SGB Update Apparel

Penn Athletics Renews Relationship With Nike

The University of Pennsylvania Division of Recreation and Intercollegiate Athletics and Nike have reached an agreement on a new five-year contract that will keep the Quakers in Nike through the 2025-26 athletic year.

Gap Inc. Plans To Sell Intermix

Gap Inc. has entered into an agreement to sell Intermix, its upscale apparel chain, to private equity firm Altamont Capital Partners.

2022 Running USA Industry Conference Returns To Orlando

The 2022 Running USA Industry Conference, presented by Race Roster, will be a live event to take place February 20-22, 2022, returning to the Coronado Springs Resort at Walt Disney World in Lake Buena Vista, FL.

Berghaus Appoints Global Brand Director

Berghaus has appointed Charlie Pym as its global brand director responsible for global product and marketing for the brand. He joins Berghaus from the cycling category, having been the marketing director of McLaren’s Pro Cycling program, which launched Team Bahrain McLaren.

Signa Sports Acquires Tennis Express

Signa Sports United (SSU) announced a binding agreement to acquire Tennis Express, an online tennis retailer in the United States.

Canada Goose To Open At South Coast Plaza

This fall, Canada Goose will open its first store in California, at the South Coast Plaza Mall, where it will house its first Snow Room in the United States.

Ames Watson Acquires South Moon Under

An affiliate of investment holding company Ames Watson is acquiring the Annapolis, MD-based surf chain, South Moon Under. Ames Watson acquired the Lids hat chain two years ago.

Big 5 Posts 32 Percent Q1 Comp Gain

Big 5 Sporting Goods Corp. reported same-store sales jumped 31.8 percent in its first quarter ended April 4, well above guidance calling for a gain of 20 percent. Earnings likewise soared and came in about double guidance.

Dick’s SG Announces Grand Opening Of Four Stores

Dick’s Sporting Goods will expand its nationwide footprint with the grand opening of one Dick’s Sporting Goods location, one Warehouse Sale location and two locations of a new off-price store concept—Going, Going, Gone!—in May.

Bloom Sustainable Materials Appoints New President And CEO

Bloom Sustainable Materials has appointed footwear components veteran Chuck Mason as president and CEO of Algix, LLC and the Bloom brand of sustainable materials used in footwear and other consumer products. Mason previously worked with W.L. Gore.