SGB Update Apparel
Fruit of the Loom, Inc. Releases 2019 Sustainability Report
Fruit of the Loom, Inc., a Berkshire Hathaway subsidiary that includes Fruit of the Loom, Russell Athletic, Spalding and Vanity Fair, released its first annual global sustainability report and announced Fruitful Futures, the company’s new global sustainability plan.
Johnston & Murphy Returns To Golf Footwear
Johnston & Murphy, once a sponsor of Arnold Palmer, has launched its first new golf shoe in nearly 20 years.
Dick’s SG To Eliminate Single-Use Plastic Bags By 2025
Dick’s Sporting Goods announced two major actions to help create a future free of single-use plastic bags: a commitment to remove all single-use point-of-sale plastic bags from its stores by 2025 and a partnership with Closed Loop Partners’ Center for the Circular Economy.
Moody’s Assigns A2 Rating To Adidas’ Sustainability Bond Issuance
Moody’s Investors Service has assigned an A2 rating to Adidas AG’s proposed €500 million senior unsecured bond due 2028.
OBIT: Huf Founder Keith Hufnagel
Keith Hufnagel, the founder of Huf Worldwide and a skateboarding legend, has passed away at the age of 46 after battling cancer.
Le Bent Restructures U.S. Sales Organization
Le Bent announced a new U.S. sales structure. Denver-based Erika Gurnett will lead the effort as its newly appointed U.S. sales manager.
Dunham’s Sports To Open At Markland Mall In Kokomo, IN
Dunham’s Sports opened a new location in a former Elder Beerman department store at Markland Mall in Kokomo, IN. The store represents a relocation within the Kokomo area.
Digital Agency Instrument Appoints Nike Lead
Instrument, based in Portland, OR, promoted Rocky Clarke-Puntney to oversee its Nike business as Nike group executive director.
Nike Nets Tax Break For Distribution Center in Ontario, CA
Nike will earn a tax break as part of a deal to open a large e-commerce warehouse in Ontario, CA, according to a report in the San Gabriel Valley Tribune.
Neiman Marcus Completes Chapter 11 Process
Neiman Marcus Holding Company, Inc. announced it has emerged from voluntary Chapter 11 protection, successfully completing its restructuring process.
Poshmark Prepares For IPO
Poshmark, the used clothing platform, has confidentially filed to go public.
Primary Arms Hires Soft-Lines Merchandising Manager
Primary Arms Online hiring Beth Singletary as its soft-lines merchandising manager. This position covers all apparel and gear categories within its assortment.
Amazon Prime Day Set For October 13 And 14
Amazon said Monday that it will host its annual Prime Day sales event on October 13 and 14. Prime Day, which traditionally takes place in mid-July, had been postponed due to COVID-19.
Survey Finds Landlords And Retail Tenants Compromise To Emerge Stronger Post-COVID-19
With close to zero revenue coming in the doors for many brick & mortar retailers during COVID-19 stay-at-home orders, retailers and their landlords are working to address outstanding rent obligations, the National Retail Federation, and PJ Solomon said.
Academy Sports’ Debt Ratings Upgraded By S&P
The debt ratings of Academy Sports + Outdoors Inc. were raised by S&P Global Ratings as the retailer recently announced continued growth in the second quarter ended July and filed for a potential IPO.
