SGB Apparel

Rabbit Signs On As Apparel Sponsor For Aravaipa’s Black Canyon Ultras

Rabbit, the California-based running apparel manufacturer, has signed on to sponsor another of Aravaipa Running’s signature events, the Black Canyon Ultras. Races of both 60 and 100 kilometers will be contested next month on the world class Black Canyon National Recreation Trail north of Phoenix, AZ.

Ironman Appoints Chief Merchandise Officer

Ironman, a Wanda Sports Holdings Company, announced the promotion of 25-year experienced retail executive Jennifer Mocerino to chief merchandise officer for Ironman. Mocerino has been responsible for the expansion of retail operations to 26 countries and over 150 events globally.

Nike And Under Armour Both Earn Stock Upgrades

Cowen on Tuesday raised its rating on Nike to “Outperform” in part because the brand’s strong innovation pipeline and quick-turnaround capabilities are expected to drive margins higher. Goldman Sachs lifted its rating on Under Armour to “Buy” due also to signs of margin improvement near-term along with healthier growth in the long term.

Clarus Corp. Sees Q4 Exceeding Guidance

Clarus Corp. again lifted its guidance for the year ended December 31 due to healthy revenue increases in the fourth quarter. The gains were led by 8 percent growth from Black Diamond and 14 percent growth from Sierra Bullets.

Retail Reports Roundup – January 21

A stack of retail surveys and studies arrived just in time for last week’s NRF Big Show in New York City. Research included the arrival of the “Emerging Male ‘Power Shopper” as well as retail developments with artificial intelligence, mobile apps, smart speakers, fulfillment technologies, personalization, card-not-present fraud and more.

Antigua Signs License Agreement With U.N. Clothing Company

The Antigua Group, Inc., one of the nation’s leading designers and marketers of lifestyle apparel under the Antigua brand, announced that it has signed a license agreement with U.N. Clothing Company LLC to produce Antigua branded underwear, swimwear and loungewear.

Adidas Launches Sports Accelerator Program

Adidas announced the launch of its new sports accelerator program “Platform A” at Station F, the world’s largest start-up campus located in Paris. Thirteen start-ups have been selected to work with Adidas on new business initiatives for the sports industry starting in January.

Puma Establishes New North American Headquarters

As part of its growth, retention and recruitment strategy, Puma North America Inc. announced plans to establish a new North American headquarters in Somerville, MA in 2021. The new headquarters will bring together two Puma offices, currently based in Boston and Westford.