SGB Update Apparel

Mossy Oak Partners With OT Sports

OT Sports and Mossy Oak have partnered to add the camouflage patterns of Mossy Oak into professional sports markets for retail opportunities with fan jerseys and apparel and specialty jersey opportunities for professional players to wear during a game and later auction off for charity.

Nike To Change Pregnancy Policy In Athlete Contracts

Nike said Friday it was adding language to future contracts that would protect female athletes’ pay during pregnancy. The change comes after the brand received backlash last week for freezing compensation for some pregnant women under endorsement deals.

MEC Leads Fifth Annual Gustavson Brand Trust Index

The Peter B. Gustavson School of Business at the University of Victoria unveiled its fifth annual Gustavson Brand Trust Index that showed  Mountain Equipment Co-op (MEC) led this year’s ranking as the most trusted brand in Canada.

Nike’s Impact Report Shows Progress On Diversity

Nike Inc’s FY18 Impact Report showed Nike saw a 4 percent increase of VP-level representation of women in 2018, bringing the total to 36 percent. The report, the company’s first Impact Report, further revealed a 3 percent increase of VP-level representation of U.S. underrepresented groups, bringing the total to 19 percent.

Kathmandu Splits COO And CFO Functions

Kathmandu Holdings Limited said it is splitting the COO and CFO functions As part of a structural change aimed at enhancing its focus on international expansion while continuing to strengthen its Australasian operation. 

Snipes Acquires KicksUSA

European lifestyle retailer Snipes has acquired KicksUSA and will transition its brand, signage and operations to 62 existing KicksUSA stores along the East Coast.

Macy’s Q1 Tops Wall Street’s Targets

Macy’s,Inc. reported earnings declined in the first quarter but easily topped Wall Street’s consensus estimates. Same-store sales inched up 0.6 percent. The department store giant confirmed its guidance for the year.

Adidas Board Re-Elects Igor Landau As Chairman

Adidas re-elected Igor Landau as chairman of the Supervisory Board. In a statement, Adidas said Landau was re-elected “to accompany the current five-year strategic business plan, ‘Creating the New’, through to completion in the 2020 financial year and to ensure a smooth hand-over to a new Supervisory Board chairman.”