SGB Update Apparel

Backcountry To Open New Retail Stores Spring 2021
Backcountry announced plans to open brick & mortar retail locations beginning May 2021. The retailer currently has one store adjacent to its fulfillment center in Salt Lake City, UT, and will expand its retail footprint this year with two new stores, the first of which will open in Park City, UT, followed by a location in Boulder, CO.

HanesBrands Names Group President, Global Innerwear
HanesBrands announced that Joe Cavaliere has been named to the newly created role of group president, global innerwear, effective February 8, 2021. Howard Upchurch, group president, innerwear Americas, has announced his retirement.

The 2021 NRF Big Show Chapter Two Goes Virtual
The National Retail Federation (NRF) has moved Chapter Two of its 2021 Big Show from an in-person to a virtual event.

Nike Exits 280,000 Square Feet Of Office Space
Nike is leaving its 280,000-square-foot office space in Sunset Corridor at the Tektronix campus in Beaverton, OR according to a report from the real estate firm JLL Capital Markets.

Stio Announces Key Hires To Support Continued Growth
Stio, headquartered in Jackson Hole, WY, announced new hires to broaden its corporate team and support its growth.

Academy Sports And Outdoors Eliminates COO Position
Academy Sports and Outdoors said in a regulatory filing that it has eliminated its COO position, resulting in the lay off of current COO and EVP Kenneth Attaway.

Belk Seeking Out-Of-Court Financial Restructuring
Belk, its major lenders and the private equity firm Sycamore Partners are nearing a deal to restructure the department store’s debt outside of bankruptcy proceedings, according to a Wall Street Journal report.

Lululemon Ranks Eighth On Glassdoor’s Best Places To Work List List
Lululemon Athletica was the only company in the active lifestyle space to land in the Top 10 of Glassdoor’s Annual Ranking of the 100 Best Places To Work in the U.S., coming in at No. 8. Other companies in the industry landing on the list include Vans, 36; REI, 48; and Nike, 49.

Running USA Survey Finds Runners Eager To Return To Live Events
According to Running USA’s 2020 Global Runner Survey, 66 percent of runners in North America plan to be back out racing as soon as an event is available in their area or within traveling distance. An additional 20 percent wanted a vaccine to be available before they raced again.

ReCircled Acquires Circlarity
ReCircled, LLC, a Denver-based industrial sustainability company serving the textile, apparel and footwear sector, announced the acquisition of Circlarity, LLC, a digital sustainability intelligence technology company.

Pentland Brands Appoints Its First Positive Business Director
Pentland Brands Limited has announced the appointment of Sara Brennan as its first positive business director.

Licensing Expo To Be Held In August 2021
The Global Licensing Group has scheduled its in-person Licensing Expo for August 10-12, at the Mandalay Bay Convention Center in Las Vegas, NV. Accompanying the tradeshow is a virtual event, which will be held on August 24-25.

Ebay Appoints VP Of Fashion
Ebay has appointed Charis Márquez, formerly VP for sales effectiveness at Levi Strauss & Co., to the newly created role of vice president of fashion.

Goat Group Secures Investment From Groupe Artemis
Goat Group, the online marketplace for sneakerheads, has secured a strategic investment from Groupe Artemis, the controlling shareholder of Kering, the owner of Gucci, Saint Laurent, Bottega Veneta and other luxury brands.

Southampton Exits Under Armour For Hummel
Southampton announced a new partnership with Hummel, the Danish brand, after mutually parting ways with Under Armour two years before its contract was due to expire.