Retail
Lids
Sports retailer Lids announced the promotion of Britten Maughan to president.
Maughan has been a key factor in Lids’ continued growth since he joined the company in 2019. In his role as a senior vice president of marketing and partnerships, Maughan has overseen all aspects of product, marketing, merchandising, partnerships and distribution for the retailer.
As part of Maughan’s promotion, Tom Ripley, chairman and CEO of Lids, will transition to executive chairman of Lids in addition to his active role as a co-founder and partner at Ames Watson. As executive chairman, Ripley will focus on Lids’ continued growth initiatives alongside several of the company’s key partners, with a specific focus on the retailer’s international expansion. Maughan will report directly to Ripley.
Lids is the largest headwear retailer in North America, with over 30 million hats sold annually across their nearly 2,000 brick and mortar locations. Following its acquisition from Ames Watson three years ago, Lids has become a billion-dollar business and continues to be the largest brick and mortar retailer of licensed sports product in North America, including a fast-growing non-sport branded business and continued international expansion.
Tuesday Morning
Tuesday Morning, an off-price retailer of home goods and décor, announced that Paul Metcalf was named principal and chief merchant.
Metcalf will lead Tuesday Morning’s merchant and planning and allocation organizations. Metcalf has been in a consultant capacity with the company as acting chief merchant since April 2019.
Prior to his consulting role at Tuesday Morning, he was executive vice president and chief merchandising officer at Burlington Stores.
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The RealReal
The RealReal, an online marketplace for authenticated, resale luxury goods, announced that Robert Julian was joining the company as chief financial officer (CFO) on Oct. 1.
Julian previously served as CFO of Sportsman’s Warehouse, Callaway Golf and Lydall. He also held CFO roles at Deluxe Entertainment Services Group and Legrand North America.
Julian joins The RealReal on the heels of its back-to-back quarters of record gross merchandise volume (GMV), with second quarter GMV reaching $350 million.
Trade
USTR
The Senate confirmed Jayme White as Deputy United States Trade Representative (USTR), with portfolios covering the Western Hemisphere, Europe, the Middle East, labor and environment.
White reports to USTR Katherine Tai. He began his career working for his hometown member of Congress in the House, Rep. Jim McDermott (D-Ill.), who served on the Ways and Means committee, which has jurisdiction over international trade.
White has served as chief trade advisor for the Senate Committee on Finance since 2014. In this role, he has represented and advanced bipartisan U.S. views to foreign trade leaders and the outcomes of those efforts are evident in many trade agreements, such as key provisions on enforcement measures on labor and the environment found in the United States-Mexico-Canada Agreement.
Also confirmed this week by the Senate as Deputy USTR was Sarah Bianchi, with portfolios covering Asia, Africa, investment, services, textiles, and industrial competitiveness.
Bianchi has spent nearly a decade in government roles in economic and domestic policy, including in the Office of the Vice President, the White House Domestic Policy Council, the Office of Management and Budget and the Senate Health, Education, Labor and Pensions Committee.
In 2011, she was appointed by then-Vice President Biden as his head of economic and domestic policy, where she ran the economic and domestic policy team in the Office of the Vice President and coordinated all policy initiatives ranging from workforce competitiveness to manufacturing to budget negotiations. She also served as deputy assistant to the President for Economic Policy.
Brands
Kontoor Brands
Kontoor Brands Inc., a global lifestyle apparel company, with a portfolio led by Wrangler and Lee, appointed Tammy Heller as chief human resources officer (CHRO), effective Sept. 29.
Heller will be responsible for developing and driving the organization’s people strategy. In addition to overseeing fundamental human relations functions such as compensation, benefits, HR systems, recruitment, onboarding, training and retention programs, she will also be responsible for leading Kontoor as a high-performance and growth-mindset culture, translating business strategies into actionable people plans, overseeing the inclusion and diversity strategy, and elevating Kontoor as an employer of choice and for top talent.
As a member of the company’s executive leadership team, Heller will report to Kontoor’s president, CEO and chair of the board, Scott Baxter.
Heller joins Kontoor from Perspecta, where she served as CHRO and senior vice president since 2018. Heller succeeds Scott Shoener, who has announced his intent to retire at the end of December after more than 35 years of serving VF Corp. and Kontoor’s human resources organizations.
Textiles
MycoWorks
MycoWorks, which makes leather alternatives using the thread-like root structure that sprouts mushrooms, announced that Ian Bickley, former president of Coach International, joined the company as a strategic advisor.
Bickley follows the lead of former Hermès CEO Patrick Thomas, who was appointed to MycoWorks’ board of directors as an independent member in July. Bickley said it’s still too early to define his role with MycoWorks, although he thinks his experience building brands, along with his belief and passion for the company’s story, could be helpful as it reaches out to more brand customers.
Logistics
Crowley Maritime
Crowley Maritime Corporation appointed Massimo Messina as vice president, mergers and acquisitions (M&A).
Based in Jacksonville, Fla., Messina will lead Crowley’s corporate expansion goals by identifying and assessing potential M&A candidates and execute transactions that align with the global enterprise’s future growth projection and endeavors across all business units.
Messina brings to Crowley more than 25 years of experience in M&A, financial advisory and investment banking, advising publicly traded and privately held corporate clients on the valuation and structuring of complex merger and acquisition transactions. Throughout his career, he has helped to build investment banking practices for firms such as PwC, Grant Thornton and Duff & Phelps. He has broad transactional experience with firms such as Credit Suisse First Boston and Houlihan Lokey.
Most recently, Messina served as president at BG Strategic Advisors LLC, an M&A advisory firm focused on the logistics and supply chain industry based in West Palm Beach, Fla.
Crowley Maritime Corporation is a privately held, U.S.-owned and -operated maritime, energy and logistics solutions company serving commercial and government sectors with more than $2.5 billion in annual revenues, over 160 vessels and approximately 6,300 employees around the world. The Crowley enterprise has invested more than $3 billion in maritime transport, and as a global ship owner-operator and services provider, the company serves customers through four business units–Crowley Logistics, Crowley Shipping, Crowley Solutions and Crowley Fuels.