SGB Update Apparel
Toms Being Taken Over By Creditors
Toms Shoes LLC is being taken over by its creditors from founder Blake Mycoskie and private equity firm Bain Capital as part of a debt exchange.
Barneys Ends Online Sales
Barneys has ended online sales as it shifts clearance sales to solely focus on its remaining stores.
Jordan Brand Adds Luka Dončić
Jordan Brand added Luka Dončić, the 2018-19 NBA Rookie of the Year, as its latest brand ambassador. His initial deal with Nike expired earlier in the year.
Amazon Sees “Record Breaking” Holiday Selling
Amazon announced Thursday that it saw “record-breaking” sales this holiday season. The best-selling sports items in the U.S. this holiday season included Spalding NBC Street Outdoor Basketball, AmazonBasics Neoprene Dumbbell Pairs and Sets, AmazonBasics High-Density Round Foam Roller, LifeStraw Personal Water Filter, and Razor A Kick Scooter. Carhartt, Champion, Adidas and Columbia Sportswear ranked among top-selling apparel brands.
NFL Players Association And Dallas Cowboys Merchandising Sued For Counterfeit Complaints
The NFL Players Association and the Dallas Cowboys Merchandising companies have been sued over asserted false counterfeit complaints against Jersey World, a small business that sells sports products on Amazon.com.
Nike’s Q2 Easily Tops Wall Street’s Targets
Nike Inc. reported earnings in the second quarter ended November 30 rose 31.6 percent and climbed well ahead of Wall Street’s consensus estimate. Sales jumped 13 percent on a currency-neutral basis, led by robust gains in China and Europe. North America delivered a mid-single-digit sales gain.
SquadLocker Hires Senior Account Executive
SquadLocker, a leading uniform and custom team gear provider, hired senior account executive Karen Andreozzi Silveira to lead their School Uniform Initiative for the New England region.
Berghaus Hires New Head Of Category
Berghaus, the UK-based outdoor owned by Pentland Brands, appointed Paul Anderton as head of category for product and innovation.
Voxel8 Appoints President And CEO
Voxel8, a multi-material digital manufacturing company transforming design and production of footwear and apparel, announced the appointment of Dr. Friedrich (Fred) von Gottberg as president and chief executive officer and to the board of directors.
Columbia Sportswear Set To Join S&P MidCap 400
Columbia Sportswear Company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel, Accessories & Luxury Goods Sub-Industry index.
Apex Global Brands Delays Release Of Q3 Results
Apex Global Brands, formerly Cherokee Global Brands, announced that it will file with the U.S. Securities and Exchange Commission for an automatic five-day extension of the deadline for submitting its quarterly report on Form 10-Q for its Third Quarter ended November 2, 2019.
Sports Direct Sees Currency-Neutral Sales Drop 6.4 Percent In First Half
Sports Direct said it expects to increase profits by up to 15 percent this year after reducing losses at House of Fraser. In the first half ended October 27, sales on a currency-neutral basis decreased by 6.4 percent due to the chain’s continued elevation strategy. Revenues in U.S. operations were down due to store closings at Bob’s.
Symphony Holdings Acquires Skins
Symphony Holdings Limited announced that it had completed the acquisition of the global trademarks and patents of Skins, the Australian apparel manufacturer known for its compression products.
S&S Activewear Acquires Technosport Canada
S&S Activewear, based in Lockport, IL, has acquired Technosport Canada, a Montreal-based wholesale apparel firm that has distribution centers in Alberta, British Columbia, New Brunswick, Ontario and Quebec.
Champion To Sponsor PlayVS
Champion has become the uniform and fanwear provider of PlayVS, the official platform for high school esports competition, to join a number of other esports sponsorships.
