SGB Update Apparel
Dick’s SG Becomes Official Sporting Goods Retail Partner Of The WNBA
The Women’s National Basketball Association (WNBA) announced that Dick’s Sporting Goods has been named an Official Marketing Partner of the league beginning in 2021. Through this new multiyear agreement, Dick’s Sporting Goods will become the Official Sporting Goods Retail Partner of the WNBA.
Under Armour Countersues UCLA In Sponsorship Rift
Under Armour Inc. has filed a countersuit three weeks after a Los Angeles Superior Court judge refused to dismiss UCLA’s $200 million lawsuit against Under Armour.
Nike Named World’s Most Marketable Brand In Sport For 2021
Nike again earned the top spot in SportsPro’s second annual list of the World’s 50 Most Marketable (50MM) Brands powered by Hookit. Adidas came second in the standings. Emirates, Santander and Red Bull rounded out the top five.
Amer Sports Announces Retirement Of Salomon VP / Atomic GM
Amer Sports announced that Mike Adams is retiring after 45 years in the snowsports industry and more than 25 years with Amer Sports.
Nike Compensation/Benefits VP Joins Walmart
Kim Lupo, formerly Nike’s VP, global total rewards, operations & people analytics, has joined Walmart as senior vice president of total global rewards.
Gap Inc. Launches New Fulfillment Capabilities Ahead Of Holiday Season
Gap Inc. said it invested more than $100 million supporting the expansion of fulfillment centers in Phoenix, AZ and Gallatin, TN.
Former Lululemon CFO Joins Chico’s FAS
Chico’s FAS Inc. announced that Patrick Guido, former EVP and CFO at Lululemon, has been appointed chief financial officer.
Lyle & Scott Hires Sales Manager To Lead U.S. Launch
Lyle & Scott, the golf fashion brand based in Hawick, Scotland, has hired Wayne Webster as national sales manager as it launches in the U.S.
Fanatics Partners With The Dallas Cowboys
Fanatics and The Dallas Cowboys announced an exclusive, ten-year merchandise partnership that will see Fanatics open and operate an online and mobile commerce platform for the team.
BN3TH Recruits New Marketing Director
Underwear brand BN3TH has hired Zach Boon as marketing director.
Patagonia To Develop And Scale Circular Solutions In Textiles
Patagonia announced it is collaborating with Natural Fiber Welding Inc. (NFW) to develop and scale circular solutions in textiles.
Deloitte: Holiday Retail Sales Expected to Increase 7-9 Percent
Holiday retail sales are likely to increase between 7 percent and 9 percent in 2021, according to Deloitte’s annual holiday retail forecast. Deloitte also forecasts that e-commerce sales will grow by 11 percent to 15 percent, year-over-year.
Grailed Raises $60M In Funding, Led By Goat Group
Grailed, the online marketplace for luxury streetwear and vintage fashion, raised $60 million in a Series B funding round. The funding was led by fellow resale player Goat Group and with participation from Groupe Artémis, along with existing investors Thrive Capital and Index Ventures.
August Retail Sales Rise Despite Headwinds
Retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending, the National Retail Federation said.
On Surges In IPO Debut
On’s shares shot up 46 percent in its first day of trading on the New York Stock Exchange. The offering for the Swiss running footwear had been priced at $24.00 per share and closed Wednesday at $35.
