SGB Apparel

Delta Apparel Sells Junkfood Clothing

Delta Apparel Inc. completed the sale of its vintage-inspired, licensed-graphics tee business, Junkfood Clothing Company, to JMJD Ventures, LLC for approximately $28 million, subject to a final tangible asset adjustment

REI To Open Store In Chattanooga

With iconic places such as the Chattahoochee National Forest, Great Smoky Mountains National Park, Cumberland Plateau and the Appalachians all within approximately 100 miles, REI will partner with local nonprofit, business and community leaders to support the nearby outdoor community.

Where Is VF Corp.’s Growth Coming From?

Hyper-growth online at both its DTC (direct to consumer) and wholesale accounts, continued momentum with Vans and outsized expansion overseas, especially in China, are being counted on to reach its new five-year growth goals.

Gander Mountain Still Hopes For Going-Concern Sale

Despite reaching a deal with a group of liquidators to become the stalking horse bidder in a planned bankruptcy auction, Gander Mountain said it remains in talks with strategic investors interested in buying the retailer on a going-concern basis.

Bahamas Development Corp. Acquires Incite Brands

Bahamas Development Corporation (BDCI) has acquired the apparel manufacturing assets of Incite Brands LLC, known for Incite Performance Wear. BDCI also recently acquired Native Outfitters Performance Apparel Company.

Stage Stores To Acquire Gordmans

Michael Glazer, president and chief executive officer of Stage commented, “We believe the Gordmans business model offers great potential and, without the burden of a high level of debt, unprofitable locations and an oversized infrastructure, we expect the Gordmans business will be accretive to our earnings.”

PAC Study Shows Slight Increase In Activity Levels

According to The 2017 Physical Activity Council (PAC) Participation Report, several activities saw moderate increase including outdoor, team, and fitness categories. These gains, especially among those who participate three times a week or more, contributed to the 0.2 percent decline in inactivity among Americans ages 6 and older.