SGB Update Apparel

UCLA To Wear Under Armour This Year Despite Dispute
UCLA will continue to wear Under Armour this season despite filing a lawsuit over Under Armour’s move to terminate its contract.

Former Athleta Chief To Head Old Navy
Gap Inc. reported that Nancy Green, who was president and CEO of Athleta from May 2013 to August 2019, has been appointed president and CEO of Old Navy, Gap’s largest brand.
L.L.Bean Expands Wholesale Push To Zappos
L.L.Bean has added Zappos as a wholesale partner. In mid-July, L.L.Bean marked its first foray into wholesale in the U.S. with distribution deals formed with Nordstrom, Staples and Scheels.

Picture Opens Pop-up Shop In SEED People’s Market
Picture, announce a pop-up shop in the SEED People’s Market located in Costa Mesa, CA running from October through December 2020.

Alterra Mountain Company Announces Leadership Changes, Creates New Company Divisions
Alterra Mountain Company CEO, Rusty Gregory, has announced leadership promotions and organizational changes.

Dick’s SG To Increase Holiday Hires
Dick’s Sporting Goods plans to hire up to 9,000 holiday workers, 1,000 more than last year to support expected continued strength in online orders for curbside or in-store pickups amid the pandemic.

The Buckle’s September Comps Expand 23 Percent
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 5-week period ended October 3, 2020 increased 22.9 percent.

Burton Welcomes New Marketing And Creative Executives
Burton welcomed new SVP of Global Marketing, Kelly Murnaghan, and new Executive Creative Director, Adrian Josef Margelist. Both Murnaghan and Adrian report to Burton CEO John Lacy and have officially started in their respective roles.

Academy Sports’ Debt Ratings Upgraded
Academy Sports’ debt ratings was upgraded by Moody’s due to its October 2 initial public offering and better than anticipated Q220 operating performance.

Textile Trade Group Opposes GSP Expansion To Apparel And Footwear
The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles, from fiber to finished sewn products, voiced strong support for a House resolution opposing the inclusion of apparel, textile and footwear products in the Generalized System of Preferences (GSP) program.

MEC Sale Gains Court Approval
A court in British Columbia approved the sale of MEC (Mountain Equipment Co-op) to Kingswood Capital Management, a California-based private-equity firm over calls by a group protesting the sale.

Grassroots Outdoor Alliance Confirms Fall Show Dates
Grassroots Outdoor Alliance has confirmed fall show dates for its Connect buying show through 2024. Upcoming fall shows for Grassroots Connect will be held in the Kansas City Convention Center with confirmed dates including November 8-11, 2021; November 7-10, 2022; November 6-9, 2023; and November 14-17, 2024.

Adidas Appoints New HR Chief
Adidas has appointed Amanda Rajkumar, an executive from French bank BNP Paribas, as its new head of human resources.

USTA, Genesis Health Clubs Partner To Grow Tennis Participation
The USTA and Genesis Health Clubs announced a strategic partnership that brings together the national governing body for tennis in the United States with one of the largest health and tennis club companies in the country.

Foot Locker’s Chief Information Officer To Exit
Foot Locker said in a regulatory filing that Pawan Verma, executive vice president and chief information and customer connectivity officer, announced his intention to resign from Foot Locker, Inc., effective October 31, 2020, in order to pursue another opportunity.