Apparel Product

Amazon Freezes Corporate Hiring In Retail Segment

Oct 4, 2022SGB Updates

Amazon has halted all corporate hiring for its retail business through the end of 2022, according to an internal announcement obtained by The New York Times. (Read More)

REI To Permanently Close On Black Friday

Oct 4, 2022SGB Updates

REI Co-op announced it would permanently close all its stores, including its distribution centers, activity centers, call centers, and headquarters on Black Friday; however, it is accepting customer online orders at REI.com, with order processing and fulfillment not beginning until the day after Black Friday. (Read More)

Academy Sports Opens New Store In Indiana

Oct 4, 2022SGB Updates

Academy Sports + Outdoors will officially open a new store in Jeffersonville, IN, located at 1600 Veterans Pkwy, in the Jeffersonville Town Center, on October 7. (Read More)

South Korea’s Naver To Buy Poshmark For $1.2 billion

Oct 4, 2022SGB Updates

South Korean Internet giant Naver agreed to acquire Poshmark, the U.S.-based online resale platform, for roughly $1.2 billion. Naver is paying $17.90 per share in the all-cash deal. Poshmark closed Monday at $15.57. (Read More)

Dickies Names Senior Director, Global Growth And Performance Marketing

Oct 4, 2022SGB Updates

Dickies hired Justin Bones as senior director of global growth and performance marketing to oversee its North America marketing, strategy, planning, and execution for new customer acquisition and retention. (Read More)

NRF Report: Consumers Continue To Spend Despite Inflationary Worries

Oct 3, 2022SGB Updates

Consumers continue to worry about high inflation and the Federal Reserve interest rate hikes intended to bring inflation down, but neither has stopped them from spending, according to the National Retail Federation Chief Economist Jack Kleinhenz. (Read More)

Obit: Dan Wieden, Co-Founder, Wieden + Kennedy

Oct 3, 2022SGB Updates

Dan Wieden, the Co-Founder of Wieden + Kennedy who coined Nike's phrase, "Just do it," passed away at the age of 77. (Read More)

NPD Survey: Economy Concerns Weigh On Holiday Spending

Oct 3, 2022SGB Updates

NPD, which recently merged with Information Resources, Inc. (IRI), reported that 29 percent of U.S. consumers would spend less this holiday season due to increased economic negativity and personal finances, following its recent holiday purchase intentions consumer survey. (Read More)

Amazon Freezes Corporate Hiring In Retail Segment

REI To Permanently Close On Black Friday

Academy Sports Opens New Store In Indiana

South Korea’s Naver To Buy Poshmark For $1.2 billion

Dickies Names Senior Director, Global Growth And Performance Marketing

NRF Report: Consumers Continue To Spend Despite Inflationary Worries

Obit: Dan Wieden, Co-Founder, Wieden + Kennedy

NPD Survey: Economy Concerns Weigh On Holiday Spending

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