SGB Update Apparel

PVH Corp. Response To Covid-19 Outbreak
PVH Corp. announced that in response to the escalating global coronavirus outbreak, it will close temporarily all company-operated retail stores across North America and Europe, effective March 17 through March 29.

Kohl’s And Lands’ End Announce Partnership
Kohl’s announced a new partnership with Lands’ End to offer the retailer’s entire assortment of women’s, men’s, kids, and home merchandise on Kohls.com, directly fulfilled and shipped by Lands’ End, beginning fall 2020. Lands’ End merchandise will also be brought to 150 stores beginning fall 2020.

BN3TH Underwear Appoints North American Director Of Sales
BN3TH Apparel announced that industry executive Matt Keenan joined their team as the North American director of sales in February of this year.

Under Armour To Shut Doors To Combat Virus
Under Armour announced it will close all 188 of its company stores in North America from March 16 through March 28 as a precaution amid the global spread of coronavirus.

Columbia Sportswear To Temporarily Close Stores
Columbia Sportswear Company said it was closing its store locations from March 16 through March 27. The company also announced a number of other steps being taken in response to coronavirus.

VF Corp. To Shutter Stores Through April 5
In response to the global COVID-19 coronavirus outbreak, VF Corporation announced the temporary closure of all owned retail stores across North America, effective March 16 through April 5.

NRF: Retailer Leaders Issue Statement On Responsible Shopping During Covid-19 Pandemic
National Retail Federation President and CEO Matthew Shay and Retail Industry Leaders Association President Brian Dodge are advising consumers to shop responsibly during the coronavirus (COVID-19) pandemic.

RILA: Leading Retailers Step Up To Partner On Covid-19 Testing
Brian Dodge, president of the Retail Industry Leaders Association (RILA), issued a statement following the White House announcement for plans to develop a web portal and drive-through sites for coronavirus testing in partnership with leading retailers.

REI Retail Stores Closing Until March 27
REI Co-op is closing its retail stores from Monday, March 16, through Friday, March 27, to “help protect the health and safety of our employees and customers” from the coronavirus, CEO Eric Artz said in a statement.

Nike Closing Stores In Response To Coronavirus
Nike Inc. on Sunday said it is closing all stores in the U.S., Canada, Western Europe, Australia and New Zealand from Monday, March 16, through Friday, March 27, to limit the spread of the coronavirus.

The Buckle’s Q4 Earnings Rise 14 Percent
The Buckle Inc. reported earnings rose 14.4 percent in the fourth quarter as same-store sales grew 3.3 percent.

Kohl’s Postpones Investor Day Due To Coronavirus Spread
Kohl’s Corp. in a regulatory filing that it will postpone its investor day planned for Monday, March 16, as a coronavirus precaution. The retailer also noted that its certain categories “most affected by the virus” although it didn’t identify those categories.

Sequential Brands Suffers Q4 Sales Slide
Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, reported a loss in the fourth quarter as revenues slumped 31.3 percent.

Fanatics Partners With Inter Miami CF
Inter Miami CF, Major League Soccer’s (MLS) new South Florida expansion franchise, and Fanatics announced a new, long-term, omnichannel retail partnership.

Tilly’s Q4 Earnings Slump
Tilly’s Inc. said a higher-than-expected decline in store traffic and comparable sales during the second and third weeks of December resulted in a disappointing fourth quarter.