Perry Ellis International Inc. announced that the company filed a definitive proxy statement with the Securities and Exchange Commission in connection with the Feldenkreis transaction and commenced mailing the proxy statement to shareholders.
Category: Apparel
Nike To Sell On Walmart’s Jet.com
Walmart-owned Jet.com will start offering Nike product in October ahead of the holiday season as part of a relaunch focused on urban dwellers. Converse will also be available.
Jordan Brand Partners With Paris Saint-Germain
Nike said the Jordan Brand launched its first collection with a football club, Paris Saint-Germain. The collection will feature over 90 performance, training and lifestyle products. The Jordan Brand this season will also make the company’s UEFA Champions League debut.
Nike Looks To Take Off On Jet.com
Showing a reduced queasiness around selling across online platforms, Nike Inc. formed a strategic relationship to sell the Nike brand as well as Converse directly on Walmart’s Jet.com website. The move follows Nike’s surprise move last year to start selling product directly on Amazon.com.
PGA Tour Superstore Brings Personalization To Website
PGA Tour Superstore has launched a new e-commerce store that enables customers to discover products, get recommendations and trends based on their interests and buy right from their phones or tablets.
Tariff ‘Wild Card’ Threatens Retail Imports
With retail sales continuing to grow, imports at the nation’s major retail container ports are expected to remain strong this month after setting three new records this summer, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
JackRabbit Acquires Rhythm Running, To Open Two Stores
Back in expansion mode, JackRabbit announced the company has completed the acquisition of Nashville-based Rhythm Running. In addition, the company is opening two new stores in Houston, TX, and Tampa, FL.
The Path to $5 Billion: Vans Unveils Roadmap For Lofty Goal
The numbers that the Vans leadership presented at Wednesday morning’s investor meeting in Costa Mesa, CA, were staggering relative to the company’s current financial snapshot of $3 billion in annual revenue for fiscal 2018. The footwear and apparel brand expects to generate compounded annual growth rate (CAGR) of 10 percent to 12 percent each year over the next five years to reach $5 billion in annual revenue by 2023. Here’s how the company plans to do it.
What Would Anta’s Merger Mean For Amer Sports?
“What’s Anta Sports?” was among the questions heard from more than a few market observers after news arrived Tuesday that the Chinese sports powerhouse had made an all-cash offer to acquire Amer Sports. But Anta has spelled out the company’s ambitions to become a global superpower in sporting goods and is ideally-positioned to attack major growth opportunities in the company’s home market.
JBL Extends NBA Partnership
JBL renewed the company’s multi-year relationship with the NBA and expanded the company’s footprint among players and teams.
Macy’s To Hire 80,000 Seasonal Employees In 2018
Macy’s Inc. on Wednesday announced plans to hire approximately 80,000 seasonal colleagues for positions at the company’s Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2018 holiday season. Macy’s anticipates a strong and successful holiday shopping season.
Prana Partners With Jam Collective
Prana, which is owned by Columbia Sportswear, named Jam Collective as the company’s public relations agency of record.
Vans Brand Targets $5 Billion In Revenue By 2023
Vans, owned by VF Corp, plan to grow revenue by $2 billion to reach $5 billion by fiscal year 2023, representing growth between 10 and 12 percent over the five-year period. VF officials will detail Vans’ growth plans at an investor meeting being held Wednesday at Vans’ Costa Mesa headquarters.
Sports Direct’s Chairman Keith Hellawell To Step Down
Sports Direct said Keith Hellawell plans to step down as chairman and as a director of the company, having served since November 2009. Senior Independent Non-Executive Director Simon Bentley has retired as a director.
Report: Adidas To Re-Up Naomi Osaka In Mega-Deal
Adidas is planning to sign a record-breaking endorsement deal with U.S. open champion Naomi Osaka, according to The Times.
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