SGB Update Apparel
Finisterre Opens First North American Retail Location
The retail storefront, in partnership with Maine Surfers Union in Portland, ME, is expected to spearhead the brand’s global retail expansion into North America.
Delta Apparel to Shutter DTG2Go Operations, Eliminates 115 Jobs
As part of the DTG2Go Exit Plan, Delta announced that it has permanently ceased production operations related to all DTG2Go manufacturing effective June 13, reducing the number of company employees by approximately 115.
Centric Brands Inks Global Licensing Partnership with Messi Brand
The product categories will offer a diverse range of styles that embody the Lionel Messi brand, featuring men’s, women’s and kid’s categories, including apparel, outerwear.
JCPenney Invests $40 Million in Supply Chain Upgrades
As part of the retailer’s self-funded $1 billion reinvestment strategy announced last year, the centerpiece of the upgrade is implementing the Joey Pouch sorting system at its distribution center in Reno, NV.
Nordstrom Rack to Open Location in Tarzana, California
Nordstrom, Inc. announced plans to open a new Nordstrom Rack in Tarzana, California in fall 2024. The store will mark Rack’s 65th store in California.
Retail Sales in May Weaker Than Forecasted
Retail sales increased slower than expected in May versus the prior month, as high interest rates and inflation pressured consumer spending.
Authentic Appoints General Manager of Africa
Authentic Brands Group appointed of Warren Bowers as general manager. Bowers’ previous roles include managing director at Bounty Brands and senior retail director at Adidas.
Saucony Names Chief Marketing Officer
Joy Allen-Altimare joins the company as global CMO, effective immediately. Most recently, she was the chief revenue officer of North America for Havas Media Network.
Rally House Opens Second Colorado Location
Rally House has opened its second storefront in Colorado with Rally House Alcove on Arapahoe in Boulder.
Bass Pro Sets To Open In Grand Prairie, TX
The store will mark the 15th Bass Pro Shops location in Texas and fifth in the Dallas metro area.
EVent Fabrics Names Marketing and Branding Manager
EVent Fabrics hired Shannon Walton as marketing and branding manager. Previously, Walton represented industry brands as a partner with The Walton Works agency and as a PR and marketing manager for Schoeller Textil, Inc., USA, for ten years.
Kith Opens Kids Flagship Store in Dumbo
Kith opened a Kith Kids flagship store in the historic Dumbo neighborhood of Brooklyn, marking the second Kith Kids flagship and the third Kith flagship in Brooklyn.
Xponential Fitness Appoints Former Adidas NA President as CEO
Mark King, the former president of Adidas North America, was hired as Xponential Fitness’ new CEO. He will also join the company’s Board of Directors.
Adidas Investigating China Corruption Allegations
Adidas received an anonymous letter indicating potential compliance violations in China and is “intensively investigating this matter with external legal counsel.
Piper Sandler Bolsters Consumer Equity Research Team
Anna Andreeva will join the New York office and is responsible for footwear, softlines and global brand analysis. Andreeva began her career in equity research at J.P. Morgan, where she was part of the number one-ranked Institutional Investor team covering specialty retail.
