SGB Apparel

Progression Brands Group Named Exclusive U.S. Distributor Of ODLO Brand

ODLO, a performance apparel brand based in central Switzerland, named Colorado-based Progression Brands Group (PBG) as its exclusive distributor for the U.S. market. The 75-year-old company designs and sells its sustainably made, technical apparel for runners, skiers, cyclists, hikers, and outdoor enthusiasts in more than 40 countries worldwide. ODLO reported it “chose PBG for its […]

Kohl’s Debt Ratings Lowered

Moody’s Investors Service downgraded the debt ratings on Kohl’s due to an erosion of its market position and the deterioration in credit metrics to levels not reflective of an investment grade rating.

RYU Board Member Resigns

RYU Apparel, Inc. informed its shareholders that Roger Edwards, the company’s director, had resigned, effective immediately.

Under Armour Partners With XFL

Under Armour and the XFL reported it entered into a partnership. Under the terms of the agreement, UA becomes its “official” uniform provider beginning with the 2023 XFL season for all on-field play, including jerseys, base layers, sideline, and training apparel.

Dainese Enters Distribution Deal

Tucker Powersports entered into an exclusive agreement to distribute the Dainese motorcycle product line to its network of powersports dealers in the United States.

Puma Names Chief Product Officer

Puma promoted Maria Valdes to chief product officer and to its Board of Management, effective January 1, 2023. Valdes’ current role is general manager, Puma Sportstyle.

Lululemon Lifts Outlook As Q3 Comps Surge 22 Percent

Lululemon Athletica Inc. again raised its outlook for sales and earnings in the year after reporting third-quarter results that topped guidance. Comparable sales in the quarter jumped 22 percent, or increased 25 percent on a constant dollar basis.