Schuylkill Valley Sports Partners With Celerant Technology On New SSI Data Linked Platform
Celerant Technology, a leading provider of innovative retail and e-commerce solutions, announced that Schuylkill Valley Sports (SV Sports) has become the company’s first client to integrate their weekly SSI Data point-of-sale data reporting through Celerant’s new integration tools that connect seamlessly with SSI Data. Through this integration, SV Sports has easy access to robust marketplace trend reporting tools and reports to help the company compete and grow business.
Joe Prebich Exits Mammut North America
Joe Prebich, who was appointed managing director of Mammut North America in April, is no longer with the company, according to its public relations team, which declined to disclose the reason for Prebich’s exit. “Mammut and Joe ended their relationship professionally this week,” a representative of Mammut North America’s PR team told SGB Thursday.
Oppenheimer Upgrades Nike On “Technological Evolution” Promise
Oppenheimer lifted the rating on Nike Inc. to “Outperform” due to the company’s investments in building a “digitally-enhanced” business model that are expected to “enhance most facets of its business.”
Fanatics Partners With German Football Association
The German Football Association (DFB) announced a partnership with Fanatics. Beginning in January 2019, the new long-term partnership will see fans of the national team provided with a greater range of products and wider availability around the world.
New Iconix CEO Resigns From Big 5’s Board
Big 5 Sporting Goods reported Robert Galvin, who was just named CEO of Iconix Brand Group, has resigned from the company’s board of directors.
Moody’s Affirms Bass Pro’s Ratings On Cabela’s Progress
Moody’s affirmed the ratings of Bass Pro after due to improving margins as synergies from the company’s merger with Cabela’s have arrived ahead of plan. Bass Pro’s debt repayments have also been higher than expected since the acquisition closed.
Study: China Tariffs To Accelerate Nearshoring Of Apparel
In a new report, McKinsey & Co. predicts that nearshoring–or sourcing in the U.S. or countries close to the U.S.–will accelerate in the apparel industry in the years ahead. Many trends (e.g., speedy fashion shifts requiring quick turnarounds, advances in automation, sustainability concerns) are arriving to make nearshoring more attractive as others (e.g., rising wages in Asia, China tariffs) are making sourcing from Asia less so.
RECALL: Adidas Kids Swimwear
Adidas announced a voluntary recall of kids’ swimwear products of the Infinitex 3-Stripe range.
Under Armour Signs Two NBA Rookies: Mo Bamba And Hamidou Diallo
Under Armour signed Orlando Magic rookie center Mo Bamba and Oklahoma City Thunder rookie guard Hamidou Diallo.
Lululemon To Sponsor Kansas City Marathon
The Kansas City Marathon presented by Garmin has entered into an apparel partnership with Lululemon.
Fisher + Baker More Than Doubles Retailers, Expands Workforce
Fisher + Baker has more than doubled the amount of retailers carrying the company’s versatile line of premium menswear in 2018, as well as expanded the company’s staff in marketing and product management.
Nike And U.S. Olympic Committee Launch Online Training Tool For Coaches
Nike and the United States Olympic Committee, as part of the committee’s commitment to Project Play 2020, announced the release of How to Coach Kids, a free, 30-minute training course on coaching kids ages 12 and under.
Under Armour’s HR Chief Joins Talent Agency
Kerry Chandler, chief HR officer for Under Armour since 2015, has joined Endeavor, the talent agency based in Los Angeles.
RYU Apparel Inc. Successfully Registers Trademark
RYU Apparel Inc., creator of urban athletic apparel, is pleased to announce that the company’s RYU trademark application in Canada, including the RYU logo, is now complete and the logo has been successfully registered.
Fallas And Factory 2-U Stores To Close
National Stores, which operates the Fallas and Factory 2-U discount stores, will begin a store closing sale at 184 of the company’s remaining locations as part of bankruptcy proceedings.
