SGB Update Apparel
OIA Praises Passage Of America’s Conservation Enhancement Act
The Executive Director of the Outdoor Industry Association (OIA), Lise Aangeenbrug, applauded the passage by the House of Representatives “America’s Conservation Enhancement Act” legislation reauthorizing wetlands conservation and officially establishing the National Fish Habitat program and that addresses threats from invasive species and chronic disease.
Jack Wolfskin Appoints Chief Financial Officer
Jack Wolfskin, which is owned by Callaway Golf, has appointed André Grube as its new CFO.
S&P Sees Slow Recovery Ahead For Neiman Marcus
S&P Global Ratings rated a ‘CCC+’ issuer credit rating on Neiman Marcus, with a negative outlook. S&P said the luxury chain emerged from bankruptcy and lowered its funded debt, but faces a challenging path to recovery from the ongoing secular pressures that the COVID-19 pandemic has amplified.
Iconix Completes Sale Of Starter China
Iconix Brand Group Inc. said in a regulatory that it has completed the sale of Starter China Limited for $16.0 million. The Starter China sale includes the sale of the Starter brand in the mainland of China, Hong Kong, Taiwan and Macau.
MLB Flagship Store Opens In NYC
Major League Baseball opened the MLB Flagship Store, located at 1271 Avenue of the Americas in midtown Manhattan in a partnership with Legends. The location marks the league’s first permanent MLB retail store in the U.S.
Amer Sports Announces Senior Management Changes
Amer Sports Corp., acquired last year by Anta Sports, said Heikki Takala has decided to resign from his role as president and CEO and will move into a role as a special advisor to the Board. Jie Zheng, Anta’s executive director and group president, has assumed Takala’s responsibilities.
Academy Sports + Outdoors Announces Pricing Of IPO
Academy Sports and Outdoors Inc. announced the pricing of its initial public offering of 15.63 million shares of its common stock at $13.00 per share. Shares were priced below the projected range of $15 and $17 a share. Shares of Academy’s common stock are expected to begin trading Friday under the ticker symbol, “ASO.”
Lids Partners With NBA Skills Trainer
Lids has partnered with NBA skills trainer Chris Brickley. This fall, Lids will drop Chris Brickley customizations available at all retail locations with Lids Custom. The duo are also working on a custom hat design with Brickley’s streetwear brand Color Blind and a series of branded content, both scheduled to be released later this year.
Dick’s SG Announces Grand Opening Of 11 Stores, New Soccer Shops
Dick’s Sporting Goods will expand its national footprint with the opening of six Dick’s Sporting Goods stores, two combination Dick’s and Golf Galaxy locations and three Dick’s Sporting Goods Warehouse Sale locations in October. The retailer will also open a limited number of Soccer Shops, a new, shop-in-shop experience, starting later this month and host its first Loyalty Appreciation Week beginning October 5.
REI Co-op Continues #OptOutside Tradition
For the sixth year in a row, REI Co-op will close its 167 locations — stores, activity centers, distribution centers, call centers, and headquarters — and pay its employees to #OptOutside on Black Friday.
Fanatics Appoints SVP, Business Development & Strategy
Fanatics appointed Ed O’Brien as SVP, business development, professional sports teams. Prior to joining Fanatics, O’Brien was head of sports and entertainment for CLEAR, a biometric identity platform.
Point6 Partners With Ed Viesturs
Point6 has signed with mountaineer Ed Viesturs in the newly created role of sales and technical representative.
Outdoor Foundation Appoints Managing Director
The Outdoor Foundation (OF), the philanthropic arm of Outdoor Industry Association (OIA), announced that Stephanie Maez, a longtime strategic policy advocate and nonprofit executive and a former state legislator from New Mexico (House District 21), has been named its new managing director.
Reebok Appoints VP, Creative Direction
Reebok today announced the appointment of Kerby Jean-Raymond to Vice President, Creative Direction across all design disciplines for Reebok.
Adidas Places First Sustainability Bond
Adidas successfully placed its first sustainability bond as the company continues to execute on its long-term sustainability plan while optimizing its capital structure and financing costs.
