SGB Update Apparel
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.
Asics Announces New Tennis Sponsorships
Asics announced the sponsorship of Borna Coric, Caroline Garcia and Iga Swiatek ahead of the start of the 2020 tennis season.
Report: Jimmy Butler Leaves Jordan Brand
Jordan Brand and Miami Heat star forward Jimmy Butler mutually agreed to part ways, according to ESPN.
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.
Trump Expects To Sign Initial Trade Deal On January 15
President Donald Trump says he will sign the “phase one” trade deal with China at the White House on January 15.
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.
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.
