Optimism Grows For Limited China Trade Deal

With the 13th round of U.S.-China trade negotiations set to begin Thursday in Washington, both sides are reportedly considering an “interim” deal that would suspend planned further U.S. tariffs in exchange for additional purchases of American farm products.

JackRabbit To Acquire Olympia Sports

JackRabbit, the running chain owned by affiliates of CriticalPoint Capital (CPC), announced the acquisition of certain assets and liabilities, including the online presence and the “Olympia Sports” brand from Olympia Sports. JackRabbit will be retaining about half of Olympia Sports’ locations and plans to continue to operate the banner.

Nike And Lululemon Score High In Piper Jaffray’s Teen Survey

Piper Jaffray’s  38th semi-annual Taking Stock With Teens survey shows Nike gaining share within its No. 1 rank and Lululemon hitting a new survey high as the No. 7 preferred apparel brand. Within footwear, Crocs also achieved a new survey record as the 7th preferred footwear brand, behind Birkenstock.

Umbro Extends South America License

Iconix Brand Group, Inc. announced a ten-year extension of Umbro’s licensing agreement with long-time partner Grupo Dass. The renewal gives Grupo Dass the continued license to design, manufacture and distribute Umbro performance and lifestyle apparel, footwear and equipment in Brazil, Argentina and Paraguay through 2035.

Sequential Brands Group Explores Strategic Options

Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, announced that Karen Murray, its CEO, has stepped down. The company has engaged Stifel to review strategic alternatives, including the sale of certain brands.