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Category: Apparel

OrthoLite Launches New Marketing Campaign
The marketing campaign, The Secret Inside, was based on research that validated the importance of the insole as well as the value on branded components to consumers.
Modell’s To Open Three Stores
Locations will open in Manhattan at 51st & 3rd, as well as Bloomfield and Cherry Hill, NJ.

Finish Line Writes Off JackRabbit, Confirms Sale Process
Finish Line Inc. will take a goodwill impairment charge in its third quarter of $44 million to write off its struggling run specialty business.

Finish Line Confirms JackRabbit On Sales Block
Finish Line has hired Peter J. Solomon Company LLC to explore a sale and will take a $44 million goodwill impairment charge in the third quarter.

Dick’s Sporting Goods Raises Outlook On Strong Q3
Dick’s Sporting Goods raised its guidance after it reported third-quarter results that easily exceeded earnings and comp expectations. The performance was driven by a 5.2-percent comp sales increase and gross margin expansion.
Formula4 Media To Launch Sportstyle Show
Formula4 Media is launching a Sportstyle Show in the Fort Lauderdale Convention Center from June 14-16, 2017.
Delta Apparel’s Q4 Impacted By Tax Charge
The lack of an extra week of sales, coupled with the unfavorable impact of tax expense in this year’s quarter compared to a tax benefit in the prior-year period, lowered diluted earnings by approximately 15 cents per share.

Nike Signs Supermodel Bella Hadid
The 20-year-old will star in the brand’s #NewYorkMade campaign to highlight Nike’s new five-story store in lower Manhattan.
Dick’s Opens First Former Sports Authority Locations
Re-opening celebrations in former Sports Authority stores are set for Elk Grove, CA; Seattle, WA; and West El Paso, TX.

Gildan Makes A Play For Fashion With American Apparel Bid
With no plan to acquire any of American Apparel’s retail operations out of bankruptcy, Gildan will explore repositioning the brand as a wholesale business.
Björn Borg Sports Apparel To Outfit Biographic Film
Swedish sports apparel company Björn Borg, named after the tennis legend, will see its clothing featured in a new biographic film, Borg, about the namesake athlete.

Gildan Activewear Agrees To Acquire American Apparel
The $66 million acquisition is expected to further increase the brand’s penetration in the faster-growing fashion basics segments in its printwear business while wholesale opportunities will also be explored.
Mizuno’s Sales Slide In Fiscal Six Months
The overall earnings decline reflected the challenges in the Americas region as well as the impact of currency fluctuations, official said.

Outdoor Retailer Backwoods Files For Bankruptcy
With 10 locations across Texas, Oklahoma, Kansas and Colorado, the retailer faced declining sales amid competition from online and big-box stores as well as pressure from a slew of other bankruptcies in the space.