Beyond Yoga’s Revenues Jump 16 Percent in Fiscal Q2, Levi’s Raises FY Guidance
Levi Strauss & Co. reported sales at Beyond Yoga grew 16 percent in its fiscal second quarter ended May 31, to $43 million. Operating losses at Beyond Yoga were trimmed to $2 million from $4 million a year ago. Levi’s lifted its outlook for the year on a better-than-expected quarterly performance.
Adidas Taps S&S as Exclusive U.S. Distributor for Team Apparel
S&S signed an exclusive U.S. distributor agreement for Adidas team apparel, which includes teamwear, corporate apparel and gifting.
EXEC: Levi Strauss & Co. Shuttering Kentucky DC as Over 300 Face Layoffs
The move, shedding over 300 jobs, is another step in the company’s transition to a hybrid logistics model by outsourcing distribution to third-party logistics providers like GXO Logistics in Europe and Maersk, which operates a DC for LS&Co. outside of Columbus, OH.
Lululemon Enters India with First Store in New Delhi
Lululemon Athletica announced that its first India store will open at DLF Promenade, one of New Delhi’s upscale retail destinations, later this fall as part of a franchise partnership with Tata CLiQ.
Gameday Spirit Replaces Fanatics as Illini’s Online Store Partner
Gameday Spirit has replaced Fanatics as the official online team store partner for the University of Illinois, extending its partnership with the school.
American Eagle Outfitters Appoints Former Nike Exec as CFO
American Eagle Outfitters, Inc. appointed Ravi Thanawala, a former chief financial officer of Nike North America, as chief financial officer.
EXEC: Rip Curl Parent KMD Brands Appoints Independent Board Director
KMD Brands, the parent of the Rip Curl, Oboz and Kathmandu brands, has appointed Ian Morrice as an independent non executive director to the Board of Directors (Board), effective August 20, 2026, The move comes following the Board renewal process announced in May 2026.
EXEC: Polygiene Appoints Head of Commercial Growth for Addmaster
Dr. Kurt De Meyer has been tapped as head of commercial growth for Addmaster, one of the textile company’s business segments.
Nike to Replace Puma as Outfitter of Club Deportivo Guadalajara
Nike reached a long-term agreement to replace Puma as the sponsor and kit supplier to Mexico’s Club Deportivo Guadalajara, also known as Chivas de Guadalajara.
EXEC: Asics to Open Second Japan Flagship
The flagship will also introduce “Asics Create,” the brand’s first apparel customization service at a directly operated store, for customers to personalize garments with embroidered designs.
S&S Doubles Vancouver Footprint with Distribution Center Expansion
S&S, formerly S&S Activewear, announced a major expansion of its Vancouver distribution operations with a move into a larger facility to support growth across Western Canada.
EXEC: Safilo Completes Acquisition of Spy+ and Serengeti
Safilo Group, the parent of Smith, announced the closing of its acquisition of the Spy+ and Serengeti eyewear brands from Bollé Brands for $24.6 million.
Innovative Eyewear Sees Robust Growth in First Half
The owner of the smart eyewear licenses for Reebok, Nautica and Eddie Bauer reported sales surged 71 percent in the first half ended June 30.
Nike Inks European Distributor for ACG
Nike Inc. has appointed French Albion to distribute its recently relaunched ACG Outdoor Collection across key European outdoor markets.
Dick’s to Open First House of Sport in Greater Nashville Market
Dick’s Sporting Goods announced plans to open a House of Sport at the CoolSprings Galleria in Franklin, TN, its first in the greater Nashville market.
