Report: Sweaty Betty Preparing For Sale
Sweaty Betty, the London-based women’s activewear chain, is preparing to put itself on the selling block, sources told Bloomberg. The sale comes as Sweaty Betty recently announced the pandemic had caused it to permanently close all its 12 U.S. stores.
Smartwool Canada Appoints Senior Manager, Sales & Marketing
Smartwool Canada has appointed Daniel Doucette as senior manager of sales & marketing. He steps into his role at Smartwool after more than a decade as Columbia Sportswear’s national account manager for Western Canada.
Headsweats Partners With Virtual Women’s Half Marathon For New Run Series
Headsweats, the manufacturer of apparel and headwear, has partnered with the Virtual Women’s Half Marathon Run Series as the exclusive headwear provider during its weekend of virtual events scheduled for October 17-18.
Duluth Holdings To Open Store In Orland Park, IL
Duluth Trading Company announced the grand opening of its 64th store in Orland Park, IL.
Bowling Green Extends Partnership With Nike, BSN Sports
The Bowling Green State University said it has extended its partnership with Nike through BSN Sports.
Retailers Launch Additional Promotions With Boys & Girls Clubs Of America
Boys & Girls Clubs of America launched its 2020 Back2School cause campaign in July and continued its momentum by announcing additional partnerships with retailers around the country, including Champion Athleticwear, Kids Foot Locker and Old Navy.
Nanamica To Open Store In New York City
Nanamica, the Japanese technical contemporary menswear label, is opening its first store outside Japan in the SoHo district of Manhattan.
JP Sportswear Relocates Headquarters To Lynwood, CA
JP Sportswear, a manufacturer of sportswear apparel, relocated its headquarters from Los Angeles to Lynwood, CA. The new manufacturing facility was engineered for quick-turn production of Made in USA apparel and accessories.
Anta Group Partners With World Wide Fund For Nature (WWF)
Anta Group and the World Wide Fund for Nature (WWF) held a signing ceremony at the Group’s operational headquarter in Xiamen, China announcing that Anta Group became WWF’s first international partner in China’s sportswear and textile industry.
TJX’s Sales Slide 32 Percent In Q2
The TJX Companies Inc. reported a net loss of $214.2 million, or 18 cents a share, in the second quarter as sales fell 31.8 percent. Results were short of Wall Street’s target. The off-pricer predicted open-only comp store sales to decrease in the range of 10 percent to 20 percent in the third quarter.
Ryderwear Launching 3PL Warehouse in the U.S. And UK
Ryderwear, the Australian fitness apparel label, plans to open a third party logistics (3PL) warehouse in the United States and United Kingdom, a move that will slash delivery times for international customers.
361 Degrees Sees Revenues Slump 17 Percent In First Half
361 Degrees International Limited, the sporting goods firm based in Hong Kong reported revenues in the first half of 2020 fell by 17.0 percent to ¥2,686.1 million.
Target Reports Q2 Comps Vault 24.3 Percent
Target Corp. reported second-quarter comparable sales grew 24.3 percent, the strongest the company has ever reported. Adjusted earnings grew 86 percent.
Dick’s SG Appoints Chief Communications And Sustainability Officer
Dick’s Sporting Goods has appointed Peter Land as chief communications and sustainability officer.
NRF: Parents To Spend Even More On Tech This Back-To-School Season
Most families still don’t know what supplies students need for school and college this year, but more expect at least some classes to take place online than a month ago and said they will buy more computers and other items for back-to-school, the National Retail Federation (NRF) and Prosper Insights & Analytics reported.
