Frasers Group, the owner of Sports Direct, EMS and Bob’s Stores in the U.S., said Mike Ashley would step down as CEO next year. He will be succeeded by Michael Murray, who is head of elevation at Fraser Group.
Category: Apparel
Academy Sports Appoints Board Member
Academy Sports and Outdoors Inc. appointed Sharen J. Turney to its Board of Directors, its Compensation Committee and its Nominating and Governance Committee.
Delta Apparel Achieves All-Time Record Third Quarter Earnings
Delta Apparel Inc. reported a profit against a year-ago loss in the third quarter ended July 3 as sales jumped 65.3 percent.
Adidas North America Appoints New President
Adidas said Rupert Campbell will succeed Zion Armstrong as president Adidas North America, effective January 1, 2022.
Chaos/CTR Strengthens Partnership With Head2Toe Sourcing
Chaos/CTR announced plans to continue working with Head2Toe Sourcing as its sales agency of record in Southern California, Arizona and Southern Nevada.
Rally House Debuts Sooners Flagship Store
Rally House is opening its second store in Oklahoma. Its newest location is in Norman, OK.
Carhartt Appoints SVP Of Global Product Supply And Operations
Carhartt announced the promotion of Danilo Amoretty to the newly created role of senior vice president of global product supply and operations.
The Buckle’s July Sales Expand 34 Percent
The Buckle Inc. announced that total net sales for the 4-week fiscal month ended July 31, 2021 increased 33.8 percent to $93.7 million.
HanesBrands Announces Strong Second-Quarter 2021 Results
HanesBrands Inc. announced results for the second quarter of 2021, with increased sales, operating profit and cash flow driven by strong performance across its global innerwear and activewear businesses. Activewear sales grew $236 million, or 140 percent over prior year driven by growth in both the Champion and Hanes brands.
Gildan Activewear Sees Sales Rebound In Q2
Gildan Activewear reported sales in the second quarter rose 225 percent over last year and were down approximately 7 percent from record second-quarter 2019 sales. Earnings topped Wall Street’s targets. The gains came despite supply chain constraints.
Nautica Partners With MS Apparel
Nautica, owned by Authentic Brands Group (ABG), has partnered with MS Apparel to introduce Nautica Angler, a new line of fishing and outdoor apparel.
Adidas Increases Full-Year Outlook As Top-Line Momentum Accelerates
Adidas AG said it now expects sales to expand up to 20 percent for 2021 after reporting currency-neutral sales grew 55 percent in the second quarter. Currency-neutral sales gains of 99 percent in EMEA and 87 percent in North North America helped offset a decline of 16 percent in Greater China.
The Athlete’s Foot Sees 40 Percent First-Half Gain
For the first half of 2021, The Athlete’s Foot (TAF) reported a strong retail sales growth of above 40 percent. Also, Intersports International Corporation (IIC) and Arklyz Group AG (Arklyz) announced the successful closing of the deal to sell 100 percent of the global TAF business to Arklyz, owner of Intersocks, on July 30, 2021.
Unifi Announces Robust Fourth Quarter And Fiscal 2021 Results
Unifi Inc. reported a profit against a loss in the fourth quarter ended June 27 as sales more than doubled.
Former Nike Marketing Manager Sentenced In Scheme To Defraud Company
A former marketing manager at Nike, Inc. was sentenced to more than two-and-a-half years in federal prison today for perpetrating a scheme to defraud his former employer and a childhood friend, according to a press release from Oregon’s U.S. Attorney’s Office.
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