Los Angeles-based Platinum Equity reached an agreement to acquire Solo Group, a European maker of business-to-business personalized products including apparel, drinkware, bags and luggage, stationery and tech accessories.
Category: Apparel
Swany America Appoints Director of Marketing and Creative
Adam Weitzel brings nearly a decade of experience in the outdoor industry. He has held key in-house marketing positions at Smartwool and Exxel Outdoors while also creating content campaigns in the agency world
Mechanix Wear Protective Apparel Acquires Kinco to Broaden Portfolio
Kinco manufactures and distributes gloves for farm, outdoor, and industrial use, with an enthusiast following in the ski and snowboard industry. This transaction represents the second add-on acquisition for the Mechanix Wear platform, which previously acquired Chicago Protective Apparel.
EXEC: Duer Partners on Europe Launch; Expands Retail Presence in North America
A strategic partnership with Hectic Europe is expected to facilitate the brand’s European launch while the company continues to expand its retail presence with new branded stores set to open in Victoria, British Columbia; Portland, Oregon; and San Francisco, California.
Report: Dick’s SG Seeking Orland Park Financial Support for New House of Sports Project
The sporting goods retailer is looking to convert a 200,000-square-foot former Sears anchor space at the Orland Square shopping center, in a Chicago suburb, which has been empty since 2018.
EXEC: Wall Street Remains Skeptical of Any Nike Recovery in Fiscal Q4
Analysts expect Nike, Inc. will meet or exceed conservative guidance when it reports earnings for the fiscal fourth quarter ended May 31 on Thursday evening, June 24; however, results will again be well below year-ago levels.
EXEC: Switchback Spring 2025 Through the Eyes of the Industry
Sights and sounds from the inaugural Switchback Spring event in Nashville, Tennessee, featuring photos from show attendees, exhibitors and Outdoor Industry Association.
Eastside Golf Expands Into Australia and New Zealand with New Distribution Deal
The brand’s regional debut includes a soft launch of its Core collection. TheFall 2025 collection will be its first full seasonal prebook in the market, supported by a curated group of golf, streetwear and lifestyle retailers.
JD Sports Opens First Canadian Flagship
The Robson Street store is JD’s first exterior street-front location in Canada and features the largest LED display in JD’s Canadian footprint, a DJ booth, and shop-in-shops for Nike, New Balance and Adidas brands.
Dick’s SG Sees Strong Response to Foot Locker Debt Exchange Offer
The retailer reported that 92.5 percent of Foot Locker’s note holders have agreed to exchange their debt for Dick’s notes as part of an early tender offer. The debt swap supports the retailer’s acquisition of Foot Locker.
Castore Partners with English Rugby Club Leicester Tigers
The deal will see the British sportswear brand providing the club with player kits, training wear and athleisure for the men’s, women’s, wheelchair, and academy squads. Castori will launch its first range of products for the Leicester Tigers this August, ahead of the new season.
EXEC: Bain Study Sees Luxury Sector Facing Soft Second Half
Luxury consumption is expected to contract 2 percent to 5 percent for the year, according to a recent report from Bain & Company, across key luxury categories, as price fatigue and macroeconomic turbulence continue to weigh on consumers
EXEC: Switchback Spring Brings Energy Back to a National Outdoor Show
While energy was high and attitude was positive, the show, unfortunately, did not escape the usual backroom banter and aisle talk about the venue’s few shortcomings, particularly about timing. Diversified will need to be cautious about whom they listen to and the motives of those pushing in each direction, as the outdoor industry risks a déjà vu event with this new potential gem.
Nike Board Member Plans to Retire from Board
Cathleen Benko, a former leader in Deloitte’s “Digital Giants” practice, plans to retire as a member of Nike’s Board of Directors, effective as of the company’s 2025 annual meeting of shareholders.
Fanatics Establishes Operations in the Middle East
The Middle East office in Doha, Qatar will serve as a hub for operations across the Fanatics enterprise and host members from various departments.
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