SGB Update Apparel

Licensing Expo Virtual Announces 2021 Agenda

Licensing Expo Virtual, in partnership with industry trade association Licensing International, announced the agenda for its 2021 virtual event on August 24-26.

Infinited Fiber Co. Raises €30 Million

Finnish circular fashion and textile technology group Infinited Fiber Co. has secured investments totaling €30 million in its latest financing round completed on June 30. The round also brought Infinited Fiber new investors, Adidas, Invest FWD A/S, which is Bestseller’s investment arm for sustainable fashion and investment company Security Trading Oy.

Phil Knight Donates Another $500 Million To The University Of Oregon

Nike’s Co-founder Phil Knight and his wife Penny have given a second $500 million donation to his alma mater, The University of Oregon. The donation will help the University launch the second phase of the Phil and Penny Knight Campus for Accelerating Scientific Impact.

RPM Training Closes Series A Funding Round

Active lifestyle brand RPM Training Co. announced the closure of a Series A funding round led by Partnership Capital Growth (PCG) and KC/LLC. Cambridge SPG, FitLab, and Mana Ventures also participated in the round.

CrossFit Names Former Nike Executive As President

CrossFit LLC announced the appointment of former Nike executive Jason Dunlop as president. Dunlop, who also held senior roles at Starbucks and The Gap, will accelerate CrossFit’s global growth.