SGB Update Apparel

Walmart Plans 650 U.S. Remodels In 2026, Adding 20 New Stores

The remodels will feature wider aisles, updated displays, expanded assortments, and new digital touchpoints. The stores will also feature refreshed interiors and exteriors, modern signage, and improved parking and landscaping.

New Balance Promotes Tracy Knauer to SVP, North America

Knauer most recently served as VP of North America marketing, e-commerce and consumer analytics. Knauer has been with New Balance for over 20 years in roles spanning across marketing, product, sales and DTC operations.

Patagonia Appoints Director of Marketing and Impact for EMEA

Patagonia appointed Amanda Calder-Mclaren, formerly at The North Face, as its new senior director of marketing and impact for Europe, the Middle East and Africa (EMEA) to bring together Patagonia’s marketing and impact work.

On Brand Opens First Boston Store

On Holding announced the formal opening of its first retail store in Boston’s Back Bay neighborhood. The store marks the Swiss running brand’s 15th store in the U.S. and 70th store worldwide.

Amer Sports’s Debt Ratings Affirmed Following Debt Repayment

S&P Global Ratings affirmed the ‘BBB-‘ long-term issuer credit rating on Amer Sports following the repayment of $720 million in senior secured notes. S&P said its stable outlook reflects its view that Amer Sports will maintain a strong operating performance, with adjusted debt to EBITDA comfortably below 1.5x over 2026 and 2027.

March Retail Sales Climb Again as Tax Refunds Offset Rising Gas Prices

Retail sales rose again in March as consumers received higher-than-usual tax refunds that offset higher gasoline prices, according to the CNBC/NRF Retail Monitor. Total retail sales, excluding automobile dealers and gasoline stations, were up 0.4 percent seasonally adjusted month-over-month and up 6.59 percent unadjusted year-over-year.

Backcountry Establishes Incubator Fund, Acquires Coalatree

Outdoor online retailer Backcountry.com announced the launch of Backcountry Garage, a brand incubator platform, with Coalatree, a Utah-based eco-minded gear and apparel brand, marking its first acquisition. JM Fabrizi, president of Coalatree, becomes director of Backcountry Garage.

Dick’s House of Sport to Open in Sarasota

Dick’s Sporting Goods plans to open a House of Sport location in Sarasota, becoming the experiential concept’s fourth location in the state of Florida and the first on the Suncoast.