SGB Update Apparel

Varsity Spirit Founder And Chairman To Step Down

Varsity Spirit and its Founder and Chairman, Jeff Webb, announced that he will shift his focus to growing cheer globally through his role as president of the International Cheer Union. Varsity Spirit, a division of Varsity Brands, will continue to be led by Bill Seely.

Head/Tyrolia Appoints VP Of Sales

Head/Tyrolia, USA announced that Rob Mignon has been named vice president of sales, a new position for the company. Starting January 1, 2021, he will assume sales management for all Head Wintersports products in the U.S. 

Academy Sports Reports Record Q3 Sales And Earnings

Academy Sports and Outdoors Inc., in its first earnings report since going public, reported earnings vaulted 188 percent on an adjusted basis in the third quarter ended October 31. Revenues jumped 17.8 percent. Results were well ahead of Wall Street’s targets. The retaller marked its fifth consecutive quarter with a comparable sales increase.

Imports Still Strong Though October

Imports remain strong through October after setting new records this fall as retailers stocked up both stores and warehouses for the holiday season and met new demands for quick delivery of online orders, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

HanesBrands Appoints Board Member

HanesBrands announced that financial executive Cheryl K. Beebe has been appointed to the company’s Board of Directors.

Brooks And Vaude Sign The Climate Pledge

Brooks Running and Vaude have each signed The Climate Pledge, a commitment to be net-zero carbon by 2040, a decade ahead of the Paris Agreement’s goal of 2050.

REI Elevates Product Standards To Fight Climate Change And Advance Equity

REI is upgrading product standards in partnership with its more than 1,000 brand partners to advance more sustainable and inclusive business practices. The co-up is also committing that, by 2030, all products on its shelves will have a preferred attribute so that every purchase at REI supports a healthier, cleaner, more equitable planet.

Academy Sports Adds Board Member

Academy Sports and Outdoors Inc. announced the appointment of Wendy A. Beck to its Board of Directors, effective today. Beck joins Allen I. Questrom and Jeffrey C. Tweedy, who were appointed to Academy’s Board on October 1 in connection with Academy’s initial public offering, as recent independent director additions to the Board.

TJX Announces 13 Percent Increase In Dividend

The TJX Companies Inc. announced the declaration of a quarterly dividend on its common stock of 26 cents per share payable March 4, 2021, to shareholders of record on February 11, 2021.

Jordan Brand Partners With UCLA

UCLA announced a six-year partnership that makes Nike’s Jordan Brand the official athletic footwear, apparel and equipment provider for the Bruins’ football and basketball programs. The change comes after Under Armour announced in June that it was ending its contract with the school.

Brookwood Companies Announces CEO Transition

Brookwood Companies, Inc., a wholly-owned subsidiary of the Hallwood Group, LLC, announced that its CEO, Amber M. Brookman will be leaving the company effective January 1, 2021. Frank Montie, who currently serves as executive vice president, will assume the role of CEO.