SGB Update Apparel
Gymshark Founder Reclaims CEO Role To Oversee U.S. Expansion
Ben Francis, founder, Gymshark, is reclaiming his role as the chief executive in August as the company expands into the U.S. and Asia. The move comes four years after he stepped back from leading the brand.
JD Sports To Split Chairman And CEO Roles
JD Sports Fashion said it will split Peter Cowgill’s role as executive chairman and recruit a chief executive over the next year.
Hybrid Apparel Acquires Air Waves
Hybrid Apparel completed its acquisition of Air Waves, a print-on-demand (POD) provider serving e-commerce and wholesale customers.
Adidas Launches Share Buyback Program
Adidas said its Executive Board has decided to launch a share buyback program in the second half of 2021 amid confidence the company’s latest strategy, ‘Own the Game,’ would generate “substantial” cumulative free cash flow over the next five years.
Canadian Apparel Brand Duer Opens Store In Los Angeles
Canadian performance denim company Duer announced plans to open a second U.S. retail location, located in the Fairfax District of Los Angeles.
Hoka Strengthens Product Team With Senior Director Hires
Hoka One One hired industry veteran Evie Moe as its first senior director of apparel, where she will oversee product and design. Matt Rask has been hired as the senior director of footwear design.
Nike Marketing Veterans Join Jaanuu
Direct-to-consumer medical apparel brand Jaanuu announced it has hired two former top-level executives from Nike, Inc. as it charts its next stage of growth. Dan Alder, former global head of marketing at Nike since 2002, has been appointed chief marketing officer a, and Scott Shepley, an 18 year veteran in global brand marketing at Nike, has joined Jaanuu as VP of brand marketing.
Under Armour Extends Partnership With Central College
Under Armour reached an agreement to continue to be the official outfitter of Central College in Pella, IA for the next five years.
Black Diamond Equipment To Open Store In Boulder
Black Diamond Equipment opens its doors to a new retail store on Pearl Street in Boulder, CO.
COVID-19 Lockdowns Impact Australian Trade
Kathmandu Holdings Ltd. (NZX/ASX: KMD) (Group) provided the following trading update today following the recent announcement of additional COVID-19 restrictions in New South Wales, Australia.
VF Corp Completes Sale Of Occupational Portion Of Work Segment
VF Corporation announced that it has completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, LLC, a diversified holding company.
Phunkshun Wear Hires Sales Manager
Phunkshun Wear, a Denver, CO-based company, has also hired Patrick Meehan as its new sales manager.
Logo Brands Partners With University Of North Carolina
Logo Brands Inc. has entered into a multi-year exclusive licensing agreement with the University of North Carolina at Chapel Hill, effective January 1, 2022.
EventHub Continues As Expo Management Partner For Running USA Industry Conference
Running USA announced that EventHub would continue as the Expo Management Partner for its Industry Conference to be held at Disney’s Coronado Springs Resort, FL from February 20-22, 2022.
Truewerk Raises Another $2 Million
Denver-based TrueWerk raised $2.03 million in an equity funding round, according to a Form D filing. This comes after the company reported raising $2.5 million in August.
