Sporting goods giant shakes up leadership team
Dick’s Sporting Goods has made several changes in its executive team, including naming a former Target executive as its chief merchant.
The company said that André Hawaux is retiring as executive VP, COO. He will remain with Dick’s through the second quarter of 2017. Dick’s did not name a replacement for Hawaux.
"André has been an instrumental member of our executive leadership team and has played a key role in executing our strategic plan," said Edward Stack, chairman and CEO, Dick’s Sporting Goods. "I am thankful to him for his dedicated service and for his continued partnership to facilitate a smooth transition."
Lauren Hobart has been appointed president of Dick’s Sporting Goods, effective immediately. Hobart, who joined Dick’s in 2011, most recently served as executive VP, chief customer & digital officer. She will continue to lead the company's customer and digital efforts, and will assume responsibility for the stores. Prior to Dick’s, Hobart spent 14 years at PepsiCo in various strategic planning and marketing roles.
"In her six years with the company, she has proven to be an invaluable and inspirational leader," Stack said. "Lauren is credited with elevating the Dick's brand, leading the development of Dick's Team Sports HQ and building the Calia by Carrie Underwood brand. She also was instrumental in the creation of The Dick's Sporting Goods Foundation. Lauren's extensive leadership experience will be essential to the continued growth and success of the company.”
In other appointments, Keri Jones will join the company on May 22, 2017 as executive VP, chief merchant. The 30-year retail veteran will be responsible for the strategy and execution of the company's merchandising, product development and merchandise planning, allocation and replenishment organizations. Prior to joining Dick’s, Jones held a variety of leadership positions at Target Corp., serving most recently as executive VP of global supply chain.
Don Germano, who led the company's stores organization from 2010 through 2013, will re-join Dick’s on May 30, 2017 as senior VP, operations. Most recently, he served as president of the Follett Higher Education Group. Prior to his time at Dick’s, he held a number of leadership positions at Sears Holdings, Kmart and Nabisco.
Young women’s apparel retailer to open Chicago flagship
Canada’s Aritzia Inc. is expanding its Chicago footprint as it targets both brick-and-mortar and online expansion.
The fashion retailer will open a flagship on Rush Street in Chicago this fall. The Vancouver, British Columbia-based company already operates a store in the Windy City, at Water Tower Place.
Aritzia recently made its Los Angeles debut, opening a 10,000 sq.-ft. flagship at Westfield Century City. The company plans to open three to four new stores during the remainder of its fiscal year, including the repositioning of an existing San Francisco location into a flagship on Market Street.
Aritzia is on roll. The vertically-integrated retailer reported that its same-store sales increased 11.5% in the fourth quarter, for its 10th consecutive quarter of positive comp growth. For the full year, same-store sales rose 16% and revenue increased 23.0% to C$667.2 million.
"Our strong fourth quarter and full year performance demonstrates our ability to drive consistent profitable growth,” said CEO and founder Brian Hill. “We achieved double digit comparable sales increases in each quarter of fiscal 2017, reflecting continued momentum in our Canadian and U.S. retail stores, as well as outstanding performance in our e-commerce business. Looking ahead, we remain focused on driving revenue growth by expanding our store base in North America, targeting substantial growth in our e-commerce business, and continuing to create innovative product assortments with new brands and extensions of our existing brands."
At the end of fiscal 2017 (February 26, 2017), Aritzia operated 60 stores in Canada and 19 stores in the United States.
Saks opens unusual health and wellness mecca
Shoppers at Saks Fifth Avenue’s Manhattan flagship can now take a fitness class taught by ex-cons in addition to shopping for the latest fashions. They can even learn how to meditate.
The luxury department store has transformed its second floor into a health and fitness hub dubbed The Wellery. The 16,000-plus-sq.-ft. space is comprised of 20 individual spaces offering everything from fitness classes and exercise equipment to athleisure apparel and specialized beauty treatments. It will be open through October 2017.
The Wellery’s featured shops include Blink Brow Bar, Martone Cycling Co., Peloton, Saks women's athleisure shop, MNDFL, which offers meditation classes, and Skinney MedSpa, whose services including non-invasive body contouring and hi-tech facials. In the Breathe Salt Rooms space, customers can detoxify with dry salt therapy.
Among the brands offering fitness classes in dedicated studios in The Wellery are ConBody, which offers a prison-style boot camp taught by rehabilitated convicts, and Bendable Body, specializing in stretching method that works on connective tissue. The Saks Studio will host rotating pop-up classes from various local gyms and wellness-focused events.
"Saks has a long history of creating breakthrough, experiential environments in our stores — in 1935, an indoor ski slope was constructed in the flagship store in order to offer skiing lessons. The Saks Wellery, our latest concept shop, focused entirely on wellness, continues the Saks tradition of elevating shopping to a higher level by building exciting customer experiences," said Saks Fifth Avenue chief merchant Tracy Margolies.