SGB Update Apparel

PVH Corp. Announces Leadership Updates

PVH Corp. announced that Mike Shaffer, chief operating and financial officer, will be leaving in September to pursue other opportunities while Abel-Hodges will be stepping down in July as CEO of Calvin Klein.

Fanatics Partners To Launch NFT Platform

Fanatics chairman Michael Rubin, cryptocurrency investor Michael Novogratz and digital media entrepreneur Gary Vaynerchuk have partnered to create Candy Digital, a company that will specialize in virtual collectibles and other NFTs.

Work Wear Safety Shoes Acquires My Boot Store

Work Wear Safety Shoes, based in Forth Worth, TX, announced that the company had acquired Lubbok, TX-based business, My Boot Store, to expand its offering in West Texas.

Moncler Appoints Chief Brand Officer

Moncler announced the appointment of Gino Fisanotti in the newly created position of Moncler chief brand officer, effective June 7. Most recently, he served as Nike’s first brand creative officer.

Dick’s Sporting Goods Announces Grand Opening Of Seven Stores

Dick’s Sporting Goods announced the grand opening of seven new locations, including its second Dick’s House of Sport in Knoxville, TN on June 4, one relocated Dick’s Sporting Goods, two newly redesigned Golf Galaxy locations and three Warehouse Sale locations.

Hibbett Sports Blows Past Wall Street’s Targets In Q1

Hibbett Sports significantly hiked its full-year guidance after reporting sales and earnings in the first quarter ended May 1 came in well ahead of Wall Street’s estimates. Mike Longo, CEO, said, “New customer retention, improved store level engagement, government stimulus, and access to coveted brand name products contributed to our comparable sales growth of 87.3 percent.”