SGB Update Apparel

Dick’s SG to Open First House of Sport in Colorado
Dick’s Sporting Goods plans to open its first House of Sport store in Thornton, CO. Dick’s plans to open 14 House of Sports stores in 2026 and 18 next year.

Tersus Solutions Expands Denver Footprint, Makes Leadership Additions
Tersus Solutions reported in a media release that it is “entering its next phase of growth, with an additional facility on its Denver campus dedicated solely to footwear, a new Topo Designs partnership and an enhanced leadership team.”

Ahead Appoints Sales Rep for British Columbia
Ahead appointed Jason Flynn as sales representative for British Columbia. He has over 25 years of sales experience, including working at Stanley 1913, Stony and Chubbies.

G-III Apparel Lifts FY Outlook as Q1 Tops Targets
G-III Apparel Group, Ltd. posted a loss in the first quarter ended April as sales declined 8 percent due to the termination of its Calvin Klein and Tommy Hilfiger wholesale licenses. However, results exceeded plan, and G-III raised its earnings guidance for the year.

EXEC: Equip Strengthens Leadership to Support Next Growth Phase
Rob Maynard, previously chief financial officer, has been appointed chief operating officer, leading buying and sourcing, inventory and analytics, and IT and systems. Richard Pinner, formerly VP of Sourcing and Product Development at Pentland Brands, succeeds Matt Bingham, who leaves the company this month after 12 years of service.

8AM Golf Invests in Members-Only Golf Brand Redan
Co-founded by Jon Buscemi, Andrew Pavoni, and Daniel Libman, Redan functions as a “fashion house” rooted in golf, offering members access to Italian-made apparel, curated golf-course experiences and a travel concierge.

Lululemon Shares Fall After Weak Q2 Forecast
The company experienced a solid start to 2026, with net revenue increasing 4 percent, but LULU shares were down ~10 percent in after-hours trading on Thursday, June 4, after the company issued its Q2 revenue guidance, which came in 5.1 percent below analysts’ estimates.

Zumiez Delivers 4.0 Percent Comp Growth in Q1
Zumiez, Inc. delivered comp gains in the mid-single digits for the second consecutive year in the first quarter ended May 2. Sales came in just above guidance, but the loss for the quarter was at the lower end of guidance.

Nike Opens First Store in Luxembourg
Nike opened its first store in Luxembourg, in the Cloche d’Or Shopping Center in Luxembourg City, which will serve as a “meeting place for sports enthusiasts.”

EXEC: UK’s Crew Clothing Opens Shop at Voisins Department Store in New Jersey
British lifestyle brand Crew Clothing opened a new retail space within Voisins Department Store in New Jersey, featuring a men’s section with heritage rugby shirts, polos, Oxford shirts, and knitwear.

The Buckle’s May Comps Climb 2 Percent
The Buckle, Inc. reported that comparable-store net sales for the 4-week period ended May 30 increased 2.2 percent year-over-year. Net sales gained 4.5 percent to $92.4 million from $88.4 million a year ago.

PVH Corp. Sees FY Outlook Impacted by Middle East Conflict
PVH Corp. reported first-quarter results that topped expectations, with revenues expanding 3 percent at Tommy Hilfiger and 1 percent at Calvin Klein. The company slightly lowered its sales outlook for the year due to the challenging macro environment on its EMEA business, partly due to the Middle East conflict.

Tilly’s Q1 Comps Surge 23 Percent, Loss Shrinks
Tilly’s, Inc. significantly reduced its loss in the first quarter ended May 2 as same-store sales grew 22.9 percent. Results arrived slightly ahead of expectations, and the action sports-themed chain forecasted same-store gains between 6 percent and 10 percent for the second quarter.

Switchback Adds Three Outdoor Industry Pros to Event Management Rosters
The sister event to The Running Event (TRE) focused on outdoor industry business and education has added Joe Jackson as marketing manager, while Amelia Arvesen has been named editor of Trailheads, and Ryan Nettleton joins as sales manager.

Mountain Equipment and Bridgedale North America Distributor Names Brand Manager
Outdoor & Sports Company promoted Anna Nikolaus to brand manager, a newly created role, overseeing sales and marketing for both brands across the U.S. and Canada. Bill Supple will move into a senior advisor capacity at the end of June.









