SGB Update Apparel
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.
New Balance Foundation Reaches $100 Million In Total Grants
Boston-based New Balance Foundation announced it has reached a major milestone of $100 million in total grants to non-profits. From an initial $31,000 grant-making investment in 1981, New Balance Foundation contributions have grown to provide millions in funding to develop high-impact, long-term, sustainable initiatives that enrich the lives of children, their families and their communities.
Report: Adidas Appoints New Manager For Yeezy
Adidas has named Jon Wexler as the new general manager of Yeezy, Kanye West’s line, according to Sole Collector.
S&P Reduces Outerstuff’s Debt Ratings
Standard & Poor’s (S&P) lowered the debt ratings of Outerstuff LLC due to continued weak operating performance and liquidity pressure.
MP Brand Launches Phelps Test Team
MP Brand, Michael Phelp’s swim brand designed by Aqua Sphere, announced the launch of the Phelps Test Team, an all-new online platform designed for the global swimming community.
