SGB Update Apparel

Hudson’s Bay Agrees To Amended Take-Private Deal

Hudson’s Bay Company, the Canadian parent of Saks and Hudson Bay, agreed to an amended deal to be taken private for C$11 per share. The offer comes from an investor group led by the retailer’s chairman, Richard Baker, an increase from the group’s previous offer of C$10.30 per share.

Spartan Looks To Acquire Tough Mudder

Spartan Race announced the acquisition of an exclusive option to acquire Tough Mudder’s UK, Canadian, and German events. It’s the first step in an effort to bring together a complete merger of the two obstacle course race leaders.

Impressions Expo Returns To Long Beach

Impressions Expo, formerly the Imprinted Sportswear Shows, will return to Long Beach, CA, on January 17 to 19, 2020, for its annual trade show with a new name, look and new special events.

Modell’s Signs Lease For Warehouse In Bordentown, NJ

Modell’s Sporting Goods has committed to a 312,373 square feet industrial lease at 201 Old York Road in Bordentown, NJ. The sporting goods retailer will house its logistics and distribution operations at the newly built, state-of-the-art facility owned by Matrix Development.

Sequential Brands Appoints CEO

Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, announced that brand executive David Conn has been appointed director and chief executive officer. Most recently, he served as CEO of ThreeSixty Brands, where he played a significant role in acquiring and relaunching the iconic FAO Schwarz and Sharper Image brands.

Report: Puma To Sponsor PSV Eindhoven

Puma will replace Umbro as the sponsor of PSV Eindhoven, the Dutch football club, according to Dutch newspaper Eindhovens Dagblad (ED).

NFHS Announces PepWear As New Corporate Partner

The National Federation of State High School Associations (NFHS) and the NFHS Network have entered into an agreement with merchandising company PepWear as a new corporate partner.

OBIT: David Stern

Tributes from current and former players, sports league executives and broadcast executives arrived following the passing of David Stern, the NBA’s commissioner during the most successful period in league history.

Report: Nike Bans International Shipments For Retailers

As of January 1, 2020, Nike is reportedly forbidding retail partners from shipping Nike products internationally, according to highsnobiety.com. The move is reportedly designed to provide Nike with more control over distribution and support demand for local drops.

PVH Makes $1M Donation To Gabelli School of Business

PVH Corp. launched a new partnership with the Gabelli School of Business at Fordham University, to establish a leading academic hub for the study of Corporate Responsibility (CR) and Sustainability.

Summersalt Secures $17M In Funding

Summersalt, a direct-to-consumer swimwear and travelwear brand based in St. Loius, has raised $17 million through a Series B funding round led by Mercato Partners.