During its new CEO Kasper Rorsted’s first analyst day, Adidas AG set a goal to expand sales in North America by 47 percent by 2020.
Category: Apparel

Event Fabrics Is Now A Bluesign System Partner
Said Chris Ferraro, general manager for Event fabrics, “Becoming a Bluesign system partner is one of many steps we are taking to continually improve our sustainability practices, streamline operations and bring innovative membrane solutions to the market.”

Top Of The World Launches First E-Commerce Site
Top of the World launched its first e-commerce website tied to hot-market sales of March Madness gear.
Neiman Marcus Exploring Sale
Neiman Marcus Group Ltd. said it was exploring a sale of the company while reporting net loss after charges in its second quarter ended January 28.

Gander Mountain Details Liquidity Crisis
In an affidavit urging the U.S. Bankruptcy Court District Of Minnesota to support its financing needs, Gander Mountain indicated that it has accumulated “substantial operating losses over the past two fiscal years” as a result of many of the challenges faced by other chains entering bankruptcy proceedings over the last year.

Royal Robbins Joins The Conservation Alliance
“Environmental safekeeping is the foundation of our brand and we are proud to support the Conversation Alliance and its mission to protect wild habitats,” said Royal Robbins CEO Michael Millenacker.

Toad&Co Honors Developmental Disabilities Awareness Month
The outdoor apparel brand is donating all the profits from graphic tees and tanks during March 2017.

Fjällräven Appoints Mid-Atlantic And Southeast Sales Agencies
Fjällräven appointed Brandywine River Reps and The Praelia Group to lead strategic growth in the Mid-Atlantic and Southeast regions.

Tilly’s Shares Slide On Weak Outlook
Said Ed Thomas, president and CEO, “We made progress but need to keep finding ways to drive sales and improve profitability in the absence of significant store growth.”

Textile Exchange, NSF International To Create One Global Down Standard
The single down standard will combine and improve the attributes from each of the current standards, which will result in best practices that respect the treatment of birds throughout the down supply chain.
Bermuda Sands Hires Sales Representative
Shelia Bishop will be the first exclusive sales representative for the performance apparel manufacturer.

Skechers Performance Extends Partnership With LA Marathon
“We are proud to remain the title sponsor of the Los Angeles Marathon, especially since it is our local race and held in this incredible city, where we started Skechers back in 1992,” said Michael Greenberg, president, Skechers USA Inc.
Nearly Half Of Today’s High School Athletes Specialize In One Sport
A new study presented at the 2017 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS), found that 45 percent of high school athletes specialize in just one sport, two years earlier than current collegiate and professional athletes say they did.
TIA To Present Tennis Industry Innovation Challenge
During the 60-minute Innovation Challenge competition, six companies will present their innovative tennis product or service to a panel of judges and an audience of tennis industry leaders and facility owners and managers.
Moody’s: U.S. Apparel And Footwear Companies Remain Challenged
“Without Nike, which accounts for almost half of Moody’s-rated US apparel and footwear industry operating profit, growth would be flat this year,” said Moody’s Assistant Vice President, Mike Zuccaro.