SGB Apparel

Out&Back Outdoor Acquires The Locals Sale

Out&Back Outdoor, a marketplace to buy or sell new and used outdoor gear, acquired gear exchange company The Locals Sale. As part of the merger, all employees will transition and join the Out&Back company.

Sustainable Apparel Coalition CEO To Step Down

The SAC announced that its CEO, Amina Razvi, will leave the organization at the end of the year. She and the Board of Directors agreed that the time is right for her to step away and for the Board to identify a successor.

Fila Holdings’ Sales Slide On Fila Brand Weakness

Korea-based Fila Holdings Corp. reported sales fell 8.3 percent in the third quarter as a 35.1 percent decline at the Fila brand segment offset a gain of 3.3 percent at Acushnet (Titleist, Footjoy). Fila brand’s sales tumbled in the U.S. due to the impact of elevated inventories.

TJX Raises Outlook on Q3 Beat

The TJX Companies, Inc. lifted its guidance for sales and EPS for the year after seeing third-quarter results exceed targets. Q3 same-store sales grew 7 percent at the Marmaxx segment and 9 percent at HomeGoods, driven entirely by customer traffic.

Swiftwick appoints new CEO, adds Board Members

Swiftwick hired former Away executive Mark Chou as CEO and appointed Jimmy Leach, former VP of international sales at Toms and K.P. McNeill, CEO of Imogene + Willie and co-founder and former CEO of Billy Reid, to its board.

Nike Reshuffles Leadership in Design, Marketing and Technology

Nike, Inc. implemented a number of executive changes and additions, highlighted by John Hoke becoming chief innovation officer, Martin Lotti assuming the role of chief design officer, Nicole Hubbard Graham rejoining Nike as chief marketing officer, and Muge Erdirik Dogan joining Nike as chief technology officer.

Oiselle Names New CEO

Oiselle hired Arielle Knutson as CEO. She joins the women’s running brand from Nuun Hydration, where, most recently, she was VP of marketing.