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Nike appoints new VPs, GMs of retail and women’s
Nike has appointed a new VP and GM of its stores and its women’s line. Heidi O’Neill will work with Nike stores, and Amy Montagne has been placed with NIKE Women’s.
“These two appointments demonstrate our commitment to investing in our retail experience and our women’s business – two of our most strategic growth opportunities,” Nike brand president Trevor Edwards said. “We’re delighted to elevate two seasoned Nike leaders in these important roles.”
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No surprises for Nordstrom in second quarter
Nordstrom’s second quarter earnings were in line with its expectations. The results come two weeks after the company said it was acquiring Trunk Club, a men’s personalized clothing service, for $350 million.
Profit for the quarter remained flat compared to last year’s second quarter at $183 million. Net sales for the quarter were $3.3 billion, a 6.2% increase from $3.1 billion in the prior-year quarter. Comparable sales increased 3.3%.