SGB Apparel

Gildan Activewear Sees Q1 Sales Climb 28 Percent

Gildan Activewear Inc. reported a profit against a loss in the first quarter as revenues climbed 28.4 percent. Said Gildan President and CEO, Glenn Chamandy. “While large events have not yet restarted, we continue to be encouraged by the strength of our imprintables business and on the retail side we were pleased with strong double-digit growth in underwear and activewear sales.”

Penn Athletics Renews Relationship With Nike

The University of Pennsylvania Division of Recreation and Intercollegiate Athletics and Nike have reached an agreement on a new five-year contract that will keep the Quakers in Nike through the 2025-26 athletic year.

Berghaus Appoints Global Brand Director

Berghaus has appointed Charlie Pym as its global brand director responsible for global product and marketing for the brand. He joins Berghaus from the cycling category, having been the marketing director of McLaren’s Pro Cycling program, which launched Team Bahrain McLaren.

Ames Watson Acquires South Moon Under

An affiliate of investment holding company Ames Watson is acquiring the Annapolis, MD-based surf chain, South Moon Under. Ames Watson acquired the Lids hat chain two years ago.

Big 5 Posts 32 Percent Q1 Comp Gain

Big 5 Sporting Goods Corp. reported same-store sales jumped 31.8 percent in its first quarter ended April 4, well above guidance calling for a gain of 20 percent. Earnings likewise soared and came in about double guidance.

Dick’s SG Announces Grand Opening Of Four Stores

Dick’s Sporting Goods will expand its nationwide footprint with the grand opening of one Dick’s Sporting Goods location, one Warehouse Sale location and two locations of a new off-price store concept—Going, Going, Gone!—in May.