SGB Update Apparel

VF Corp Appoints CFO
VF Corp. announced that it has appointed Matt Puckett to the position of executive vice president and chief financial officer. He was formerly VF’s VP, global financial planning & analysis.

Mytheresa Appoints President, North America
Munich-based online luxury-fashion retailer Mytheresa appointed Heather Kaminetsky as its president of North America, effective June 1.

Helly Hansen CEO Paul Stoneham To Step Down
Paul Stoneham is to step down as CEO of Helly Hansen after six years at the helm of the technical outdoor brand. He will remain in his role until a new CEO is appointed and a handover period has occurred.

Nike To Open Warehouse In Pennsylvania
Nike has signed a lease for the 1,041,600-square-foot building at 3633 Commerce Center Blvd. in the Majestic Bethlehem Center. The facility is expected to support e-commerce fulfillment on the East Coast, with the company drawn to Lehigh Valley’s proximity to New York City.

Li-Ning Sees Sales Surge In Q1
Li Ning Company Ltd. reported retail sell-through of Li Ning POS increased in the high-eighties in the first quarter ended March 31.

361 Degrees Sees Robust Q1 Revenue Growth
361 Degrees International Ltd. reported retail sales of 361° core branded products for the first quarter of 2021 increased by high-teens when compared to that for the same period of 2020.

Cuore of Switzerland To Sponsor USA Cycling
Cuore of Switzerland Inc. has signed a five-year agreement to become the Official Performance Cycling Apparel of USA Cycling. Cuore will outfit USA Cycling athletes at all competitions for cyclocross, mountain bike, road, and track.

Zalando Expects First Quarter Results Above Market Expectations
Zalando SE expects first quarter results above market expectations as a result of a stronger-than-expected start to the spring-summer season as well as a lower-than-expected return rate. Revenues are seen jumping in the range of 46 to 48 percent.

3N2 Partners With Ripken Baseball
3N2 entered into a multi-year partnership to become the official apparel and uniform provider to Ripken Baseball and The Ripken Experience.

Lululemon Testing Resale Program
Lululemon announced its pilot of Like New, the brand’s first recommerce program. The trade-in program launches in California and Texas in May, then expands into a resale program in the same markets in June.

Hibbett Sports Opens Store In Jonesboro, GA
Hibbett Sports announced the opening of the newest Hibbett Sports in Jonesboro, GA. The new store is located at 8071 Tara Blvd.

Athleta To Expand To Canada
Athleta will enter Canada with e-commerce launching late this summer and its first two stores opening this fall. The stores will open in the Yorkdale Shopping Center in Toronto and the Park Royal Shopping Centre in West Vancouver.

LEKI Owner, Waltraud Lenhart, Passes Away
Waltraud Lenhart, owner and managing partner of LEKI, unexpectedly passed away after a short and serious illness. She was 64 years young.

Delta Apparel Announces 12 percent Second Quarter Sales Growth
Delta Apparel expects net sales for its March quarter to be approximately $108 million, a 12 percent increase compared to prior year. The second quarter double-digit sales growth in both the Delta Group and Salt Life Group segment.

Kohl’s Partners With Tommy Hilfiger
Kohl’s announced a new partnership to bring Tommy Hilfiger men’s sportswear to more than 600 stores across the U.S. and an expanded assortment on Kohls.com this fall.