Work Wear Safety Shoes, based in Forth Worth, TX, announced that the company had acquired Lubbok, TX-based business, My Boot Store, to expand its offering in West Texas.
Category: Apparel
Moncler Appoints Chief Brand Officer
Moncler announced the appointment of Gino Fisanotti in the newly created position of Moncler chief brand officer, effective June 7. Most recently, he served as Nike’s first brand creative officer.
Hibbett Sports To Open Stores In Richmond And Tallahassee
Hibbett Sports plans to open a Hibbett Sports location in Richmond, VA and City Gear in Tallahassee, FL.
Dick’s Sporting Goods Announces Grand Opening Of Seven Stores
Dick’s Sporting Goods announced the grand opening of seven new locations, including its second Dick’s House of Sport in Knoxville, TN on June 4, one relocated Dick’s Sporting Goods, two newly redesigned Golf Galaxy locations and three Warehouse Sale locations.
Sequential Brands Delays Quarterly Report Filing
Sequential Brands said in a regulatory filing that its ongoing strategic review and related matters have resulted in a delay with finalizing its financial statements.
L. L. Bean Family Honored By Maine Historical Society
Maine Historical Society honored the L. L. Bean Family with its 2021 Maine History Maker Award.
Hibbett Sports Blows Past Wall Street’s Targets In Q1
Hibbett Sports significantly hiked its full-year guidance after reporting sales and earnings in the first quarter ended May 1 came in well ahead of Wall Street’s estimates. Mike Longo, CEO, said, “New customer retention, improved store level engagement, government stimulus, and access to coveted brand name products contributed to our comparable sales growth of 87.3 percent.”
RIA To Host In-Person Industry Event In September
The Running Industry Association (RIA) announced it would host an in-person industry event, Runchella, in Denver from September 27-29.
TJX Cos. Reinstates Share Repurchase Program
The TJX Cos. Inc. announced that its Board of Directors has reinstated its share repurchase program. TJX also announced the declaration of a quarterly dividend on its common stock of 26 cents per share.
Athleta Sees Sales Surge In Q1
Gap Inc. reported that Athleta’s net sales in the first quarter were up 56 percent versus 2019. Comparable sales grew 27 percent year-over-year and 46 percent versus 2019.
Under Armour Enters Into Exchange Agreements With Noteholders
Under Armour Inc. announced that it has entered into exchange agreements with certain holders of its 1.50 percent Convertible Senior Notes due 2024.
Burlington Stores Sees Q1 Same-Store Sales Climb 20 Percent
Burlington Stores Inc. reported earnings more than doubled in the first quarter as same-store sales grew 20 percent.
Report: Authentic Brands Confidentially Files For IPO
Authentic Brands Group (ABG), which owns a number of fashion and sports brands, has reportedly filed confidentially for an initial public offering.
Fanatics Opens Paris Saint-Germain Store In Los Angeles
Paris Saint-Germain in partnership with Fanatics has become the first European football club to open a permanent retail store in the United States.
Kering Sells 5.9 Percent Stake In Puma
French luxury goods group Kering announced plans to sell a 5.9 percent stake in Puma via a placement to investors.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal