SGB Apparel

Centric Brands Acquires Hosiery Division From Daytona Apparel Group

Centric Brands LLC.  announced the strategic acquisition of a division of Daytona Apparel Group, a portfolio of retail brands owned by Windsong Brands, that closed on March 24th of this year. Centric will take full ownership of Daytona Apparel Group’s hosiery division which sells product across multiple brands in stores nationwide.

Unifi’s Q3 Sales Climb 12 Percent

Unifi, Inc. reported earnings declined 56.3 percent in the third fiscal quarter ended March 27 as lower gross margins offset a 12.3 percent revenue gain. The parent of Repreve said sales and profitability were in line with expectations.

Moosejaw Launches Outdoor Gear Rental Program

Moosejaw has launched a gear rental program. The program ships to any destination in the U.S. Outbound and return shipping is free for most rentals. The online access to gear rentals includes brands Big Agnes, Kelty, Marmot, and MSR.

Higg Raises $50M In Series B Funding Round

Higg Co, the technology company behind the Higg Index platform, announced its $50 million Series B funding round. The funding is co-led by technology growth investor Silversmith Capital Partners, Tom Steyer and Katie Hall’s Galvanize Climate Solutions, along with participation by Series A partners Titan Grove and Buckhill Capital.

Puma’s Q1 Boosted By Americas Momentum

Puma reported earnings rose 11.2 percent in the first quarter on a 23.5 percent revenue gain. Currency-neutral growth of 19.7 percent was led by gains of 44.1 percent in the Americas region and 25.5 percent in EMEA that offset declines in Greater China. The company maintained its outlook for the year.

Darn Tough Vermont Appoints COO

Darn Tough Vermont announced the promotion of Angelica Taylor to chief operating officer. Taylor is advancing into this role after spending the last year as Darn Tough’s vice president of finance.

Brooks Takes Top Spot In Performance Running Market

Brooks Running said that in the first quarter, it took the top spot in the U.S. national performance footwear market for the first time, with 22 percent dollar share across all U.S. channels—athletic specialty and sporting goods, mid-tier, premium, and shoe chain.

Callaway Golf Sets Long-Term Financial Targets

Callaway Golf Company expects annual growth projections from fiscal 2021 through 2025 of 10 to 12 percent, led by more than 18  percent growth at Topgolf growth in the high-single digits in its non-Topgolf businesses. The company provided its growth plan as part of its Investor Day.

Brunt Workwear Appoints President

Boston-based Brunt Workwear announced the appointment of Kevin Eskridge,  most recently chief product officer at Under Armour, as the company’s president. In this role, Eskridge will oversee the company’s product development, merchandising, sourcing, and global retail expansion.