5.11 Tactical, a subsidiary of Compass Diversified, will open its 100th store in Oxnard, CA, on September 17, 2022.
Author: SGB Media

Kanye West Seeks To End Relationship With Gap And Adidas
Kanye West said he formally notified Gap, Inc. that he is terminating his partnership with the apparel chain after two years. He accuses Gap of breaking their agreement by not releasing his apparel line or opening planned retail stores. West also reiterated to media outlets that he plans to end his Adidas contract.

Mastercard: U.S. Holiday Sales Expected To Grow 7.1 Percent
U.S. retail sales, excluding automotive, are expected to increase 7.1 percent year-over-year this holiday season, according to the Mastercard SpendingPulse annual holiday forecast.
Rab, Lowe Alpine Names National Sales Manager
Rab and Lowe Alpine hired Peter McConkie as national sales manager. He was the national sales manager for Vasque Footwear.
Olympia Sports Retains Liquidators To Close Remaining 34 Stores
Olympia Sports, which filed for bankruptcy this week to support liquidation, hired SB360 Capital Partners, LLC as its exclusive consultant to conduct “Going Out of Business” sales in its remaining 34 stores.
Everlane Secures Financing
Everlane, Inc., the retailer of sustainable apparel, accessories and footwear, has secured a $65 million revolving credit facility.
Skechers Senior Vice President, Domestic Sales, To Retire
After nearly three decades with Skechers, Senior Vice President of Domestic Sales Rick Graham announced his retirement. Pete Calichman will replace Graham.

On’s Cloudprime Reshapes Carbon Waste Into Running Shoes
Swiss sports brand On presents the first shoe made from carbon emissions, called Cloudprime. “This is a significant moment in On’s journey to move away from petroleum-based resources by creating a new foam material called CleanCloud, made using carbon emissions as a raw material. On is the first company in the footwear industry to explore […]
Aetrex Launches Proprietary 3D Data Portal
Aetrex, Inc. (Aetrex), the manufacturer of foot scanning technology, orthotics, comfort and wellness footwear, launched its Foot.com data portal, a dedicated platform to help shoe manufacturers worldwide create better-fitting footwear. Users can view and extract global 3D foot data by gender, foot size, country, and more. “Launching the portal marks a significant step forward in […]

KUIU Debuts Proximity Series For “Silent” Hunting
KUIU, the manufacturer of performance hunting gear, launched a line of apparel focused on silent movement in cold conditions, engineered with a feature set for treestand hunting. The Proximity series includes the Proximity Insulated Hooded Jacket and Proximity Insulated Pant,and combines technologies to ensure the wearer is undetected during close encounters with wildlife in cold weather conditions. Both […]
Golftec Opens Location In Atlanta
Golftec announced it opened an instruction and club fitting center in Atlanta, GA.
Primary Arms Hires VP of E-Commerce And Inbound Marketing
Primary Arms hired Kody Staples as vice president of e-commerce and inbound marketing. In this position, Staples will oversee Primary Arms’ digital sales channels and e-commerce marketplaces.

Railroad Strike Averted After Tentative Deal Reached
Railroads and workers’ unions reached a tentative labor agreement early Thursday, averting a national rail strike that threatened to shut a major segment of the U.S. transportation network.

Matador Travel Equipment x Volcom Collaborate On Textile Design
Matador Travel Equipment and Volcom, the board sports brand, collaborated to create the Bark Camo print. Building off the success of the brands’ first joint effort, which launched in 2021, the pattern comes in a product assortment including the Freerain22 Backpack, Freerain Hip Pack and the Pocket Blanket. “Volcom’s Earth Tripper collection is one of our […]

Report: Steph Curry Nearing $1B Lifetime Contract With Under Armour
Steph Curry is poised to sign a lifetime contract with Under Armour worth “potentially more than $1 billion,” according to a report from Rolling Stone.