and honoured to be working with the teams to elevate the brand and open a new chapter of global development in a rapidly changing mobility market. Delsey is no longer just a travel brand; it now caters to every moment of mobility, a market that has evolved significantly since the Covid-19 period,” said Gilles Bariguian.
Diversifying its international presence
With 20 years’ experience at Procter & Gamble across four continents, and roles at Guess EMEA, Etoile Group (specialising in luxury in the Middle East), and Cenomi (a department-store chain in Saudi Arabia), Delsey’s new global managing director will be tasked with steering the Parisian brand’s international expansion. At the same time, he will continue his consulting work with the Saudi Fashion Commission and its 100 Brands programme.
With its strongest presence in the US (2,561 points of sale) and Europe (1,688), the brand counts just over 300 points of sale in Asia and 111 across the Arabian Peninsula.
Beyond international expansion, the objectives of the new global managing director are to accelerate digital transformation, broaden the product portfolio, and build sustainable, profitable growth for Delsey, a company founded in 1946.
This article is an automatic translation. Click here to read the original article.
Amazon has agreed with Italy’s tax collection agency to pay 510 million euros ($582 million) to settle a tax dispute in the country, two sources close to the matter said on Wednesday.
Amazon logo is seen in this illustration created on February 11, 2025 – REUTERS/Dado Ruvic/Illustration/File Photo
However, in an unusual development, Milan’s prosecutors are in disagreement with the accord between the revenue agency and the U.S. tech company and plan to continue their investigation, two other sources said.
The prosecutors, who suspect evasion amounting to some 1.2 billion euros related to 2019-2021, expect to wrap up their probe early next year, according to the second two sources familiar with the investigation.
The prosecutors are also conducting two other investigations into the company – one involving alleged tax evasion relating to 2021-2024, and another involving alleged customs and tax fraud involving Chinese imports.