Delta Apparel, Inc. is expanding its digital print business with the opening of a new integrated digital print and distribution facility in Phoenix, AZ, combining DTG2Go’s digital print business with Delta Apparel’s own supply of garments.
Author: SGB Media
Retailers Applaud Supreme Court Ruling Supporting Dreamers
The National Retail Federation announced its support of the recent U.S. Supreme Court ruling in favor of the Deferred Action for Childhood Arrivals program.
Mercury Marine Named Preferred Engine Partner For Sting And Nordkapp Boats
Mercury Marine, a division of Brunswick Corporation, has entered into an agreement with Frydenbø to become the preferred engine partner of the company’s boat brands Sting and Nordkapp in all global markets.
NGF Update: 20 Million Spring Rounds Lost To Covid-19
The U.S. golf industry lost as many as 20 million rounds of golf in March and April due to course closures and coronavirus-induced anxiety, according to the most recent National Golf Foundation estimates.
Uncharted Supply Co. Secures Series A Funding From Black Oak Capital
Uncharted Supply Co., a maker of preparedness products, announced a new round of financing from Salt Lake City private equity firm, Black Oak Capital.
New Balance Makes Juneteenth A Paid Holiday
New Balance announced plans to close all operations, including owned stores, on Friday in observance of Juneteenth, which takes place on June 19 and commemorates the end of slavery in the United States.
J.C. Penney Reaches Deal To Resume Nike Shipments
J.C. Penney Co., which filed for bankruptcy last month, won court approval to free up $30 million in Nike products that the sportswear giant had been holding back in a dispute over allegedly unpaid pre-Chapter 11 bills.
Opkix Inc. To Acquire The PogoCam Brand
Opkix Inc., a Costa Mesa, CA.-based maker of tiny cameras and an integrated social content app, announced the acquisition of the PogoCam brand and its associated intellectual property, including its patent portfolio.
Smith & Wesson’s Q4 Revenues Jump 33 Percent
Smith & Wesson Brands Inc. reported sales in the fourth quarter ended April 30 were $233.6 million compared with $175.7 million for the fourth quarter last year, an increase of 32.9 percent. The company showed a steep loss in the quarter due to an impairment charge for the Outdoor Products & Accessories segment, which is being spun-off, related to the negative impact of COVID-19 pandemic.
Target Bumps Starting Minimum Wage to $15/Hour, Adds Frontline Worker Bonus
Target will permanently raise its starting wage for U.S. employees to $15 per hour, commencing July 5, 2020. The move was announced with a range of updates and extensions to its pay and benefits programs.
U.S. Skier Visits Down 14 Percent for 2019/20 Season But Still Rank In Top Five
Skier visit numbers to U.S. ski areas totaled 51.1 million for the 2019/20 ski season, down almost 14 percent over the 2018/19 season, according to a report from The National Ski Areas Association (NSAA).
Analyst Sees Nike Benefiting From Heightened Wellness Focus
Raymond James analyst Matthew McClintock raised his price target on Nike Inc. as the virus has heightened consumers’ desire to refocus on health and wellness. The upgrade also takes into account expected faster paybacks from its digital investments as well as a positive consumer response to its recent marketing efforts.
SFIA COVID-19 Report Sees Some Positive Movement On Sales
The 2nd edition of the COVID-19 Industry Impact Report from the Sports & Fitness Industry Association (SFIA) finds that while most sporting goods categories are seeing significantly decreased sales year-over-year, 56 percent of respondents reported sales growth from April to May 2020. Big year-over-year gains were seen in e-commerce and slightly more optimism was seen around the return of youth sports.
Primary Arms Government Adds Eastern Law Enforcement Sales Agent
Primary Arms Government has added Matthew Foust in the role of Eastern Region Law Enforcement Sales Agent.
Walther Arms Taps McCanna To Lead Sales Effort
Walther Arms has hired Rob McCanna as VP of sales. His resume includes 15 years in a variety of executive sales roles with Remington Arms including senior vice president, global sales and marketing.
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