SGB Update Apparel

More Than 150 Million Plan To Shop On Super Saturday

More than 150 million U.S. consumers plan to shop on Super Saturday this year, up slightly from 147.8 million in 2019, according to the annual survey released by the National Retail Federation.

Apex Global Brands Sees 17 Percent Drop In Q3 Revenues

Apex Global Brands, which counts Hi-Tec, Cherokee and Tony Hawk among its lifestyle brands, reported revenues fell 17 percent in the third quarter ended October 31 although it was able to slightly narrow its loss in the period. The company secured an extension on a forbearance agreement from its lenders.

Under Armour Sued Over Rush Fabric Claims

Under Armour Inc is facing a proposed class-action lawsuit accusing it of misleading consumers about the purported performance-enhancing features of its Rush apparel line.

The WSL Suspends Production On The Billabong Pipe Masters

The World Surfing League (WSL) has decided to suspend the Billabong Pipe Masters competition, presented by Hydro Flask, as a result of positive COVID-19 tests within its organization, including WSL CEO Erik Logan.

Rab Appoints National Sales Manager

Rab announced today that it has named Ryan Krusemark as the company’s first national sales manager as it looks to build on and expand its North American footprint in 2021.

Adidas Assesses Strategic Alternatives For Reebok

Adidas AG said it has begun a review of whether to sell its underperforming Reebok brand.  Adidas said Monday it will announce a decision on March 10 when it presents its new five-year growth plan.