SGB Update Apparel

REI Appoints Chief Diversity And Social Impact Officer

REI Co-op announced that Wilma Wallace has been promoted to chief diversity and social impact officer, effective immediately. Wallace has served as the retailer’s general counsel and corporate secretary since 2017.

NPD Report: Golf Equipment Sales Surge Through August

Golf equipment dollar sales grew by 37 percent from January through August 2021 compared to the same period a year ago, reported The NPD Group. Year-over-year sales of golf club sets and balls grew by 37 percent and 27 percent, respectively. 

Puma’s CEO Sees Potential To Double Revenues

In an interview with the German-language Handelsblatt newspaper, Bjorn Gulden, Puma’s chief executive, said the sports brand has the potential to double its sales to more than €10 billion to $11.5 billion in the long term.

Run Show USA Event To Be Held In Los Angeles

Raccoon Events announced its third Run Show USA venue has been confirmed for September 24-25 2022, at the Los Angeles Convention Center in Southern California. This is following the launch of its Run Show USA in Boston and Chicago.

Foot Locker Launches Senior Notes Offering

Foot Locker Inc. is launching a private offering of $400 million in aggregate principal amount of its senior notes due 2029. Foot Locker intends to use the net proceeds from this offering for general corporate purposes.

Vuori To Open Fashion Island Store

Women’s and men’s performance wear brand Vuori will open the retail doors of its latest Southern California store on October 8.

Gap Closes Note Offering

Gap, Inc. announced it has closed its previously announced offering of $1.5 billion of senior notes.

Paul & Shark Partners With Danilo Gallinari

Paul & Shark announced that professional basketball player, Danilo Gallinari has joined national soccer team head coach Roberto Mancini and Formula 1 driver Antonio Giovinazzi as official ambassadors for the Italian luxury sportswear brand.

Chrome Industries Appoints President

Chrome Industries announced that Timothy Leedom has been named as the brand’s new president. Leedom most recently served as CEO for Bern Helmets.