SGB Apparel

Retail Imports Rise for Back-To-School

Import cargo volume at the nation’s major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season, according to the monthly Global Port Tracker report.

Play It Again Sports Parent Sees Q2 Earnings Gain

Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 25, 2016 of $5.4 million, or $1.25 per share, improving from income of $4.75 million, or $1.00, in the second quarter of 2015.

True Fit Secures Financing

True Fit, which helps shoe and apparel businesses cut down on e-commerce returns, announced a $25 million Series B financing from Jump Capital, Signal Peak Ventures, and Intel Capital.