SGB Update Apparel

Liberated Brands Acquires Captain Fin

Liberated Brands, the master licensee for Volcom and Spyder, announced it officially closed on acquiring Captain Fin Co., the surf brand.

Unifi Makes Leadership And Board Changes

Unifi, the maker of Repreve, appointed General Counsel and Corporate Secretary Greg Sigmon as an executive officer, realigned its leadership in Brazil, announced the retirement of a board member, and repurchased 500,000 shares of its common stock.

Saysh Closes $8 Million Series A Round Led By IRIS, Athleta

Saysh, the lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced its Series A round closed at $8 million, led by specialist consumer fund IRIS and Gap Inc.’s activewear brand Athleta.

Amazon Prime Day 2022 Begins July 12

Amazon’s annual shopping event, Amazon Prime Day, will officially kick off at 3AM ET / 12AM PT on Tuesday, July 12th, and run through Wednesday, July 13th, the company announced on Thursday

Fleet Feet To Acquire Marathon Sports

Fleet Feet, the franchisor of locally-owned and operated running stores in the U.S., announced that it has agreed to acquire New England-based running retailer Marathon Sports and its soundRunner and Runner’s Alley brands. 

Polygiene Group Hires New CFO

Polygiene Group, the maker of antimicrobial technologies and odor control solutions based in Sweeden, has appointed Niklas Blomstedt as its chief financial officer, succeeding current CFO Nina Forsvall.

Nike And Apple Team Up On Sports Content

Apple has finalized a multi-year first-look feature deal to develop and produce sports films with Nike-owned studio Waffle Iron Entertainment for the Apple TV+ streaming service. 

May Retail Sales Unexpectedly Decline Amid Inflationary Pressures

Retail sales fell 0.3 percent in May from the prior month, the Commerce Department said Wednesday. Economists surveyed by Refinitiv expected sales to rise 0.2 percent. May marked a slowdown from the gain of 0.7 percent in April and the first decline in retail sales in five months.

Nike Concept Store Opens In Hong Kong

UAE retailer GMG announced the opening of a new Nike concept store in Hong Kong. The store is located in the East Point City shopping mall in the Hang Tau district.

Mountainsmith Expands With Three New Hires

Mountainsmith, the Colorado-based gear manufacturer specializing in hiking and camping, announced it appointed Kipp Godfrey as a sales and service rep, Lora Buboltz as an e-commerce marketplace manager and Nirveek Shah as a graphic designer.