SGB Apparel

NFL, Fanatics Antitrust Lawsuit Over Amazon Sales Dismissed

The ruling frees the NFL, its teams and Fanatics from a lawsuit brought in 2022 by merchandise business Casey’s Distributing, Inc., which alleged that the companies conspired to exclude it from selling NFL-licensed products on Amazon’s marketplace, leaving consumers with fewer options and higher prices.

Nike’s Debt Downgraded on Lower Profitability, Tariff Risks

S&P Global Ratings lowered its debt ratings on Nike, Inc., due to recent sales and margin declines that it expects will continue in its current fiscal year as well as ongoing tariff risks. The rating agency said, “We believe it will take multiple years to regain the market share lost to both apparel and footwear competitors and return Nike to historical levels of profitability.”

Ireland’s Gym+Coffee Appoint Former Nike Exec as CEO

Niall Horgan, Diarmuid McSweeney and Karl Swaine founded the Dublin-based brand in 2017 and operate seven stores in Ireland. Jason Crawford, formerly of Nike and Adidas, will take on the role as CEO as the founders step away from the Ireland-based athleisure brand’s day-to-day operations.

Adidas Extends Contract with University of Nevada

The University of Nevada announced a new five-year agreement with Adidas, continuing its partnership that began in 2020. Adidas will remain the exclusive provider of footwear, apparel and accessories for Wolf Pack Athletics.

Survey: Potential Tariffs and Inflation Jump-Started BTS Shopping

“Consumers are being mindful of the potential impacts of tariffs and inflation on back-to-school items, and have turned to early shopping, discount stores and summer sales for savings on school essentials.” — Katherine Cullen, VP of Industry and Consumer Insights, National Retail Federation

361 Degrees Owned-Retail Posts Healthy Q2 Growth

China-based 361 Degrees International, Ltd. reported that brick-and-mortar retail sales of 361º core-branded products increased by approximately 10 percent year-over-year for the second quarter of 2025, which ended on June 30, moderating slightly after expanding by 10 percent to 15 percent in the first quarter.

Lululemon Appoints SVP of Sustainability

Nike’s former chief sustainability officer Noel Kinder was hired as LULU’s senior vice president of sustainability, reporting to Ted Dagnese, the company’s chief supply chain officer. He replaced Esther Speck who served as senior vice president of Sustainable Business and Impact at Lululemon for almost ten years.