The Woolmark Company has hired Backbone Media to manage the company’s U.S. public relations activity in the sports and outdoor arena.
Category: Apparel
Innovation Fueling Broad-Based Momentum For Nike
While Nike Digital led the way with a 34 percent gain on a currency-neutral in the first quarter, Nike Brand’s amplified focus on innovation is “at the heart of our continued momentum right now,” Mark Parker, CEO, said on the company’s conference call with analysts.
North America Growth Accelerates For Nike
An acceleration of growth in North America, double-digit gains overseas, and continued over-sized online gains drove Nike Inc.’s earnings ahead 14.9 percent in the first quarter ended August 31–exceeding internal expectations and Wall Street’s targets. Revenues grew 9 percent on a currency-neutral basis.
Timberland Hosts 21st Annual Serv-a-Palooza
Timberland is hosting the company’s annual Serv-a-Palooza volunteer initiative in more than 19 countries throughout the months of September and October. Timberland employees, partners and community members will address community-based needs around the globe from the company’s headquarters in Stratham, NH to Milan, Hong Kong, Mexico City and beyond.
Everlast Launches New Global Ad Campaign
Everlast launched new global campaign, “‘Be First,” that challenges individuals to carve their own path to success, featuring heavyweight champion of the world Deontay Wilder, 12-year-old Phenom Jesselyn Silva and more.
New Zealand’s Kathmandu Sees 12 Percent Revenue Gain In Fiscal Year
Kathmandu Holdings Limited, the New Zealand and Australia-based outdoor retailer that recently-acquired the Oboz footwear brand, reported net earnings rose 32.9 percent in the year ended July 31 on an 117 percent revenue gain.
Fabletics Collection To Benefit MindUP
Fabletics, the active-lifestyle brand co-founded by Kate Hudson in 2013, announced the first partnership between Hudson and her mother, actress Goldie Hawn, to launch a global capsule collection in support of The Goldie Hawn Foundation’s MindUP.
Moody’s Upgrades G-III Apparel Debt Ratings
Moody’s Investors Service upgraded G-III Apparel Group Ltd.’s senior secured term loan to Ba3 from B1, and the company’s speculative grade liquidity rating to SGL-2 from SGL-3. At the same time, Moody’s affirmed the company’s Ba3 corporate family rating (CFR) and Ba3-PD probability of default Rating (PDR). The ratings outlook is stable.
Perry Ellis Files Investor Presentation In Connection With Feldenkreis Transaction
Perry Ellis International Inc. in a regulatory filing urged shareholders to approve the acquisition led by George Feldenkreis at special shareholder meeting in October.
Nike’s Momentum Continues In Q1
Nike Inc. reported double-digit revenue growth in the first quarter ended August 31. The performance was driven by the continued success of the Consumer Direct Offense, which fueled growth across all geographies as well as wholesale and Nike Direct, led by digital.
Target Decorated Apparel Appoints President
Target Decorated Apparel, a leading contract decorator for the promotional products and retail industries, announced that Kevin Schardt has been appointed president. Schardt will assume the role previously filled by Target Decorated Apparel owner and chairman, Steve Kanney.
Nordstrom To Reopen Doors At Mall Of San Juan
Retailer Nordstrom Inc. on Tuesday announced plans to reopen the company’s store at the Mall of San Juan in Puerto Rico. Closed since fall 2018 as a result of severe damage from Hurricane Maria, the two-story, 138,000-square-foot store will open again to customers on Friday, November 9, 2018.
Unifi Appoints Helen M. Sahi Vice President, Global Corporate Sustainability
Unifi Inc. on Tuesday announced the appointment of Helen M. Sahi as vice president, global corporate sustainability, effective September 17.
Under Armour Appoints Two To Senior Management Team
Under Armour Inc. on Tuesday announced two new additions to the company’s senior management team with the appointments of Alessandro de Pestel as chief marketing officer and Ann Funai as senior vice president, engineering.
Sears’ CEO Urges Broad Debt Restructuring
Sears Holdings Corp CEO Eddie Lampert’s hedge fund in a regulatory filing called on Sears’ board to sell $1.5 billion more in real estate and restructure $1.1 billion in debt in order to stave off a bankruptcy filing.
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