SGB Apparel

Li Ning Sees High-Single-Digit Q3 Comps

Li Ning Company Ltd. reported same-store sales for its overall platform excluding Li-Ning Young stores registered a high-single-digit increase in the third quarter on a year-on-year basis.

Fanatics Names CFO, Fanatics Betting & Gaming 

Fanatics hired Andrea Ellis as CFO, Fanatics Betting & Gaming (FBG), the company’s online sports betting and iGaming division. In this position, Ellis oversees FBG’s finance functions, including accounting, budget, tax, and cost management. 

Delta Apparel Sees Fiscal 2022 Sales Exceeding Expectations

Delta Apparel, Inc. forecasts net sales for the fiscal year ending October 1 to be approximately $484 million, representing an increase of 11 percent from the prior year. All five of its go-to-market channels, Delta Direct, Brand Direct, Retail Direct, DTG2Go, and Salt Life, are expected to register year-over-year growth.

Sorel’s Headquarters Moving To Washington County

Columbia Sportswear announced its Sorel brand is moving its headquarters in early 2023 to a single-use building on the company’s Washington county campus. Currently, Sorel’s headquarters are located in downtown Portland, OR.

Nordstrom Announces CFO Transition

Nordstrom, Inc. announced that its CFO, Anne Bramman, had informed the company that she was resigning effective December 2. Bramman will remain through the reporting of Nordstrom’s third-quarter 2022 financial results.