Footwear manufacturer Yue Yuen Industrial Ltd. reported sales slumped 4.4 percent in July despite a surge in sales at its Chinese retail subsidiary.
Category: Apparel
AAFA Urges Cutting Fed’s Use of Prison Factories
The American Apparel & Footwear Association called on presidential nominees to eliminate prison factories’ preferential access to federal uniform contracts.
Trend Spotting at Rio 2016: Swim Brands to Watch
As it should be, our focus is on the athletes at the 2016 Summer Olympics in Rio. But being in the business of the trade, we also can’t help but notice the active-lifestyle brands winning prime real estate on the stage.
Jessica Simpson Launches Performance Footwear Collection
Jessica Simpson, in partnership with Sequential Brands Group, Inc. and footwear partner Camuto Group, launched a collection of performance footwear as part of her athleisure line, The Warm Up.
Goldwin Reports Solid Growth in Fiscal Q1
The Japanese company, which owns the Goldwin and C3fit brands and distributes The North Face and other outdoor brands in Asia, reported sales grew 6.6 percent.
Adidas to Open Speedfactory in Atlanta
The state-of-the-art facility, to open in 2017, will allow Adidas to create product more quickly and closer to U.S. consumers.
Canadian Tire Provides Access to Canadian Olympians
Canadian Tire, the owner of Sport Chek, will be providing Canadians a live look inside of Canada Olympic House and a chance to interact with Olympians.
Under Armour Manager Receives SFIA Scholarship
SFIA acknowledged Kelly Becker, Ursinus College grad and current manager of innovation partnerships for Under Armour, as a recipient of the 2016 SFIA Future Industry Leaders Scholarship.
Nike Presents Film Featuring USA Basketball
Nike, Inc. (NKE) released a new film, “Unlimited Together,” that captures the strength of unity and the power of team for USA Basketball.
5.11 Tactical Charges Forward With Consumer Expansion
The soon-to-be-acquired company generates enough cash to grow its emerging U.S. retail business and pay a dividend to Compass Diversified Holdings Inc.
North Castle Partners Closes on $300 Million Fund
North Castle Partners, a private equity firm that owns Performance Bicycle and Ibex and recently invested in Ignite USA, closed its sixth fund, at $300 million.
Turner Lands Duluth Trading PR Account
Turner has added Duluth Trading Company to the list of “Modern Outdoor” clients it represents.
Anta Sports Selects US Anti-microbial Vendor
Noble Biomaterials Inc. established a strategic alliance with Anta Sports Products Limited, China’s largest sportswear brand, based in Fujian.
Under Armour Partners With Boutique Boxing Studio
Gloveworx, a boutique boxing studio and fitness facility based in Santa Monica, CA, sealed Under Armour as its Official Performance Partner.
Lululemon’s Cloaked Board Member Resigns
Lululemon filed with the U.S. Securities and Exchange Commission (SEC) that board member Rhoda Pitcher resigned from the post on August 8, 2016.
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