SGB Update Apparel
Reebok Forms Strategic Partnership With Foot Locker
Authentic Brands Group (ABG) announced a new and enhanced partnership with Foot Locker, Inc. for the Reebok brand within the United States. This includes the exclusivity of basketball shoes from Allen Iverson and Shaquille O’Neal.
Signa Sports United Appoints VP Of Bike, North America
Signa Sports United announced the appointment of Hap Seliga, a founder, executive and advisor in the cycling industry, as head of its North American bike operations.
SportChek’s Same-Store Sales Climb 15.9 Percent
Canadian Tire Corporation reported retail sales at its SportChek segment were up 5.8 percent in the fourth quarter while comparable sales grew 15.9 percent.
Tommy John Nets New Investor, Board Members
Comfort-focused lifestyle brand Tommy John announced that Manny Chirico and David Landau of LNK Partners have joined the brand’s Board of Directors as part of the private equity firm’s minority investment in the company.
January Retail Sales Overcome Omicron And Inflation To Show Strong Gains
Retail sales powered through COVID-19’s Omicron variant, inflation and other challenges to post strong increases in January, the National Retail Federation said.
Imperial Headwear Announces VP Of Golf Sales
Imperial Headwear announced John Anderson’s hire as the company’s new vice president, golf sales.
Bemis Makes Major Investment In Novoloop
Bemis Associates Inc., a maker of plastic film used for adhesives, has made a major investment in plastic upcycling technology company Novoloop.
Kohl’s Plans 400 Additional Sephora At Kohl’s Shops
Kohl’s Inc. announced the list of the 400 stores that will be adding Sephora at Kohl’s shops this year. The addition of 400 stores brings the Sephora at Kohl’s location total to 600 and puts the partnership on track to meet its 850 store goal by 2023.
Kathmandu Shows Improving Trend In Second Quarter
Kathmandu Holdings Ltd provided an update for its first half through January 31. Sales at the Kathmandu chain rebounded in the second quarter, and Rip Curl improved modestly while Oboz is being impacted by supply chain disruption.
Hanesbrands’ Debt Ratings Affirmed By S&P
S&P Global Ratings affirmed its debt ratings for Hanesbrands due the company’s recovery from the pandemic while upgrading its forecasts to account for higher global growth of the company’s key brand, Champion.
Exhibitors Threaten To Boycott Outdoor Retailer Show If It Returns To Utah
A conservation group and two dozen outdoor recreation companies, including Patagonia, REI and The North Face, announced Monday that they would boycott the Outdoor Retailer trade show if it moved from Denver, CO back to Salt Lake City, UT. The group accused Utah’s leaders of trying to remove protections for national monuments and public lands.
Asics North America Notches First Annual Profit Since 2017
Asics North America (ANA) announced that it generated the region’s first operating profit in 2021 since 2017. ANA, which includes the United States, Canada and Mexico, also showed a near double-digit quarterly increase year-over-year in the fourth quarter, marking its fourth consecutive quarter of growth.
Organic Cotton Accelerator Joins Sustainable Apparel Coalition
The Organic Cotton Accelerator (OCA) announced that it has joined the Sustainable Apparel Coalition (SAC) to support its commitment to a collaborative sector approach and promote organic cotton’s potential for positive impact on people and the planet.
Scheels Debuts Its First Super Bowl Commercial
During last night’s Superbowl, Scheels debuted its first television ad with a 30-second spot that aired in all Scheel’s markets, and a longer 90-second spot is now showing on its website.
URBN Appoints New CEO Of Urban Outfitters Chain And Free People Group
Urban Outfitters, Inc. appointed Francis Pierrel as global chief executive officer of Urban Outfitters and the Free People Group. The company also reported fourth-quarter sales grew 14 percent.
