SGB Update Apparel
G-III Apparel’s Q4 Sales Decline 30 Percent
G-III Apparel Group, Ltd. reported sales declined 30.3 percent in the fourth quarter and 35.0 percent in the full year ended January 31. The company predicted sales to climb 13.6 percent in the first quarter.
Nordstrom Launches Livestream Shopping Program
Nordstrom will begin hosting a series of live streaming events, where store employees or brand partners will showcase certain products on video.
3DLOOK Announces $6.5 Million Series A Round
3DLOOK announced that it has raised $6.5 million in Series A funding, led by Almaz Capital with participation from TMT Investments and Zubr Capital. The investment brings the online body measurement start-up’s total fundraising to date to $11.2 million.
Evo To Open Two Satellite Stores This Summer
Seattle-based outdoor and action sports retailer Evo has announced it will open satellite stores at Snoqualmie Pass in Washington and in Hood River, Oregon this summer.
February Retail Sales Slide
The U.S. Census Bureau said overall retail sales in February were down 3 percent seasonally adjusted from January but up 6.3 percent year-over-year. That compares with a monthly increase of 7.6 percent and a yearly gain of 9.5 percent in January.
Fanatics Signs Memorabilia Contracts With Joe Montana, Jerry Rice And Charles Woodson
Fanatics announced exclusive multi-year partnerships with NFL legends Joe Montana, Jerry Rice and Charles Woodson, who will join its roster of current and former athletes housed under the company’s memorabilia and collectibles division, Fanatics Authentic.
La Sportiva Appoints New General Manager
La Sportiva has appointed Marcello Favagrossa as general manager of the Italian brand.
LeBron James, Lakers Lead NBA Merchandise Sales Through First Half of Season
The National Basketball Association (NBA) and National Basketball Players Association jointly announced that LeBron James and the Los Angeles Lakers secured the top spots on the NBA’s Most Popular Jersey and Team Merchandise lists.
CD&R Completes S&S Activewear Buyout
Clayton, Dubilier & Rice has closed its previously announced acquisition of Bolingbrook, IL-based S&S Activewear, a distributor of imprintable apparel and accessories.
Active Brands Appoints New CEO
Active Brands, the Norway-based parent of Kari Traa, Johaug, Dæhlie Sportswear, Bula, Åsnes and Sweet Protection, appointed Christophe Merkel as the new CEO of the company, succeeding Espen Krogstad. He was formerly vice president and general manager of Nike EMEA.
JD Sports To Open First Store In Canada
The JD Group, based in the U.K., announced plans to open its first JD Sports store in Canada in the second half of 2021.
Adidas Forms Partnership With Peloton
Adidas said that it has formed a partnership with Peloton. Details were not disclosed but reports indicate the partnership is an apparel collaboration.
RYU Apparel To Reopen Stores
RYU Apparel Inc. said it’s planning on reopening the company’s flagship stores that have been closed due to the global COVID-19 pandemic. The reopening of the company’s Vancouver and Toronto stores is scheduled for Saturday, April 16, 2021.
New Balance and BSN Sports Partners With University Of Denver
The University of Denver Division of Athletics and Recreation announced that it has entered into a multi-year sponsorship and product supply agreement with New Balance through BSN Sports to be the official apparel, footwear and uniform provider for Pioneer athletics.
Midwest Sports Tennis Acquired By Berlin’s Signa Sports United
Berlin-based Signa Sports United announced the acquisition of a majority stake in Midwest Sports, the Ohio-based online tennis retailer. The acquisition serves as the entry point into the U.S. market for Tennis-Point.
