SGB Update Apparel

Lululemon Investors Vote In Board Nominees After Founder Truce
Former Levi Strauss CEO Chip Bergh, Unilever executive Esi Eggleston Bracey and finance veteran Teri List were elected to the board at the company’s annual meeting, according to an 8-K regulatory filing from Lululemon.

Moody’s Upgrades Amer Sports Revolver Rating on Debt Reduction
The upgrade of the senior secured revolving credit facility rating to Baa3 from Ba1 reflects debt repayment and the “resulting improvement in recovery prospects for the revolver, supported by lower secured debt in the capital structure,” according to Moody’s.

StockX Expands to Used Sneakers and Vintage Apparel
StockX is expanding into the secondhand market by launching StockX Listings, enabling users to buy and sell used sneakers and vintage apparel. The platform had previously restricted sales to brand-new or unused items for its entire 10-year history.
L2 Brands Acquires National Parks-Inspired Wild Tribute
L2 Brands acquired Wild Tribute, the maker of graphic tees, hoodies and hats honoring America’s National Parks and public lands. The financial terms of the transaction were not disclosed.

S&S Activewear Rebrands to S&S
The wholesale distributor of blank apparel, headwear and accessories said it retired “Activewear” from its name to reflect the broader range of products, services and solutions it offers today.

Report: Vuori Aims to Double Store Count by 2030, Targets China
The California-based activewear brand plans to double its global store count to over 300 by the end of 2030, with a significant focus on the Chinese market, Ashley Kechter, president, told The Wall Street Journal.

NFHS Names COO Davis Whitfield to Succeed CEO Karissa Niehoff
Whitfield has served as the organization’s COO for the past 11 years. As COO of the NFHS, he reportedly helped lead the organization’s 37-member national office staff in supporting the 51-member state high school associations.

Nike, Inc. Will Report FY Tariff Rebates; Names New CFO as Matt Friend Plans Departure
Effective August 17, new EVP and CFO David Denton will lead Nike’s global finance organization. The company also reported Tuesday that results reported next week will now include a benefit from tariff refunds that was not contemplated in the company’s previously provided guidance.

Switchback: Spring 2027 Show Shifts to May Dates in New Orleans
Diversified Communications plans to hold Switchback Spring, its outdoor-themed trade show, from May 22 to May 24 in 2027 after holding it from June 16 to June 18 this year. The event will again be held in New Orleans, Louisiana.

Kantar Brand Sustainability Perception Report Has Adidas and TNF Tops Among Active Brands
Adidas ranked third out of 2,160 global brands on Kantar’s inaugural Sustainability Consumer-led Brand Ranking 2026 report in a reading of its reputation for sustainability. Other brands in the active lifestyle space landing among the top-20 ranking include The North Face, 11; Veja, 16; and Nike, 17.

L.L. Bean to Open Store in North Dakota
L.L. Bean plans to open a store at West Acres, a shopping center in Fargo, ND.

Halfdays to Move to Larger Denver Headquarters
The women’s ski and outdoor apparel upstart backed in part by DSG Ventures signed a five-year lease to move into new quarters in Denver’s LoDo neighborhood.

True Religion Snags Skechers Vet Kristen Jones as VP of Retail, Sees 61 Doors by Year-End
Jones joins True Religion from Skechers, where she served for nearly nine years and managed over 300 stores as director of sales and operations. Prior to joining Skechers, Jones served in a variety of roles across a portfolio of well-known retailers including Target, Ross Stores, and Levi’s.

Dick’s SG Opens Rotating Pop-Up in the Hamptons
Dick’s Sporting Goods is opening a rotating pop-up store this summer in East Hampton, NY, highlighting four of its in-house brands: Walter Hagen, Maxfli, Calia and DSG.

Bass Pro Readies Opening for Store in Sayreville, New Jersey
Bass Pro Shops reported plans to open a 200,000-square-foot Outdoor World location in Sayreville, NJ, this fall. The store will be the largest single-level Bass Pro Shops location in the U.S. and mark its second store in New York’s Tri-State Region.









