SGB Update Apparel
Correction: WL Gore Article
An article that ran in Monday’s SGB Update, “WL Gore To Eliminate 120 Jobs At Scotland Fabric Plant” was inaccurate.
L.L.Bean Partners With Mastercard On Complimentary Outdoor Classes
L.L.Bean is partnering with Mastercard to offer complimentary outdoor classes through its Outdoor Discovery Program.
June U.S. Core Skate And Surf Sales Grew 15 Percent, ActionWatch Reports
According to sales data for the ActionWatch US retailer panel, store sales for core skate and surf shops increased 15 percent when compared to last June.
Frasers Group’s Sales Climb 6.9 Percent In Year
Frasers Group plc, formerly Sports Direct International, reported Group revenue increased 6.9 percent to £3.96 billion in the 52-weeks through April 26. Excluding acquisitions and on a currency-neutral basis, revenue decreased 12.6 percent.
The Buckle’s Second-Quarter Earnings Double
The Buckle Inc. reported net income for the second quarter of fiscal 2020 was $34.7 million, or 71 cents a share, compared with $16.4 million, or 34 cents per share, for the second quarter of fiscal 2019.
New Era Field To Become Bills Stadium
The Buffalo Bills said they will call their stadium, “Bills Stadium” after failing to find a new naming rights partner before the start of the season. The change comes after the end of its partnership with New Era Company.
Adidas Extends Sponsorship Of England’s Rugby Football Union
England Rugby has announced it has extended its partnership with Adidas as Official Footwear Supplier for four more years.
Gildan Publishes 2019 Genuine Responsibility ESG Report
Gildan Activewear Inc. announced the release of its 16th Environmental, Social and Governance (ESG) report. The 2019 ESG report, prepared in accordance with the Global Reporting Initiative (GRI) Standards comprehensive option, shows Gildan’s approach and commitment to ESG.
Ross Stores Surprises With Q2 Profit
Ross Stores Inc. reported a surprise profit in the second quarter despite seeing revenues decline 32.5 percent. Reopened store comps were down 12 percent and comps have continued to be down mid-teens so far in the third quarter.
CBL Properties Expects To File For Bankruptcy
CBL Properties, the mall owner, said it is planning to file for bankruptcy in order to execute a debt restructuring.
Report: Sweaty Betty Preparing For Sale
Sweaty Betty, the London-based women’s activewear chain, is preparing to put itself on the selling block, sources told Bloomberg. The sale comes as Sweaty Betty recently announced the pandemic had caused it to permanently close all its 12 U.S. stores.
Smartwool Canada Appoints Senior Manager, Sales & Marketing
Smartwool Canada has appointed Daniel Doucette as senior manager of sales & marketing. He steps into his role at Smartwool after more than a decade as Columbia Sportswear’s national account manager for Western Canada.
Headsweats Partners With Virtual Women’s Half Marathon For New Run Series
Headsweats, the manufacturer of apparel and headwear, has partnered with the Virtual Women’s Half Marathon Run Series as the exclusive headwear provider during its weekend of virtual events scheduled for October 17-18.
Duluth Holdings To Open Store In Orland Park, IL
Duluth Trading Company announced the grand opening of its 64th store in Orland Park, IL.
Bowling Green Extends Partnership With Nike, BSN Sports
The Bowling Green State University said it has extended its partnership with Nike through BSN Sports.
