SGB Update Apparel

Kinona Announces New Hires And New Retail Partnerships

Kinona announced it has hired Kirsten Wlaschin as director of e-commerce and Bill Evans as national sales manager. The golf apparel company also announced a new retail expansion into Nordstrom.com and Dillard’s.

ASB Sports Rebrands As Game One

ASB Sports, the Holland, OH-based team dealer, announced a rebrand under the name, Game One, that will consolidate its eight-owned dealers.

Mizuno Posts Record Profits In Nine Months

Mizuno Corp. said its operating profits reached their highest levels in the nine months through December 31 since quarterly disclosure started in FY08. Sales rose 17.0 percent in the period, led by the Americas and EMEA.

Delta Apparel Reports Record First Quarter Results

Delta Apparel, Inc. reported earnings more than tripled in the first quarter ended January 1 as sales grew 17 percent. Sales increased 16 percent in the Delta Group segment and  24 percent at Salt Life.

Gore-Tex Launches Outerwear On Demand

Gore-Tex has launched a performance apparel rental program. The company’s Outerwear on Demand service offers customers in North America a rental option for its snowsports apparel at 15 resorts and retail locations.

Blue Water Acquires Yogi Bear’s Jellystone Park In Kentucky

Blue Water, a Maryland-based company, specializing in the development and management of campgrounds, hotels, and attractions, announced it had acquired Yogi Bear’s Jellystone Park at Mammoth Cave in Kentucky to continue its partnership with the Jellystone Park brand.

Fleet Feet Adds Two Stores In Texas

Fleet Feet announced it is opening two stores in McAllen and Georgetown, TX, respectively, and and will increase its store count in the state to 26 stores.

Nike Sues StockX Over NFTs

Nike has filed a lawsuit in the Southern District Court of New York against StockX, accusing the sneaker resale marketplace of using Nike’s trademarks without authorization to market and sell non-fungible tokens (NFTs).

Solo Brands Announces CFO Transition Plan

Solo Brands, Inc. announced that Chief Financial Officer Sam Simmons would begin transitioning from Solo Brands this year. Simmons will remain in the role until a successor is named and then support the transition. 

Reports: Amazon And Nike Exploring Bids For Peloton

Amazon and Nike are reportedly exploring separate bids for Peloton, the beleaguered leader in internet-connected at-home bikes and treadmills. Peloton’s shares were trading up more than 30 percent in after-hours trading.

Nike Becomes Equity Investor In The WNBA

Nike, Inc. announced it had become an equity investor in the WNBA (Women’s National Basketball Association), following its 25-year commitment to the league. The WNBA overall raised $75 million from investors.