SGB Update Apparel
Fanatics Partners with Inter Milan
Under the partnership, Fanatics will provide Inter Milan with exclusive collections, locally relevant designs, an expanded product range, an online and in-store experience, and improved product availability.
Tommy Bahama Parent Revises Fiscal 2025 Guidance as EPS Shrinks Year-Over-Year
Oxford Industries, Inc., parent of the Tommy Bahama, Lilly Pulitzer and Johnny Was brands, reported consolidated net sales for the fiscal 2025 first quarter ended May 3 were $392.9 million, a 1.3 percent decline compared to $398.2 million in the fiscal 2024 first quarter.
Nike Appoints Director, Waste & Circularity
Alice Hartley was previously director of circularity at Under Armour after spending 11 years at Gap, Inc. as director of Product Sustainability and Circularity.
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Minnesota’s Adler’s Sporting Goods & Apparel Acquired
Adler’s Sporting Goods & Apparel, a sporting goods seller and embroiderer based in Rochester, MN, has been acquired by Beckley’s Office Products, also based in Rochester.
Stitch Fix Returns to Growth In Fiscal Q3
The company narrowed its loss in the fiscal third quarter ended May 3 while showing its first quarterly sales gain since the second quarter of 2022. The styling service lifted its guidance for the year.
Newton Golf Company Appoints CFO
Newton Golf Company hired Jeff Clayborne as chief financial officer, effective immediately. Most recently, he served as chief financial officer of Perfect Moment, a performance apparel brand.
Pickleball Kingdom to Open Club In Austell, GA
The Austell club, spanning approximately 25,000 square feet, will feature 10 professional-grade indoor courts, with a target opening of winter 2025. Nithi and Usha Anand, franchisees of Pickleball Kingdom, will manage the club.
NFIB: Small Business Optimism Rises For First Time This Year
A gauge of sentiment among small businesses, rose to 98.8 in May from 95.8 in April, bringing the Index back above its long-term average, represented by a reading of 98. The increase ends a four-month streak of weakening sentiment.
Duluth Holdings Undergoes Layoffs
As part of its expense savings initiatives to rightsize the business, the retailer reduced its workforce by 51 employees, or 3 percent of its total workforce, on June 4.
Authentic Brands Group Establishes APAC Headquarters in Shanghai
The Shanghai HQ will support Authentic’s growing brand portfolio, including Reebok, Champion, Quiksilver, Billabong, and Sperry, as well as its network of partners across the Greater China region and APAC market.
Yonex Appoints President Of North America Operations
LaNiece Douglas’ hire “will support Yonex’s stepped-up plans to expand in the U.S.” She was VP of and head of U.S. retail for Adidas since 2020.
Adidas, Shoe Palace and Skechers Stores Hit by LA Looters
An Adidas store in downtown Los Angeles on Broadway and Shoe Palace on Main Street, were hit by looters Monday night, June 9, as the civil unrest following days of anti-ICE protests continued overnight.
Orvis to Close Chicago Store
The storefront, located on the Magnificent Mile, will close on July 24, after two decades, “due to the changing retail landscape on the Magnificent Mile.”
Arc’teryx, Atomic, Keen, Vuori, and Gregory Top REI Vendor Partner of the Year Honors
Established in 1993, REI’s Vendor Partner of the Year awards program “honors brand partners that demonstrate remarkable philosophy and partnership with the co-op and that drive impact for the outdoor industry.
Woolrich Appoints New CEO
Lorenzo Flamini’s appointment comes as the Baoxiniao sale marks a new company strategy focused on consolidating its presence in Europe and accelerating growth in the Asia-Pacific region, which currently accounts for around 5 percent of its global business.
