Gildan Activewear Inc. announced the release of its 16th Environmental, Social and Governance (ESG) report. The 2019 ESG report, prepared in accordance with the Global Reporting Initiative (GRI) Standards comprehensive option, shows Gildan’s approach and commitment to ESG.
Author: SGB Media
Ross Stores Surprises With Q2 Profit
Ross Stores Inc. reported a surprise profit in the second quarter despite seeing revenues decline 32.5 percent. Reopened store comps were down 12 percent and comps have continued to be down mid-teens so far in the third quarter.
CBL Properties Expects To File For Bankruptcy
CBL Properties, the mall owner, said it is planning to file for bankruptcy in order to execute a debt restructuring.
Report: Sweaty Betty Preparing For Sale
Sweaty Betty, the London-based women’s activewear chain, is preparing to put itself on the selling block, sources told Bloomberg. The sale comes as Sweaty Betty recently announced the pandemic had caused it to permanently close all its 12 U.S. stores.
AKU Outdoor Appoints Reps For Rockies Region
Aku, the Italian footwear brand known for its hand-crafted hiking and trekking boots, announced that Black Dog Sales Group has been retained as its new sales rep agency to support sales in Colorado and New Mexico.
Smartwool Canada Appoints Senior Manager, Sales & Marketing
Smartwool Canada has appointed Daniel Doucette as senior manager of sales & marketing. He steps into his role at Smartwool after more than a decade as Columbia Sportswear’s national account manager for Western Canada.
AstroTurf Names VP Sales; VP Business Development & Research
AstroTurf Corporation, the provider of synthetic turf, hired Jim Savoca as VP of sales. Todd DeWolfe was appointed VP of business development & research.
United Sports Brands Acquires Glukos Energy
United Sports Brands has acquired Glukos Energy, the energy supplement brand. United Sports Brands will utilize its expertise, partnerships and experience to create new market opportunities for Glukos.
Celsius Announces Strategic Investment Of $22 Million
Celsius Holdings Inc., the maker of fitness drink, Celsius, announced that it entered into an agreement providing for a direct private investment of $22 million with two investors, Asia’s leading private equity firm and a leading global institutional investor.
Nautilus Partners With Seko Logistics; Expands Distribution In Europe
Nautilus Inc. announced an agreement with SEKO Logistics, a multi-national logistics and freight company, to expand its footprint in Europe and increase distribution of its Bowflex, Schwinn and Nautilus home fitness products.
U.S. Performance Bike Sales Rise In June, NPD Reports
While the U.S. cycling industry’s unprecedented growth in the earlier months the COVID-19 pandemic was primarily driven by sales of family-friendly, adult lifestyle and children’s bicycles, the 63 percent year-over-year growth for bike sales in June primarily stemmed from higher-end bikes purchased by cycling enthusiasts which included road, gravel, full-suspension mountain bikes, and e-bikes, according to the NPD Group.
The Vitamin Shoppe Appoints CFO
The Vitamin Shoppe, the specialty retailer of nutritional products, appointed Laura Coffey as executive vice president and chief financial officer.
ProXR Partners With Thirty-5 Capital
Thirty-5 Capital, a Chicago-based venture capital firm, announced a new partnership with ProXR LLC, a St. Louis-based sports technology firm that develops, markets and licenses ergonomic grip design with products targeting baseball, hockey, golf and others.
Headsweats Partners With Virtual Women’s Half Marathon For New Run Series
Headsweats, the manufacturer of apparel and headwear, has partnered with the Virtual Women’s Half Marathon Run Series as the exclusive headwear provider during its weekend of virtual events scheduled for October 17-18.
Winnebago Industries Raises Dividend By 9 Percent
Winnebago Industries Chief Financial Officer Bryan Hughes stated, “We are pleased to enhance the dividend for our shareholders, and this move reflects our strong financial position and our confidence in the trajectory of our company’s performance, despite the challenges presented by the COVID-19 pandemic.
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