David Obadia has stepped down as CEO of lifestyle brand Sporty & Rich. He joined the company in 2018, overseeing its design, sales, and financial operations in Paris. Following his departure, brand founder Emily Oberg will resume full leadership, taking back both management and design responsibilities. Oberg launched Sporty & Rich in 2014, building a brand known for blending streetwear with preppy, retro-inspired aesthetics. The brand has posted double-digit annual revenue growth for the past seven years and operates flagship stores in cities including New York, Shanghai, and Seoul.