People
Former Allbirds CEO tapped as president of Sorel
Joe Vernachio, the former chief executive officer of Allbirds, has been named president of outdoor apparel and footwear brand Sorel. The appointment marks a return to Sorel’s parent firm Columbia Sportswear Company for Vernachio, who had previously served as president of the group’s Mountain Hardwear label between 2017 and 2021. Prior to this,...
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BusinessMember
Matalan narrows annual losses, boosts revenue amid strategic transformation
British retail giant Matalan has narrowed its annual losses and achieved a slight increase in total revenue for the full year, driven by its ongoing strategic transformation, improvements in its product ranges, and strong online performance. For the 53 weeks ended 28 February 2026, total statutory revenues rose by 0.2 percent to 987 million...
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