SGB Executive Apparel

EXEC: Lululemon Opens Massive Distribution Center in Ontario

Lululemon Athletica, Inc. opened a new distribution center spanning over one million square feet in Brampton, Ontario to support fulfillment of the retailer’s e-commerce business across Eastern Canada and the Eastern United States.

EXEC: RevolutionRace to Acquire Icaniwill (ICIW)  

RevolutionRace parent RVRC Holding AB has agreed to acquire 90.1 percent of Swedish sportswear brand Icaniwill (ICIW) for SEK 700 million ($72.0 mm). For the twelve months ended June 30, ICIW reported estimated net revenues of SEK 470 million, representing a compound annual growth rate (CAGR) of approximately 37 percent since 2019.

EXEC: Grassroots President Sees Outdoor Specialty in Best Shape Since Pandemic

In a LinkedIn post, Gabe Maier, president of Grassroots Outdoor Alliance, shared financials from the association’s retail members for 2025 and the first five months of 2026, showing that the independent outdoor specialty channel has recovered from the inventory corrections of 2023 and 2024 and appears to be outperforming big-box chains.

EXEC: Coresight Research Highlights Athleisure as Top Back-To-School Trend

Coresight Research’s “U.S. Back to School 2026” survey identifies Athleisure as the leading fashion trend for the 2026 BTS season, with 37.6 percent of parents citing it as the trend they are most excited about for their school-age kids. Similar to last year, Nike and Adidas lead BTS apparel brand preferences, with Old Navy, Levi’s and Under Armour rounding out the Top 5 most sought-after apparel brands.