Sports Authority negotiated a deal with lenders that will allow its liquidation sale process to continue. According to bankruptcy court documents, going-out-of-business (GOB) sales would have ended Friday without the agreement.
Category: Apparel

NikeLab & Louis Vuitton Designer Create ‘Packable Sport Style’ Line
NikeLab has collaborated with Louis Vuitton’s Artistic Director for Menswear, Kim Jones, on a new and colorful collection of apparel and footwear that blends street, sport and travel.

Why Was Canadian Tire’s CEO Ousted?
In a shocker, Canadian Tire, the parent of Sports Chek and one of the largest retailers in Canada, ousted its CEO, Michael Medline, less than two years on the job.

These Eight New Outdoor Products Won Gold At Friedrichshafen
Which new outdoor products for 2017 are catching eyes in Europe?

Live at Outdoor Friedrichshafen – Day 2
SGB is live at Outdoor Friedrichshafen 2016 in Germany, bringing our U.S. readers a glimpse at some of the top trends, news and products coming out of Europe.
Amazon to Build KC Fulfillment Center
Amazon.com Inc. announced plans to open a “large-sized” fulfillment center in Kansas City, Kansas.
Amazon Prime Day Sales Up 50 Percent in US
Amazon said customer orders taken during second annual Prime Day July 12 surpassed Prime Day 2015 by more than 60 percent worldwide and more than 50 percent in the United States.
Canadian Tire Brings Back Stephen Wetmore as CEO
Canadian Tire, the parent of Sports Chek, appointed Stephen Wetmore as president and CEO, effective immediately. He succeeds Michael Medline who became president in 2013 and CEO in 2014.
Survey: Americans Inspired by Team USA
According to a new nationwide survey, 77 percent of Americans say watching Team USA inspires them to pursue their dreams.
Play It Again Sports Parent Sees Q2 Earnings Gain
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 25, 2016 of $5.4 million, or $1.25 per share, improving from income of $4.75 million, or $1.00, in the second quarter of 2015.
True Fit Secures Financing
True Fit, which helps shoe and apparel businesses cut down on e-commerce returns, announced a $25 million Series B financing from Jump Capital, Signal Peak Ventures, and Intel Capital.

Jordan Brand to Continue Derek Jeter Sponsorship
Jordan Brand announced that it has reached a deal with baseball legend Derek Jeter to remain with the brand, creating the role of ‘Captain’ within the iconic brand’s training category and family of baseball athletes. The brand will also continue Jeter’s signature RE2PECT line.
Alleson Athletic Appoints VP of Sales
Alleson Athletic, a leading sporting goods apparel supplier of stock and sublimated uniforms, spirit wear and outerwear, announced the appointment of John Lavelle as vice president of sales.
Helly Hansen Sees Bounceback Year in 2015
Helly Hansen Group reported sales grew 22 percent in its year ended December 31 to NOK2,57 billion ($305 mm) and advanced 12 percent on currency-neutral basis.
Sympatex Technologies Appoints New CEO
Sympatex Technologies GmbH appointed Rüdiger Fox as its CEO. Michael Kamm, its CEO since 2010, has left the company by mutual agreement.