USA: Gear.com's President Quits, Company Lays Off 22
Gear.com, an online retailer of discounted closeout sporting goods, said that its president, Ken Blue, has resigned, Venturewire reported today. Kevin Quigley, vice president of marketing and strategic development, is acting as the company's co-president along with the company's CFO Joe Kenny. Mr Blue also resigned his seat on Gear.com's board. The company also said it had laid off 22 employees in a restructuring aimed at conserving cash. Amazon.com owns about half of Gear.com. The company is also backed by Elliott Associates, Kellett Investment, Madrona Venture Group, Sugar Mountain Capital, and Westgate International, and is planning its third round of funding.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Digitalisation and data to disrupt supply chains
- EU eyes mandatory due diligence for apparel supply
- Unlocks for the future fashion sourcing landscape
- What TTIP might mean for US, EU textiles & apparel
- Where next for Corporate Human Rights Benchmark?
- Li & Fung forms supply chain partnership with PVH
- US Q4 in brief – Finish Line, Oxford Industries
- Levi Strauss and ILO probe Cambodia factory death
- Sears has "substantial doubt" of future
- Adidas mulls roll-out of in-store customisation
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing