Nordstrom’s Q1 Shows Sequential Improvement In Sales Trends

Nordstrom Inc. reported a loss in the first quarter, as expected while showing continued strength in online sales. The retailer said sequential improvement in sales trends of more than 700 basis points relative to fourth quarter, but overall sales were down 13 percent versus the 2019 first quarter.

Patrick Mouratoglou Joins Slinger Bag’s Global Ambassador Team

Slinger Bag Inc. announced that tennis coach and sports commentator, Patrick Mouratoglou will join the brand’s Ambassador team led by Tommy Haas, former ATP No. 2 ranked player and Olympic silver medalist, who was named Chief Ambassador earlier this year. The team also includes doubles tennis players Bob and Mike Bryan and tennis coaching Nick […]

CBP And Nike Inc. Partner To Fight Counterfeits

The U.S. Customs and Border Protection (CBP) announced a new formal partnership arrangement with Nike Inc. as part of the Donations Acceptance Program. Under its partnership with CBP, Nike Inc. is donating proprietary technology to aid in authenticating a variety of Nike Inc. merchandise and prevent counterfeit products from entering the U.S.

CZG Completes Colt Acquisition

Colt Holding Company LLC announced CZG Group has successfully closed its acquisition of 100 percent of the equity interest in Colt, the parent company of the U.S. firearms manufacturer, Colt’s Manufacturing Company LLC and its Canadian subsidiary, Colt Canada Corporation.

Castore To Sponsor Wolverhampton

Castore will replace Adidas as kit supplier to Wolverhampton, marking the Liverpool-based brand’s first partnership with a Premier League soccer team. 

Varsity Brands Appoints Chief Information Officer

Varsity Brands announced that 25-year technology veteran Edwina Payne has joined the company as chief information officer, effective immediately. In this capacity, Payne will report to CEO Adam Blumenfeld and assume direct responsibility for the accelerated uptake of Varsity Brands’ technology transformation.