SGB Update Apparel
Moncler’s Q3 Revenues Decline 15 Percent
Moncler reported revenues of €361.8 million ($428 mm) in the third quarter, a 15 percent decrease at current exchange and 14 percent at constant exchange rates.
SA Company Receives Strategic Investment From TZP Group
SA Company has received a strategic investment from TZP Group, through TZP Capital Partners III, LP, a private equity firm based in New York.
Nike Partners With Seattle Storm To Grow Sport For Girls
The Seattle Storm announced a partnership with Nike, the WNBA and NBA for Season Two of Game Growers, a program for girls 13 years or older in seventh or eighth grade to share their ideas on how to encourage more girls to play sports.
Consumers Prioritize Spending On Family, Friends Ahead Of Holiday Season
Consumers plan to spend $997.79 on gifts, holiday items such as decorations and food, and additional “non-gift” purchases for themselves and their families, according to the annual survey released by the National Retail Federation.
Lids Opens Largest Store To Date At PIER 39 In San Francisco
Lids expanded its brick & mortar footprint with a new location at PIER 39 in the San Francisco market that opened on October 23. The new storefront is the retailer’s largest to date at nearly 7,000 square feet and its eighth location in San Francisco.
L.L Bean Opens Store In Toronto
L.L Bean opened its fourth store in Canada after marking its entry into the country two years ago. The new store is located in Don Mills in Toronto.
Gap Sets Goal To Double Athleta’s Revenues By 2023
At its Investor Day presentation, Gap Inc. set a goal to double Athleta’s sales to $2 billion from $1 billion currently.
Golf Rounds Played Jump Again In September
Golf rounds played rose 25.5 percent for the month of September and are now up 8.7 percent in the year-to-date period, according to Golf Datatech.
Kohl’s Outlines New Strategic Vision With Heightened Focus On Active And Casual Lifestyle
Kohl’s shared the company’s new strategic framework with the investment community, including new initiatives to position the company for long-term success. As part of its strategy, Kohl’s has set a new vision: to be the most trusted retailer of choice for the active and casual lifestyle.
Reports: Adidas Exploring Sale Of Reebok
Adidas is exploring a sale of its Reebok division, according to reports in Germany’s Manager Magazin and Bloomberg.
PGA Show Shifts To Virtual Format In 2021
PGA Golf Exhibitions, in partnership with the PGA of America, announced the shift to an all-virtual format for the 2021 PGA Merchandise Show, to be held January 26-29, 2021.
Black Diamond-Parent Sees Mid-Single Q3 Revenue Gain
Clarus Corp said it expects sales growth for the third quarter to range from 5 percent to 6 percent as triple-digit gains at Sierra Bullets offsets a slight decline at Black Diamond.
Mammut Records Modest Growth In Q3
Conzetta Group’s said its Outdoor segment, which consists entirely of Mammut brand, saw “slight growth” in the third quarter, recovering from declines seen earlier in the year due the pandemic.
Li Ning’s Q3 Same-Store Sales Boosted By E-Commerce
Li Ning Company Limited registered a low-single-digit increase on a same-store sales year-on-year basis in the third quarter ended September 30, driven by high-thirties growth in e-commerce.
Academy Sports’ Debt Ratings Upgraded By Moody’s And S&P
Academy Sports’ debt ratings were upgraded by Moody’s Investors Service and S&P Global Ratings following the retailer’s proposed refinancing and debt redemption amid the recent IPO and good operating performance.
