William Murray Golf, a golf apparel company owned by actor and comedian Bill Murray and his six brothers, have leased an office space at 1308 E. Seventh St., Austin, TX.
Category: Apparel
U.S. Polo Assn. Named Official Apparel Sponsor Of China Open Polo Tournament
USPA Global Licensing Inc. (USPAGL), the official licensing arm and broadcaster of the United States Polo Association (USPA), along with its China licensing partner, Yicai Brands Management, announced that U.S. Polo Assn. will be the official apparel sponsor of the 2018 China Open Polo Tournament.

Brooks Offers Runners Incentives For Twin Cities Marathon
Brooks Running Company is inviting marathoners and 10 milers to participate in the “Outrun Yourself Challenge,” which encourages runners to strive for a new goal. Runners who improve their overall race time from 2017 will be awarded for their accomplishment with prizes including Brooks gear and entry into the 2019 Medtronic Twin Cities Marathon.
Boulder Cycle Sport Merges With Boulder Nordic Sport
Boulder Cycle Sport and Boulder Nordic Sport, two Boulder-based retail leaders, announced the merger of their business operations.

Moody’s Downgrades Academy’s Debt Ratings
The downgrade of the term loan reflects the company’s lower estimated recovery rate as a result of the recent asset-based revolver upsize. At the same time, the affirmation of the CFR and PDR reflects Moody’s view that while leverage is likely to remain elevated, Academy’s good liquidity provides the company with flexibility to turn around its operating performance.

Nike Celebrates Tiger Woods First Win In Five Years
Nike released some clever imagery honoring Tiger Woods and his victory at the recent PGA Tour Championship, his first PGA event win since 2013.

Stifel’s Inaugural Athletic Survey Shows Positive Spending Intentions
Stifel’s inaugural Athletic Apparel and Footwear Consumer Survey points to higher spending intentions for both athletic apparel and footwear in the next six months. Nike not surprisingly ranked as the preferred athletic brand across footwear and apparel categories but Under Armour, Adidas, Champion, New Balance, Vans, The North Face and Skechers are all resonating with key constituencies.

Retail Reports Roundup
Studies arrived last week including Nike dominating apparel brands’ preferences, mixed views on social commerce, AI benefits to supply-chain efficiency, wide-ranging checkout opportunities and free delivery’s expanding appeal as well as another merry holiday forecast.
Farfetch Soars In IPO Debut
Shares of Farfetch, the London-based luxury online marketplace, jumped more than 50 percent in the company’s initial public offering debut Friday.
Asics Funds Five Startups Under Tenkan-Ten Inititiatve
Asics announced five start-ups to benefit from Tenkan-Ten, the growth catalyst program for businesses disrupting the sports and wellbeing sector. It is a part of the company’s recently launched new business and innovations division.
Asics Listed On Dow Jones Sustainability Asia/Pacific Index
Asics Corporation has been selected for the fourth time as a component company of the Dow Jones Sustainability Asia/Pacific Index. The Dow Jones Sustainability Indices (DJSI) are a series of globally-recognized Socially Responsible Investment (SRI) indices.
Varsity Brands Launches Fourth Annual School Spirit Awards
Varsity Brands announced the launch of the company’s 2019 Varsity Brands School Spirit Awards, a national awards program celebrating student achievement in America’s high schools. Officially commencing today on National School Spirit Day, the Varsity Brands School Spirit Awards invites high schools nationwide to participate in National School Spirit Day by hosting on-campus pep rallies and sharing their school spirit on social media.

Reima’s Successful U.S. Debut Has Kidswear Brand Eyeing More Growth
Reima, a Finland-based maker of functional kidswear, debuted in the U.S. about a year ago, and the stateside expansion has been a successful one thanks to landing some premium retailers and successfully building brand awareness, according to Matti Lehtovirta, international sales director, who shared some company updates this week with SGB via email.

Founder Sport Group Snaps Up Teamwork Athletic Apparel
SGB talked to John Anton, CEO of Founder Sport Group, formerly Badger Sportswear, about what attracted the company to Teamwork Athletic Apparel, what changes can be expected and consolidation opportunities in the team uniform space.

Aisle Talk Week of September 17
Top headlines from the active lifestyle industry you may have missed this week, including sales growth at Gregory Mountain Products and High Sierra helping Samsonite International S.A.’s financial performance in the six months ended June 30.