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Former Nike exec named CEO of Spanx
Atlanta — Shapewear wholesaler and retailer Spanx announced that Jan Singer has been named CEO of the company. She joins Spanx from Nike, where she held various senior leadership roles, including corporate VP of global apparel and corporate VP of global footwear.
Singer, who will report to Spanx founder and owner Sara Blakely, is expected to come on board in early July. Gregg Ribatt, interim CEO, will assist Singer through a transition, and then continue to serve on the company’s board of advisors.
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NRF: Labor fears drive higher retail imports
Washington, D.C. — Import volume at major U.S. container ports is expected to increase 7.5% in June as retailers bring unusually high quantities of merchandise into the country early to avoid any potential disruptions after the labor contract with West Coast dockworkers expires. According to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, in June U.S. ports followed by Global Port Tracker are expected to handle 1.46 million Twenty-foot Equivalent Units (TEU), up 7.5% year-over-year.