Author: SGB Media

Sea Otter Classic Cancels 2020 Edition

July 9, 2020 SGB Update

The Sea Otter Classic’s 2020 event, which had been rescheduled for October 1 to 4, will be canceled, according to the event’s organizers. The Bicycle Leadership Conference, traditionally held prior to the Sea Otter Classic, has also has been canceled.

NPD Sees Continued Strong Online Growth For Apparel

July 9, 2020 SGB Update

E-commerce will continue to play a strong role in the apparel industry’s success, particularly while the in-store shopping experience feels different from what consumers are accustomed to, according to insights from the new Future of Apparel report from the NPD Group. In early June, U.S. consumers told NPD that more than half of their planned apparel purchases for the next two weeks would be made online.

Hydro Flask Parent Sees Modest Q1 Decline In Houseware Sales

July 9, 2020 SGB Update

Helen of Troy Ltd. reported sales in its Housewares segment, which includes Hydro Flask and OXO, were down 3 percent in the first quarter ended May 31, to $140.6 million primarily due to the temporary closure of key domestic brick & mortar customers due to COVID-19 and a decrease in international sales.

The Buckle’s Sales Jump 27 Percent In June

July 9, 2020 SGB Update

The Buckle, Inc. announced that total net sales for the 5-week fiscal month ended July 4, 2020 increased 26.8 percent to $94.8 million from net sales of $74.8 million for the prior year 5-week fiscal month ended July 6, 2019.

Snipes USA Announces New President

July 8, 2020 SGB Update

Snipes has appointed Jim Bojko as president of Snipes USA. In this role, Bojko is responsible for leading the U.S. operations of the international sneaker and streetwear retailer as it continues to expand the brand across the United States.

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