SGB Update Apparel

Urban Outfitters Announces Leadership Changes
Urban Outfitters Inc. reporting a challenging holiday quarter and a planned exit for the CEO of its namesake brand.

Grundéns Appoints VP, Marketing
Grundéns announced the hiring of Ashley Williams as vice president of marketing. Williams most recently served as senior director global marketing for Keen and vice president of marketing for Amer Sports Americas.

Lululemon Hires Nike Veteran As Head Merchant
Lululemon appointed Blanca Gonzalez as SVP, global merchandising, effective February 1. Gonzalez had been at Nike for nearly 20 years and was, most recently, VP and GM of Nike North America’s Los Angeles/West territory.

Lodging In Southeast Destinations Seeing Mixed Performance This Winter Season
Although the Southeast region has weathered much of the pandemic better than other parts of the U.S., including posting a strong December, indicators are pointing to a slowdown in lodging occupancy in the months ahead according to data released yesterday by DestiMetrics.

Dick’s SG To Open Destination Stores In New York And Tennessee
Dick’s Sporting Goods plans to open its first experiential store at Eastview Mall in Victor, NY in March and another in West Town Hall in Knoxville, TN in May. The store in Victor will include a 17,000-square-foot outside turf field to accommodate practices, community events, and other sports-related outdoor offerings.

Delta Apparel Announces Stronger Than Expected First Quarter Sales
Delta Apparel Inc. announced preliminary sales results for its 2021 fiscal first quarter ended January 2, 2021.

TYR Sport Appoints EVP Of Sales
TYR Sport Inc appointed Charlie Siracusa as executive vice president of sales. He previously worked for Timberland Pro and Carhartt.

Giro Appoints Snow Brand Manager
Giro Sport Design announced that Josh Reid has joined the team as its snow brand manager. Reid will oversee all aspects of snowsports marketing communications, advertising and public relations.

Columbia Sportswear Appoints SVP Of U.S. Sales For Columbia Brand
Columbia Sportswear Company announced the appointment of Tim Sheerin as senior vice president of U.S. sales for the Columbia brand. He was most recently Nike’s vice president of North America sales.

Zumiez Sees 1.7 Percent Holiday Comp Gain
Zumiez Inc. reported comparable sales increased 1.7 percent for the 10-week period ended January 9, 2021, compared to the 10-week period ended January 11, 2020.

Adobe Sees 32 Percent Online Growth Over Holiday Season
Adobe said based on Adobe Analytics data, U.S. online spend totaled $188.2 billion over November and December, which represents 32.2 percent growth year-over-year.

2020 Retail Imports May Break Record Despite Pandemic
Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

VF Corp. Names Shanghai As New APAC Headquarters
VF Corp. announced a transformation plan for its Asia Pacific operations focused on evolving the region’s organizational design and footprint and building new capabilities to for the growth of its brands. Accordingly, VF will move the center of its brand operations from Hong Kong to Shanghai.

Tilly’s Sees Modest Comp Gain Over Holiday Period
Tilly’s Inc. reported same-store sales grew 2.7 percent for the nine-week period ended January 2. Comparable net sales in physical stores decreased by 12.4 percent while e-commerce net sales jumped 65.2 percent.

Lululemon Sees Q4 Earnings At Upper End Of Guidance
Lululemon Athletica Inc. announced the company now expects revenue and earnings to be at the high end of its prior range of expectations for the fourth quarter of fiscal 2020 ending January 31.