SGB Apparel

SGB Update

Men’s Activewear Brand YoungLA Opens First Store

Founded in 2014 by brothers Gurmer and Dashmeet Chopra, the men’s fitness brand has reportedly built a strong following by focusing on reaching fitness influencers online with 2.4 million followers on Instagram.

Momentec Brands Appoints David Baxter as CEO

Momentec Brands, the parent of Alleson Athletic, Augusta Sportswear and other team uniform brands, appointed David Baxter, its former chairman, as CEO.John Anton, the company’s former CEO since April 2024, becomes vice chairman. He formerly led Founder Sport.

SGB Executive

EXEC: Jefferies Analyst Bullish On Nike ACG Relaunch

Randy Konik, an analyst at Jefferies, issued a note touting the potential of Nike’s relaunch of ACG as a standalone outdoor-performance brand amid strong underlying demand for outdoor sportswear. He wrote, “This is a smart, potentially material move.”

Footasylum CEO Departs

Footasylum CEO David Pujolar has left the UK-based retailer. No reason reported. Stephan Rahmede, senior representative for Aurelius WaterRise, the in-house operations advisory team for Aurelius Group, and the owner of Footasylum, will take over in an interim capacity.

EXEC: Polygiene Sales Slide on Order Delays

Polygiene Group reported sales declined 17.7 percent in the fourth quarter and 6.6 percent for the year. The Swedish maker of antimicrobial fabric treatments said the results continue to reflect market uncertainties that are causing project delays but also indicated that sales are recovering.

EXEC: Asics Corp. Completes Strong 2025 on the Back of Lifestyle Categories

The company saw all categories and regions post increases for the year, but that momentum was not necessarily balanced across the portfolio, either from a sales trend, sales contribution, or profit contribution basis. SportStyle and Onitsuka Tiger each posted growth exceeding 43 percent for the year.