Higg Updates Eco-Disclosure Product Module For Apparel And Footwear
The Sustainable Apparel Coalition (SAC) along with its technology partner Higg, launched the first phase of a transparency program for publicly sharing data on a product’s environmental impact, starting with its materials content.
NRF Calls On White House To Address Port Congestion Challenges
The National Retail Federation delivered a letter to the White House asking to meet with President Biden and other top administration officials regarding the challenges retailers are facing from continued supply chain disruptions that are leading to congestion at U.S. ports.
Poshmark Announces CFO Transition
Poshmark announced that CFO Anan Kashyap would step down after five years with the company.
Happy Socks Appoints U.S. County Manager
Happy Socks hired Kelly Barton as USA country manager. Barton was previously director of marketing and merchandising for BabyBjörn leading its North American business.
Saks Appoints NBA All-Star To Board
Saks has appointed NBA All-Star, entrepreneur and investor, James Harden, as an independent member of its Board. Harden also made a minority investment in the retailer.
Report: Lululemon Sets Up Portland Footwear Office
Lululemon has leased a 28,000 square feet in office space in Portland, OR to support its planned footwear launch later this year, according to Portland Business Journal.
Hibbett Sports Opens Second San Francisco Bay Area Store
Hibbett Sports announced the opening of the newest Hibbett Sports in Richmond, CA.
HanesBrands Appoints Board Member
HanesBrands announced that William Simon has been appointed to the company’s board of directors. Simon was the former president and CEO of Walmart U.S..
Youngstown State University Signs Deal With Nike and BSN Sports
Youngstown State University entered a five-year contract with BSN Sports to provide all of YSU’s teams with Nike apparel on game days.
Founder Sport Group Appoints VP Business Development And Bookstore Channel
Founder Sport Group announced that Todd Lamb had joined the company as vice president, Business Development and Bookstore Channel. In this newly created role, Lamb will identify and pursue new revenue opportunities, expand existing customer partnerships and direct the bookstore channel for the business.
Iconix Plans To Go Private
Iconix Brand Group Inc. announced it has entered into a definitive agreement and plan of merger to be acquired by Iconix Acquisition Corp., an affiliate of Lancer Capital, LLC, in an all-cash transaction that values Iconix at approximately $585 million, including net-debt.
Yue Yuen’s Sales Gain 6 Percent In May
Yue Yuen’s consolidated operating revenue reached $737.0 million in May, up 6.4 percent against $692.6 million a year ago.
Renfro Brands Acquired By The Renco Group
Renfro Brands, the sock manufacturer, announced new ownership with the private holding company, The Renco Group, Inc. Renfro’s brand portfolio includes Fruit of the Loom, Dr. Scholl’s, Merrell, Copper Defense, Smartwool, Hot Sox, and K. Bell.
Adidas Invests In Finnish Sustainable Fiber Firm Spinnova
Adidas is investing €3 million ($3.65m) in Spinnova, a Finnish brand that makes textile fiber out of agricultural waste.
Jack Wolfskin Appoints New Footwear President
Jack Wolfskin appointed Selim Say, former director of product and merchandising EMEA at Keen, to the newly-created position of vice president footwear.
