SGB Update Apparel
SGB Media Reports Top 20 Stories For November 2020
SGB Media has revealed its Top 20 read stories on SGBonline.com in November, according to stats compiled by Google Analytics.
SGB Media Sees Surge In Mobile Users As Web Page Views Jump 19 Percent
In a potential sign that the pandemic continues to influence how people consume content and shop, SGB Media saw its online media presence, SGBonline.com, post breakout numbers once again.
Amazon Third-Party Sellers Post Record Holiday Sales
Amazon reported independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, an increase of over 60 percent from last year.
Adobe Reports Cyber Monday Sales Expected To Climb Up To 21 Percent
Adobe Analytics projected Cyber Monday sales will range between $10.8 to $11.4 billion, becoming the largest online shopping day in U.S. history. Sales were up as much as 21 percent from a year ago.
Kathmandu Holdings CEO To Resign
Kathmandu Holdings announced the planned resignation of Group CEO Xavier Simonet. The New Zealand-based owner of Kathmandu, Rip Curl and Oboz also reported a 72 percent hike in sales in the first quarter ended October 31.
Foot Locker CFO To Retire
Foot Locker Inc. announced the planned retirement of Lauren Peters, Foot Locker’s executive vice president and chief financial officer, with an expected effective date in April 2021.
Nike Lobbying Against Xinjiang Forced Labor Bill
Nike is among the major companies and business groups lobbying Congress to weaken a bill that would ban imported goods made with forced labor in China’s Xinjiang region, according to a report in the New York Times.
Under Armour Launches Steph Curry Brand
Under Armour on Monday launched the Curry Brand with NBA star Stephen Curry in a move being compared to Nike’s launch of the Jordan sub-brand in 1997.
Adobe Sees Online Sales Climb 22 Percent On Black Friday
Spending online on Black Friday this year surged 21.6 percent to hit a new record, according to data from Adobe Analytics.
Sensormatic Solutions Sees In-Store Traffic Tumble On Black Friday
Sensormatic Solutions, which employs cameras to measure in-store retail foot traffic, reported shopper visits resulted in a 52.1 percent decline in traffic on Black Friday, November 27, compared to 2019.
Dick’s SG To Test New Outdoor Concept
Dick’s Sporting Goods confirmed it will be testing a new outdoor-themed concept called Public Lands with two locations scheduled to open in former Field & Stream stores in 2021.
Gap Appoints Chief Growth Officer
Gap Inc. appointed Asheesh Saksena as its chief growth officer, a newly created position with a focus on ramping up the expansion of Old Navy and Athleta. He joins Gap Inc. in January 2021.
San Diego’s A&B Sporting Goods To Close
A&B Sporting Goods in the North Park section of San Diego is closing after 79 years in business.
Report: Adidas Retains JPMorgan To Help Find Reebok Buyer
Adidas has retained JPMorgan Chase to assist with a potential sale of its Reebok brand, according to The New York Times.
Coterie Appoints VP Of Events
Coterie announced the appointment of Courtney Bradarich as VP of Events. She joins Coterie with over 15 years of fashion trade experience bringing a specialized background in contemporary and advanced contemporary markets and expertise in strategizing upmarket plans with omnichannel solutions.
