SGB Update Apparel
Patagonia Recalls Infant Capilene Midweight Base Layer Sets
About 8,000 Patagonia Infant Capilene Midweight Base Layer Sets are being recalled due to a choking hazard.
SGB Media Reports Most-Read Stories, Key Metrics For February 2023
SGB Media posted another strong month in February 2023, with total pageviews rising 15 percent to over 164,000 pageviews for the shortest month of the year. SGBonline.com generated over 1.7 million pageviews for the trailing 12-month period ended February 28.
Sun & Ski Sports To Open Second Store In Utah
Sun & Ski Sports reported it plans to open a store in Salt Lake City following the recent opening of its first store in Park City, UT.
Moody’s Assigns B1 To Topgolf Callaway’s New Term Loan
Moody’s Investors Service assigned a B1 rating to the company’s new senior secured term loan B. The rating agency said Topgolf Callaway plans to simplify its existing capital structure by refinancing and combining its term debt at Topgolf Callaway and Topgolf International, Inc.
Ross Stores Opens 19 New Locations
Ross Stores, Inc. opened 11 Ross Dress For Less and eight dd’s Discounts stores in 13 states in February and March. Both chains expanded into existing markets, including California, Texas and Florida.
Costco Reports 7 Percent Comp Gain In Fiscal Second Quarter
Costco Wholesale Corp. reported profits rose 12.9 percent in the second quarter ended February 12 as same-store sales on an adjusted basis grew 6.8 percent.
Cleveland’s REI Workers Vote To Unionize
Workers at an REI store near Cleveland voted 27 to 12 in favor of unionizing on Friday, becoming the co-op’s third store to unionize.
Bob’s Store Opens In Watchung
Bob’s Stores relocated from its Springfield, NJ location to Watchung, NJ. The 20,000-square-foot space is located at 1501 U.S. 22.
Fanatics Partners With Australian Football League
Fanatics reached an agreement to become the exclusive retail and merchandising partner of the Australian Football League.
Half-Moon Outfitters Acquired By Shoe Show
Half-Moon Outfitters, the outdoor retailer based in Charleston, SC, has been acquired by Shoe Show Inc.
Amer Sports’ Debt Ratings Upgraded
Moody’s Investors Service upgraded Amer Sports Holding 1 Oy’s debt ratings due to the company’s healthy sales and earnings improvement in 2022 and overall improving performance over the pandemic. Sales grew 22 percent currency-neutral in 2022, led by China.
Adidas Extends Deal With Union Berlin Until 2030
Union Berlin extended its kit deal with Adidas prematurely with the new deal expiring in 2030.
Helly Hansen Recalls Workwear For Failing To Meet Flammability Standards
Helly Hansen, in compliance with the U.S. Consumer Product Safety Commission and Health Canada, recalled 12 adult workwear sweatshirts and hoodies for failing to meet flammability standards.
Bealls, Inc. Appoints New Company President
Bealls, Inc. promoted Tianne Doyle to president. Doyle joined Bealls in 1991 and has held leadership positions across the company, rising to EVP and chief merchandise officer in 2020.
Academy Sports And Outdoors Ups Quarterly Dividend By 20 Percent
Academy Sports + Outdoors, Inc.’s board of directors has declared a cash dividend with respect to the fiscal quarter ended January 28, 2023 of 9 cents per share of common stock of the company, a 20 percent increase from the previous quarterly dividend payment.
