SGB Apparel

Lululemon’s Q4 Exceeds Revenue Guidance

Lululemon Athletica Inc. reported earnings rose 15.9 percent on a 12 percent revenue gain. Results topped its guidance for sales updated on January 9 while landing in line with earnings guidance.

Asics Establishes Boston Base

Said Gene McCarthy, president and CEO, Asics America, in an interview with SGB, “Setting up a global hub in Boston allows us to better align with our strategic initiatives and focus on key areas for growth, including our apparel and digital teams.”

Asics Opening Boston Design Hub

The move punctuates the brand’s overall growth strategy, adds to the brand’s presence in Boston to its already existing global digital hub that opened in Spring 2016 and grows its U.S. presence on both coasts: Irvine, CA and Boston, MA.

SIA Welcomes Board Members

SnowSports Industries America welcomed Chris Licata (Tecnica Group USA); Alex Draper (K2 Sports); Johan Malkoski (C3); Brooke MacKenzie (Kjus); Eric Tung (Fera); Elysa Walk (Burton); and Chico Bukovansky (DaKine) to its board of directors.

Nike To Open Moscow Flagship

Nike will open a flagship store in Moscow on Air Max Day, March 26. The store is another one of its recent statement locations that “transform sport retail through digitally connected experiences.” Recent openings have included Nike Soho last year and Nike Miami and the Nike & Jordan Basketball Experience Store in Beijing this year. […]