SGB Today Apparel

Linksoul Releases Kids Collection

Linksoul, the golf gear and apparel manufacturer, launched into kidswear with its Linksoul Kids Capsule Collection. 

Arcade Belts x TGR Drop Limited-Edition Belts

Performance stretch belt company Arcade Belt partnered with Teton Gravity Research (TGR), the lifestyle brand in action sports media, on two limited edition belts.

Cocona Labs Joins The Conservation Alliance

Cocona Labs reported it joined The Conservation Alliance, with its member dues “directly supporting grassroots conservation efforts and advocating for protected areas.”

UYN Opens Academy for Research and Engineering

Italy’s Unleash Your Nature (UYN) a Trerè Innovation company, officially opened its 38,000-square-foot Academy for Research and Engineering in Apparel and Sport (AREAS) adjacent to its global headquarters in Asola.

Sportsman’s Warehouse Acquisition Close To Clearing Hurdles

According to a regulatory filing, the statutory waiting period for regulatory approval of Bass Pro’s acquisition of  Sportsman’s Warehouse is scheduled to expire on February 5, 2021, although it may be extended by the Antitrust Division or the FTC.

Belk’s Debt Downgraded Over Missed Interest Payment

S&P Global Ratings lowered the debt ratings of Belk Inc. as the department store chain missed the interest payment due on its second-lien term loan and the scheduled amortization payment due on its first-lien term loan.

PGA Tour Superstore Achieves Record Sales For 2020

PGA Tour Superstore plans to open at least six new stores in 2021, reaching the 50-store milestone by the end of the year. The company also reported record comp-store sales growth while gaining market share for fiscal 2020 despite its brick & mortar doors being closed for nearly two months.

Belk Plans Bankruptcy Filing To Restructure Debt

On Tuesday afternoon Belk said it plans to file for Chapter 11 bankruptcy protection to complete a debt-for-equity exchange designed to reduce its debt load by $450 million. Suppliers are expected to be unimpaired.