SGB Update Apparel

Lululemon Adds Board Member

Lululemon Athletica, Inc. said Isabel Ge Mahe had joined its Board of Directors, effective immediately. Ge Mahe is vice president and managing director of Greater China for Apple.

Puma And Foot Locker Expand Partnership

Puma and Foot Locker, Inc. have extended their long-standing partnership through collection and marketing collaborations with a refocus on basketball and to reach younger consumers.

Nike’s Chief DEI Officer Exits

Nike’s chief diversity, equity and inclusion (DEI) officer, Jarvis Sam, has exited Nike after only five months in the post, according to a report from Business Insider.

Dillard’s Sees Q3 Profits Slip

Dillard’s Inc. reported a slight decline in earnings in the third quarter as a gross margin decline offset 3 percent same-store sales growth.

KMD Brands Adds Director

KMD Brands, Ltd., the parent of Kathmandu, Rip Curl and Oboz, announced that it had completed the process to hire an additional non-executive director to its Board. Zion Armstrong, former president of Adidas North America, agreed to join the company as a non-executive director, effective December 1, 2022.

SportChek’s Sales Dip In Third Quarter

Canadian Tire Inc. reported SportChek’s retail sales were down 1.5 percent in the third quarter with comparable sales down 1.0 percent over the same period last year.

BEA Report Confirms Strong Recovery For Outdoor Recreation Industry

Inflation-adjusted GDP for the outdoor recreation economy increased 18.9 percent in 2021, compared with a 5.9 percent increase for the overall U.S. economy, reflecting a rebound in outdoor recreation after the decrease of 21.6 percent in 2020, according to new analysis released by the U.S. Bureau of Economic Analysis (BEA).