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Luther added, "I am excited to take on this new challenge at such an important time in the company's long, rich history of growth. The expanding needs of our global brands will create diverse opportunities for growth from within, as well as new…

We are confident in her ability to lead our efforts to attract the diverse skills and talents we will need going forward to support sustainable, profitable growth through our portfolio of active brands."

Instead, in today's ever more fitness and fashion conscious world, a growing number are willing to pay as much for a new gym outfit as they do for a new formal party dress. This has led to a big increase over recent years in the value of the…

Instead, in today's ever more fitness and fashion conscious world, a growing number are willing to pay as much for a new gym outfit as they do for a new formal party dress. This has led to a big increase over recent years in the value of the…