SGB Executive Apparel

EXEC: New Era on Growth Path as Annual Sales Surpass $2 Billion

At the company’s ICR presentation last week in Orlando, Florida, company Co-President Jim Patterson and CFO Kevin Wilson also revealed the Buffalo, New York-based brand is generating solid profitability with EBITDA margins running above 20 percent.

EXEC: Chip Wilson Scorches LULU Board Over “Get Low” Issue

The founder of Lululemon took to LinkedIn on Wednesday, January 21 to suggest (in no uncertain terms) that Lululemon is falling short as a leader in technical apparel. The move comes amid a pending proxy fight over the election of Board members and a new CEO.

EXEC: Moncler S.p.A. Names Leo Rangone as Next Company CEO

The parent of the Moncler and Stone Island luxury apparel brands has named Leo Rongone, currently CEO of Bottega Veneta, as Group CEO for Moncler S.p.A., effective April 1, 2026. Current Board Chairman and CEO Remo Ruffini will move to a new role as executive chairman.

EXEC: Footasylum Plans New Store in Leeds, England

The footwear and sportswear omni-channel retail company said the 12,000-square-foot store in Leeds, England, follows the “strong performance of its former store at The Core shopping centre and last year’s successful pop-up at Trinity Leeds.”

EXEC: Tacoma’s HatStop Files for Bankruptcy Protection

HatStop, a family-owned fanwear chain based in Tacoma, WA, filed for Chapter 11 bankruptcy protection to reorganize its business and continue operating. The company blamed the filing on over-expansion and a rapid slowdown in sales as the COVID pandemic subsided.

EXEC: REI’s CEO Discusses “Unique Challenges” Facing the Co-Op

At a session at the NRF Big Show in New York City, Mary Beth Laughton, president of REI, talked about the retailer’s many “unique assets,” citing its co-op structure, outdoor mission and “green vests” in-store associates, but also the “unique challenges” that are behind its “Peak 28: Ascending Together” three-year transformation.

EXEC: VF Brand Presidents for “Big 3” Brands Talk Transformation

At a keynote session at the NRF Big Show, the global brand presidents of VF Corp’s top brands — Sun Choe, Vans; Nina Flood, Timberland; and Caroline Brown, The North Face — discussed the playbooks they are using to transform their brands to revive or accelerate growth.

EXEC: Fanatics Still Finding Sizable Growth Opportunities in Fan Gear  

During a keynote session at the National Retail Federation: Retail’s Big Show, Fanatics’ founder and CEO, Michael Rubin, said the company now controls about one-third of the global market for sports fan merchandise, with significant opportunities to gain a greater share, particularly internationally.