SGB Update Apparel

Adidas Appoints General Manager Of Runtastic

Adidas announced the appointment of the new general manager for Runtastic. Scott Dunlap will head up the company’s leadership team in Linz as of May 27 together with co-founders Alfred Luger and Christian Kaar, as well as Mathis Gerkensmeyer.

JCPenney Makes Executive Hires

J. C. Penney Company appointed Steve Whaley as senior vice president, principal accounting officer and controller; Laurene Gandolfo as senior vice president for home product design and development; and Trish Adams as a strategic advisor to support the company`s transformation.

HanesBrands Celebrates Recognition For Environmental Stewardship

HanesBrands, the parent of Champion, has earned it 10th consecutive U.S. Environmental Protection Agency Energy Star Sustained Excellence/Partner of the Year award for continued success in energy conservation, carbon emissions reduction and environmental sustainability.

NFL Flag-In-Schools Program Enters Fifth Year

The NFL, USA Football, GENYOUth and Fuel Up to Play 60 announced the fifth year of the NFL Flag-In-Schools Program, which aims to increase physical activity among youth by providing Flag football resources to underserved school communities.

Tillys Partners With High School ESports League

High School ESports League (HSEL), the longest-running high school eSports organization, announced a partnership with Tillys Inc. to offer students care packages and the chance to compete for prizes through an augmented reality (AR) experience and mobile game at Tillys’ stores.

BSN Sports Acquires Rochester’s Valenti Sport

BSN Sports, the nation’s largest direct marketer and distributor of sporting goods to the school and league markets and a division of Varsity Brands, announced that it has acquired Rochester-NY based Valenti Sports.

JD Sports Sees Sales Vault 49.2 Percent In 2018

JD Sports Fashion Plc, the U.K.-based athletic footwear giant that acquired Finish Line last year, reported profits before taxes rose 15.5 percent in its year ended February 1 on a 49.2 parent revenue gain.

Puma To Become Official Partner Of LaLiga

Puma has entered into a long-term agreement to replace Nike as the Official Technical Partner of the Spanish football league, LaLiga. Starting from the 2019/20 season, Puma will produce the official match ball for all games.

Academy’s Debt Repurchase Seen As Distressed Exchange

Moody’s Investors Service said Academy Ltd.’s recent open market repurchase of a portion of its term loan at a significant discount is a “distressed exchange” and presents a “limited default” for lenders.

Asics Launches Program To Support Startups

Asics announces the launch of Asics Accelerator Program, a business partnership acceleration program, for startups. The program seeks ideas from startups for products, services, and contents that would contribute to business opportunities in 2020.