SGB Update Apparel
Brooks’ Q3 Revenues Climb 24 Percent
Brooks’ Running reported revenue rose 24 percent year over year in the third quarter and is ahead 43.5 percent in the nine months. The brand warned that’s being impacted by supply chain disruptions.
5.11 Announces Filing For IPO
5.11 ABR Corp., a Compass Diversified (CODI) subsidiary, announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
Retail Imports Near Record Pace Despite Port Congestion
Imports at the nation’s congested container ports are expected to remain at near-record levels for the remainder of the year as retailers rush to move merchandise from docks to shelves in time to meet the expectations of holiday shoppers, according to the monthly Global Port Tracker report released by the National Retail Federation.
Asics North America Delivers Double-Digit Growth In Q3
Asics said that for a third consecutive quarter, its North America region experienced a double-digit quarterly sales increase year-over-year.
S&S Activewear To Acquire TSC Apparel
S&S Activewear, based in Bolingbrook, IL, has signed a definitive agreement to acquire competitor TSC Apparel, marking S&S’s fourth acquisition since 2010.
Adidas Scores High For ESG
S&P Global Ratings said that it has assigned Adidas AG an ESG Evaluation of 85.
Pacsun Opens First Pacsun Kids Location
Pacsun has opened its first Pacsun Kids store at Mall of America.
Arc’teryx Opens First Store In NYC With Rebird Service Center
Arc’teryx opened its first NYC retail store with ReBird Service Center at 547 Broadway on November 6, 2021, with over 8,000 square feet.
Fleet Feet To Acquire JackRabbit
Fleet Feet, the largest franchisor of locally owned and operated running stores, announced that it has agreed to acquire JackRabbit, the second-largest running specialty retailer in the U.S., from affiliates of CriticalPoint Capital.
Canada Goose Posts Surprise Profit, Lifts Fiscal 2022 Outlook
Canada Goose Holdings Inc. reported a profit in the second quarter ended September 26, beating Wall Street’s targets that had been calling for a loss. Total revenue increased by 19.6 percent and 40.3 percent excluding year-ago PPE sales.
REI Sets Opening Date For First Store In Maine
REI Co-op is opening its first store in Maine on November 12. The store is located in the Rock Row Development in Westbrook and covers 24,000 square feet of space.
The Buckle’s October Comps Climb 23 Percent
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended October 30, 2021 increased 23.3 percent from comparable store net sales for the 4-week period ended October 31, 2020.
Puma Opens North American Headquarters
Puma announced it has officially opened its North American headquarters at Assembly Row in Somerville, MA, bringing together approximately 450 employees from its two former offices in Boston and Westford, MA.
Filson Expands Partnership With WP Lavori To European Markets
WP Lavori, located in Corso, Italy, was named distributor and licensee of European markets for Filson, the U.S. outdoor outfitter and apparel manufacturer. In addition to distribution and licensing beginning in March 2020, WP Lavori invested a 10 percent share in Filson.
Gildan Activewear’s Q3 Sales Jump 33 Percent
Gildan Activewear Inc. reported significant earnings improvement in the third quarter ended October 3. Record third-quarter sales of $802 million, was up 33 percent over the prior year and 8 percent over Q3 2019 .
