US: Nike taps Michael Egeck as CEO of Hurley
Mike Egeck is the new CEO of Nike's Hurley division
Egeck will begin his new role on 3 October, and will report directly to Roger Wyett, president of Nike Inc Affiliates.
Egeck brings nearly 30 years of experience to the role, most recently as president of True Religion Brand Jeans. Prior to that, he was at VF Corporation where he served as president of VF Contemporary Coalition and CEO for Seven for All Mankind.
Egeck also served as president of the VF Outdoor and Action Sports Coalition, leading an extensive brand portfolio including Vans, Reef, Jansport, The North Face, Eastpak and Napapijri. In addition, Egeck he has been president of The North Face Inc and GM of Columbia Sportswear.
"With his wide-ranging experience, his knowledge and his passion for the industry we are confident he will lead Hurley into its next phase of growth," said Wyett.
"He joins a seasoned management team and will work closely with company founder Bob Hurley to continue to drive this iconic brand forward with consumers and athletes worldwide."
Egeck's appointment follows an executive shuffle at Nike sparked by the retirement of Umbro president and CEO Jim Allaker in May. This saw Converse CEO Michael Spillane become CEO and president of Umbro, and Hurley CEO Jim Calhoun step into his shoes at Converse.
Despite booking a 40% drop in fourth quarter profit as it battled higher costs, promotions and lower sales, US specialty retailer Gap Inc says it is moving in the right direction when it comes to impr...
Nike recorded a 7% increase in net income as the company registered "continued strong demand" for its products....
Footwear firm Belle International Holdings Ltd is to buy sportswear distributor Big Step Limited for up to CNY920m (US$145.6m) as part of efforts to expand its geographical presence in mainland China....
Environmental pressure group Greenpeace is continuing its campaign against toxic chemicals in the apparel supply chain with the release of new research that suggests traces of hazardous substances in ...
Sporting goods giant Adidas expects sales growth to slow in 2012, despite the forthcoming Olympics and European Football Championships, after posting strong growth in full-year profits....
Footwear business Skechers USA is to take over its own distribution in Japan, setting up Skechers Japan as a wholly-owned subsidiary....
Factories in Bangladesh producing sportswear for Olympic sponsors Adidas, Nike and Puma have been accused of beating, verbally abusing, underpaying and overworking their staff, according to an investi...
Officials in the US have broken up two smuggling rings, and seized counterfeit apparel and footwear worth $325m, which was set to be illegally imported into the country....
- Expensive US dollar hitting H&M sourcing costs
- Enthusiasm for tech in outdoor apparel on rise
- 2015: Welcome to the new fashion consumer
- Apparel industry gains traction says IAF chief
- Performance apparel set for continued growth
- Kanati pulls production out of Pakistan
- Sears Holdings cuts 115 corporate jobs
- H&M Q4 mixed but plans 400 new stores
- JC Penney to close 10 Foundry stores
- UK clothing sales see strongest rise in two years
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Outdoor performance apparel: peaks, valleys, and green fields
- Apparel Retail: Top 5 Emerging Markets Industry Guide
- Li & Fung Limited (494) - Financial and Strategic SWOT Analysis Review
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead