SGB Apparel

Congress Passes The Great American Outdoors Act

The U.S. House on Wednesday passed the Great American Outdoors Act by a vote of 310 to 107, guaranteeing for the first time money for land acquisition and preservation. The bill now heads to President Donald Trump, who is expected to sign it.

Nike Announces  Leadership Changes To Support Consumer Direct Acceleration 

Nike Inc. announced a series of senior leadership changes supporting the company’s Consumer Direct Acceleration (CDA). Among the changes, Amy Montagne becomes VP/GM, Men’s; Whitney Malkiel becomes VP/GM, Women’s; and McCallester Dowers becomes VP/GM, Kids. All three will report to Michael Spillane, who becomes president, Consumer Creation.

Stage Stores Starts Going-Out-of-Business Sales

Joint venture partners Gordon Brothers and Hilco Merchant Resources announced that they have started “Going-Out-of-Business” sales at 720 Stage Store locations, including Gordmans as well as Stage, Bealls, Goody’s, Palais Royal, and Peebles stores.

VF Corp. To Open Multi-Brand Retail Store In Milan

VF Corp. plans to open its first multi-brand store this fall in Milan, Italy. The store, inside a historic building at 11 Orefici Street, will feature The North Face, Timberland and Napapijri with other VF brands periodically showcasing their collections.

Volcom Stores Opening In China

Authentic Brands Group, the owner of a global portfolio of lifestyle and entertainment brands, announced the expansion of Volcom in partnership with China Ting Group, a China-based lifestyle company specializing in retail development and brand building.

OIA Launches Outdoor Industry Business Certificate Program

The Outdoor Industry Association in partnership with Utah State University and Western Colorado University, launched select courses from its Outdoor Industry Business Certificate program. The program offers a suite of continuing education certificates tailored to outdoor industry professionals.

Renfro’s Debt Downgraded By S&P

S&P lowered its debt rating on U.S. sock manufacturer Renfro Corp. after finding a recent financial transaction tantamount to a default on its existing term loan.