SGB Update Apparel

Moosejaw, Walmart Collaborate To Launch Two Outdoor Brands

Moosejaw, in collaboration with Walmart, is introducing two gear and apparel lines, Lithic and Allforth. The brands mark the first product collaboration between the two companies since Walmart acquired Moosejaw in 2017.

NRI Distribution Hires Marketing Manager

NRI Distribution, a third-party logistics (3PL) provider for aspirational lifestyle brands, hired Kelley Meidroth to a newly created marketing manager role. NRI also unveiled a new website and reported positive e-commerce news.

L.L. Bean Reopens Bike, Boat, Hunting And Fishing Stores In Freeport

L.L. Bean has re-opened its Bike, Boat & Ski Store and its Hunting & Fishing Store in its home town of Freeport, ME. The openings are in line with guidelines provided by Maine officials that deemed bike shops, fishing supply stores, and federally licensed firearms dealers as essential retailers.

PeopleForBikes Adds 60 New Member Companies

PeopleForBikes reported that 60 bike businesses have joined the industry coalition as new members since the organization merged with the Bicycle Product Suppliers Association (BPSA) in 2019.

Patagonia Sees Stores Opening In June At The Earliest

Patagonia does not anticipate opening any locations for in-store shopping until June, at the earliest, and it’s prepared to wait until the fall, or even early winter, according to a report in the New York Times.

Iconix’s Q1 Revenues Slump 22 Percent

Iconix Brand Group, the parent of Starter, Danskin and a number of other fashion and active brands, reported a loss after impairment charges in the first quarter on a 22 percent sales decline due, in part, to pressures from COVID-19. Iconix said it signed 41 license deals during 2020 and is making progress in improving its cost structure.

TJX Cos. Begins Reopening Stores

TJX Cos., the parent of TJ Maxx, Marshalls and Sierra, has started to reopen stores with a focus on safety. Associates are being required to wear face masks and social distancing work practices are being implemented.

Survey Finds Runners Hesitant To Return To Running In Groups

According to a survey of runners from the Road Runners Club of America (RRCA), 60 percent are comfortable running with five or fewer people once a return to larger group running is permitted. Fifty-one percent are comfortable with 10 or fewer runners, but the percentage of comfort drops significantly when group runs start to see 20 or more participants.

Outerstuff’s Debt Rating Lowered

Moody’s Investors Service lowered the debt ratings of Outerstuff LLC, the supplier of branded youth apparel for the major sports leagues. The downgrade reflects Outerstuff’s missed term loan principal and interest payments that were due March 28, 2020, and it enters into a forbearance agreement with term loan lenders on April 6, 2020.