New Era Considering Closing Derby, NY Plant

New Era Cap Co., which is headquartered in Buffalo, said it is considering closing its manufacturing plant in Derby, NY, effective March 2019. A total of 219 jobs will be impacted. The plant represents New Era’s only headwear-manufacturing facility in the U.S.

Roth Capital Partners Releases 2018-2019 Millennial Survey

Investment bank Roth Capital Partners has released the company’s 2018-2019 Millennial Survey, its seventh annual proprietary survey examining current trends, spending patterns and favorite brands across five consumer categories including dining and restaurants; healthy food, beverage and snacking; fitness and wellness; infant, juvenile and pet; and, fashion, personal care and décor.

New Iconix CEO Seeks More Global Approach

Noting that the majority of the company’s 29 brands “have more mindshare than closet share,” Bob Galvin in his first conference call as president and CEO of Iconix Brand Group Inc. promised to push collaboration among licensing partners in a more unified approach. Unfortunately, a bad debt charge from Sears’ bankruptcy stalled progress in the latest quarter.

Nike NYC To Debut In November

In a blog entry discussing the importance of brick & mortar stores in connecting with consumers, Heidi O’Neill, president of Nike Direct, said the new Nike NYC flagship will be opening in New York City this month.

Pac-12 And Nike Set Multi-Year Partnership

The Pac-12 Conference announced a multi-year partnership with Nike to make Nike the official athletic apparel partner and athletic footwear partner of the Conference and all Pac-12 championship events, including the Pac-12 Football Championship Game and both the Pac-12 Men’s and Women’s Basketball Tournaments.

Champion To Partner With RMU Esports Program

Robert Morris University-Illinois Associate Director of Esports, Jose Espin, announced an exclusive sponsorship agreement with Champion, a Hanesbrands subsidiary, making the North Carolina-based company the official apparel sponsor for the Eagles 2019-20 competition season.

Nike And Adidas Among Top Singles Day Sellers

Singles Day, essentially China’s Black Friday, on Sunday again broke records as Alibaba racked up more than $30.8 billion in the 24-hour shopping event, up nearly 27 percent year-on-year. Nike and Adidas were among the 237 brands seeing more than RMB100 million ($14.4 million) in sales for Alibaba on the day.