SGB Update Apparel

Norrøna Invests In The U.S.; Adds Three Sales Agencies
Norrøna has strengthened its U.S. sales with the addition of agencies Summit Sales NW in the Pacific Northwest, Black Dog Sales Group in the Rocky Mountains and Intermountain West and Bluebird Sales Group in the Northeast.

Athleta Launches E-Commerce In Canada
Athleta, owned by Gap Inc., launched e-commerce in Canada. Athleta first announced its expansion into Canada in April as part of its growth plan to reach $2 billion in net sales by 2023.

Public Lands Announces Initial Conservation Partners
Public Lands, the outdoors-themed retailer from Dick’s Sporting Goods, announced the creation of The Public Lands Fund and partnerships with ten environmental nonprofit organizations.

Flip Raises $28 Million Series A Round
Flip, the Los Angeles-based social commerce app, announced that it closed a $28 million Series A round led by Streamlined Ventures, a Silicon Valley-based early-stage investment firm.
NPD Report: Equipment Sales In U.S. Sports Specialty Market Grow In First Half 2021
NPD Group reported that equipment sales at sports specialty retail grew by 23 percent in the first half of 2021, compared to the same pre-pandemic period in 2019.

Avid Apparel Secures Investment
Avid Apparel announced that it has secured an investment from Alignvest Management Corporation in partnership with EGADS Group.
Former Adidas Brand Chief Launching Sustainable Streetwear Brand
Eric Liedtke, who formerly led global brands at Adidas, is launching a zero-waste, zero-plastic streetwear brand called Unless, according to Business Of Fashion.

WHP Global Acquires Lotto
WHP Global has acquired the global trademarks for the Italian sports brand Lotto. Lotto Sport Italia S.p.A. (LSI) and its current leadership team, including CEO Andrea Tomat, will continue to operate the Lotto brand in the core markets of Italy, Europe, the Middle East, and Africa.

OvareGroup Outdoor Appoints President
The OvareGroup, based in Los Angeles, hired retail veteran Kara Anastasiadis as president of the newly formed OvareGroup Outdoor division.

Macy’s Appoints General Business Manager Of Apparel
Macy’s appointed Sam Archibald as general business manager of apparel. Archibald recently served as president of retail/outlets, North America, for Calvin Klein.
Gildan Publishes Lastest ESG Report
Gildan Activewear Inc. announced the publication of its 17th Environmental, Social and Governance (ESG) report. The 2020 ESG Report outlines its approach and commitment to ESG, the company’s 2020 performance results and key priorities to continuing its vision of Making Apparel Better.

Court Judge Rejects Under Armour’s Request To Dismiss UCLA Lawsuit
A Los Angeles Superior Court judge rejected Under Armour’s attempt to dismiss the lawsuit brought by UCLA seeking more than $200 million in damages over its terminated sponsorship deal.

WSS Named Partner Of The Los Angeles Dodgers
The Los Angeles Dodgers announced a multi-year partnership with WSS, the West Coast sneaker chain that recently entered into an agreement to be acquired by Foot Locker.

Hibbett Boosts Guidance As Q2 Far Exceeds Analyst Estimates
Hibbett Inc. raised its outlook for the year after reporting second-quarter results that came in well above Wall Street targets. Same-store sales declined 6.4 percent year over year but represented a surge of 72.8 percent compared to the second quarter of 2019.