SGB Update Apparel
Valentine’s Day Spending Set To Increase 32 Percent
Those celebrating Valentine’s Day plan to spend an average $196.31 this year, up 21 percent over last year’s previous record of $161.96. Spending is expected to total $27.4 billion, up 32 percent from last year’s record $20.7 billion, according to the annual survey released by the National Retail Federation.
VF Corp. To Move Global Innovation Center To Denver
VF Corp. will move its Global Innovation Center in Alameda, CA to Denver, according to the Denver Business Journal.
CGPR Sold To French/West/Vaughan
French/West/Vaughan (FWV), the public relations, advertising and digital marketing agency based in Raleigh, NC, announced the acquisition of CGPR, a public relations and marketing agency specializing in the active lifestyle, outdoor, ski, fashion, technology and travel sectors.
Life Is Good Partners With Austin Adventures, High Sierra And American Tourister
Life is Good announced a three- year partnership extension with Austin Adventures, the tour service, and High Sierra and American Tourister, Samsonite’s adventure and lifestyle luggage brands. High Sierra will become the official gear partner of Life is Good Adventures.
Emerald To Change Name
Emerald Expositions Events Inc., the parent of Surf Expo, Outdoor Retailer and other trade shows, unveiled the launch of its new brand identity, vision, and corporate website. The company intends to formally change its corporate name to Emerald Holding Inc.
Kohl’s Adds Board Member
Kohl’s has appointed Yael Cosset to its board of directors. Cosset is senior vice president, chief information officer of The Kroger Co.
Delta Apparel’s Q1 Sales Slide Six Percent
Delta Apparel Inc. reported sales in the first quarter ended December 28 fell 5.7 percent due to declines at Delta Group segment and Salt Life Group. Net income was down slightly excluding non-recurring charges in the year-ago period.
Dick’s Announces Grand Openings For Three New Stores In February
Dick’s Sporting Goods will be expanding its nationwide footprint with the opening of two Dick’s Sporting Goods stores, one including a Golf Galaxy, in February. The stores are in Tyler, TX and Birmingham, AL.
Kate Upton Becomes Face Of Canada Goose’s Spring 2020 Campaign
Canada Goose announced that supermodel, actress and Polar Bears International (PBI) Ambassador, Kate Upton, has been signed on as a Goose Person. Upton will become the face of the brand’s Spring 2020 global campaign.
VF Corporation Announces Cash Tender Offer For Debt
VF Corporation announced the commencement of cash tender offers for a combined $750,000 in notes.
JCPenney Expands Leadership Team
JCPenney announced the appointment of six vice presidents, including a vice president of business development, chief customer officer, vice president of marketing, and vice president of customer engagement and insights.
Spyder Active Sports Partners With CBD Universe
CBD Universe, a private label manufacturer and distributor in the hemp industry, and Spyder, the ski and performance brand, have partnered to create a hemp-infused product line built for an active lifestyle.
Stein Mart Enters Into Transaction To Go Private
Stein Mart Inc. entered into a definitive merger agreement under which an affiliate of Kingswood Capital Management, L.P. will acquire all of the outstanding common stock of Stein Mart not already beneficially owned by affiliates of Jay Stein, Stein Mart’s former CEO and current chairman of the Board of Directors, for 90 cents per share in cash.
NRF And RILA Welcome Signing Of USMCA Legislation
The National Retail Federation (NRF) and Retail Industry Leaders Association (RILA) each welcomed Wednesday’s signing by President Trump of legislation to implement the United States-Mexico-Canada Agreement.
H&M Appoints New CEO
H&M said Karl-Johan Persson has stepped down as CEO to assume the role of chairman, after his father Stefan said he would relinquish that role. COO Helena Helmersson has been appointed CEO.
