Adidas has retained JPMorgan Chase to assist with a potential sale of its Reebok brand, according to The New York Times.
Author: SGB Media
Coterie Appoints VP Of Events
Coterie announced the appointment of Courtney Bradarich as VP of Events. She joins Coterie with over 15 years of fashion trade experience bringing a specialized background in contemporary and advanced contemporary markets and expertise in strategizing upmarket plans with omnichannel solutions.
Slinger Bag Continues Global Expansion With India Deal
Slinger Bag announced a five-year distribution agreement to cover the Indian market with Racquets4U, a fast-growing racquets specialist e-tailer in India.

REI To Open New Store
REI Co-op will open a new store in Mechanicsburg, PA in fall 2021, marking the Co-op’s fifth location in the state.

Athleta’s Q3 Sales Jump 35 Percent
Athleta’s sales grew 35 percent in the third quarter, according to its parent, Gap Inc. Comparable sales were the highest in the brand’s history – up 37 percent – and online contribution remained above 50 percent in the quarter.

Nordstrom’s Q3 Revenues Slump 16 Percent
Nordstrom Inc. reported sales decreased 16 percent to $3 billion in the third quarter. Net earnings were down 57.9 percent in the period, but came in well above Wall Street’s targets. Top-performing merchandise categories included active, home, beauty and designer.

Nite Ize TRU Zip Technology Awarded Special Mention In TIME’s Best Inventions Of 2020
Nite Ize announced that its patented TRU Zip waterproof zipper technology received special recognition from TIME’s Best Inventions of 2020*. Introduced in January 2019, TRU Zip is the foundation for the Nite Ize RunOff waterproof travel bag collection. The TRU Zip is a silent, sliding, toothless, dustproof, and waterproof zipper system. “We’re honored to receive […]

RYU Apparel Appoints North American Wholesale General Manager
RYU Apparel Inc., based in Vancouver, appointed Grant Matzen to head its North American wholesale expansion.

Honey Stinger Partners With Ultimate Sports Association
Honey Stinger has entered into a multi-year partnership with the Ultimate Sports Association, a non-profit 501c3, which owns and operates the John Muir Health Ultimate Fieldhouse, a youth sports hub in Walnut Creek, CA. Completed in December of 2015, the Ultimate Fieldhouse is a 40,000-square-foot youth sports facility that welcomes nearly 300,000 visitors per year including […]

Nemo Donates 1,600 Sleeping Bags To Big City Mountaineers
Nemo has donated 1,600 sleeping bags to Big City Mountaineers and its partners to get more kids outside. “Big City Mountaineers and their program partners are leaders in breaking down barriers to outdoor access,” said Mike Welch, VP of Global Sales for NEMO. “We’ve been donating a portion of our sales over the Labor Day […]

Krimson Klover Reports Increased Sales And International Retail Distribution
Krimson Klover announced it has increased its international sales in 2020 despite the impact of COVID-19. KK’s 2020/21 collection can now be found in more than 10 countries worldwide including Austria, Germany, Switzerland, United Kingdom, Italy, France, Spain, Russia, Czech Republic, Japan, and Canada. “We’ve added for this season Europe’s largest specialty fashion eCommerce retailer […]

TGR Introduces Its Sun Optics Collection
Teton Gravity Research (TGR) recently dropped its TGR Sun Optics collection of sunglasses handmade in Italy with polarized lenses by Carl Zeiss. Under development by TGR designers and partners at Zeiss since 2018, the collection is the next step in the evolution of TGR Optics. TGR has traveled the world for the past 25 years […]

Tracker Boats To Double Its Footprint In Bolivar, Adding 300 New Jobs
Bass Pro Shops and White River Marine Group are expanding its Tracker Boats plant in Bolivar, MO, doubling the square footage of its manufacturing capabilities and adding 300 manufacturing jobs.

NFL Names Hyperice Official Recovery Technology Partner
Hyperice announced a new multi-year sponsorship with the National Football League that names Hyperice an Official Recovery Technology Partner of the League. The multi-year sponsorship kicks off Week 12 of the 2020 season on Thanksgiving Day.

Camping World To Acquire Paul Sherry RV In Ohio
Camping World Holdings Inc. announced an agreement to acquire Paul Sherry RV, located in Piqua, OH.