SGB Update Apparel

Florida A&M Announces New Partnership With Nike, LeBron James
Florida A&M Athletics announced a six-year agreement with Nike Inc., to make Nike the official athletic footwear, apparel and equipment provider for the Rattlers beginning July 1, 2021. The team will be outfitted with LeBron James uniforms, apparel and footwear.

Dunham’s Sports Returns To Marquette
Dunham’s announced plans to return to Marquette, MI this summer with a store set to open in the Westwood Mall in the old Yonkers location.

Burlington Stores Q4 Same-Store Sales Flat
Burlington Stores reported earnings fell 24.2 percent in the fourth quarter on flat comp sales. The off-pricer also set a new store target to reach 2,000 stores, up from the previous goal of 1,000 stores.

Buckle’s Comps Climb 5.3 Percent In February
Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended February 27 increased 5.3 percent year-over-year.

Academy Sports Appoints Board Member
Academy Sports and Outdoors Inc. announced the appointment of Tom Nealon to its Board of Directors, effective today. With the addition of Nealon, Academy’s Board comprises ten directors.

New Balance Extends Partnership With Lille OSC
New Balance extended its partnership as kit supplier to the French football club Lille OSC.

VF Corp. Appoints Global Brand President, Timberland
VF Corporation announced the appointment of Susie Mulder as global brand president, Timberland. Mulder joins the Timberland brand from clothing brand NIC+ZOE where she served as CEO since April 2012.

NRF: 2021 Could See Record Retail Sales Growth
A wide array of economic indicators point toward potentially record retail sales growth during 2021, but the coronavirus pandemic remains the biggest challenge for the year, according to a prediction from the National Retail Federation (NRF).

HanesBrands Names Chief Design Officer, Global Innerwear
HanesBrands announced that Jane Newman has been named chief design officer, global innerwear.

Headsweats Partners With US Open Pickleball Championships
Headsweats has partnered with the US Open Pickleball Championships as the official headwear sponsor of the world’s largest Pickleball event.

VF’s CEO Joins Best Buy’s Board
Best Buy Co. Inc. appointed Steve Rendle, chairman, president and CEO of VF Corp., to its board of directors.

Urban Outfitters’ Q4 Comps Decline 7 Percent
Urban Outfitters Inc. reported total company net sales for the three months ended January 31 decreased 6.9 percent over the same period last year to $1.09 billion. Comparable Retail segment net sales decreased 7 percent.

Adidas Expands Streetwear App Confirmed To UK And Europe
Adidas has expanded Confirmed, its streetwear-inspired app, to the UK, France, Italy, Poland, Spain, Germany and the Netherlands.

The VF Foundation Issues its First Impact Report
The VF Foundation, the VF Corporation’s philanthropic arm, published its inaugural report outlining the positive impact of its financial grants and charitable partnerships.

Nordstrom’s Q4 Revenues Slump 20 Percent
Nordstrom Inc. reported a sharp decline in fourth-quarter earnings but results topped Wall Street’s target. Net sales decreased 20 percent, which improved sequentially by 600 basis points relative to the third quarter, after adjusting for a shift of the Nordstrom Anniversary Sale.