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Retail appointments of the week

Outgoing Under Armour CEO Patrik Frisk. (Source: Fortune.com)
Under Armour CEO exits business in refocus Activewear giant Under Armour announced Wednesday that its chief executive and president Patrik Frisk will step down, naming current COO Colin Browne as interim CEO. Frisk will exit the business on June 1, and remain in an advisory role through to September 1. The shift is expected to take Under Armour out of a ‘restructuring’ phase and into one of growth, and comes just days after the business put forward a profit estimate for the FY23 full year, w