SGB Update Apparel

5.11 Appoints VP Of Global Product

5.11, Inc., the maker of technical apparel, footwear and gear, welcomed Matt Page, former executive at brands like The North Face, Under Armour and Mountain Hardwear, to 5.11’s executive team as vice president, global product.

Cotton Council International Joins Sustainable Apparel Coalition

Cotton Council International (CCI) announced that it has joined the Sustainable Apparel Coalition (SAC) and will use the group’s sustainability measurement suite of tools, the Higg Index, to drive environmental and social responsibility throughout its supply chain.

Hummel Replaces Umbro As Everton Sponsor

Everton, the Premier League club, has agreed to a three-year kit deal with the Danish sportswear company Hummel. Umbro has been the sponsor since 2014.

Nike To Let Liverpool End Season With New Balance

Liverpool, the English Premier League club positioned to win its first title in more than 30 years, has reached a settlement with Nike that will allow the team to continue to wear their New Balance kit until the end of the season.

TJX’s Q1 Sales Tumble 52.5 Percent

The TJX Companies Inc. reported a net loss of $887 million, or 74 cents a share, in the first quarter against earnings of $700.2 million, or 57 cents, a year ago. Sales declined 52.5 percent to $4.4 billion from $9.28 billion a year ago. 

Canada Goose Lays Off 125 Employees

Canada Goose Holdings Inc has laid off 125 workers, about 2.5 percent of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.

Macy’s Warns Of $1 Billion Quarterly Loss

Macy’s Inc. predicted a first-quarter operating loss in the range of $905 million and $1.11 billion as the department store giant was forced to shut stores to slow the spread of the coronavirus. First-quarter sales are expected in the range of $3 billion to $3.03 billion, down from $5.50 billion a year earlier, a decline of 45 percent.

PGA Shows Cancels In-Person PGA Fashion & Demo Experience

After careful consideration and with guidance from health authorities and industry stakeholders, the PGA Fashion & Demo Experience, originally scheduled for August 18-19, 2020, at the Venetian Resort Las Vegas, will instead facilitate business connections through a series of digital programs starting in June with additional online offerings continuing throughout 2020.