SGB Apparel

Signa Sports Sales Climb 29 Percent In Q3

Signa Sports United N.V. (SSU) reported sales in its third quarter ended June 30 grew 29 percent, boosted by the full contribution of recently acquired businesses WiggleCRC and Tennis Express. The Berlin-based online platform reduced its guidance for the year due to continued supply chain challenges and weaker consumer spending.

Macy’s Elects Board Member

Macy’s, Inc. elected Emilie Arel, president and chief executive officer of Casper Sleep, to its board of directors, effective August 15, 2022.

On Lifts Guidance On North America Momentum

Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.

Fanatics Expands Partnership With Detroit Lions To Create Omnichannel Shopping Experience 

Fanatics and the Detroit Lions extended its multi-year deal, expanding on their existing e-commerce partnership, which now sees Fanatics become the team’s end-to-end omnichannel retail partner. A cornerstone of the new partnership is Fanatics’ investment to reinvent the in-venue retail experience for consumers, highlighted by Lions Supply, a new team store inside Ford Field.