SGB Update Apparel
Nike Extends Contract With BYU
Nike reached an agreement on a new seven-year contract Brigham Young University (BYU). BYU was one of the first universities in the country to join the Nike family by wearing its footwear back in the late 1970s.
Stage Stores Posts Q4 Loss, Commits To Off-Price Shift
Stage Stores Inc. reported a loss of $7.8 million in the fourth quarter as same-store sales slid 2.9 percent. The department store operator also said it is committed to shifting its focus to expanding the Gordmans off-price concept.
Mike Ashley May Drop Sports Direct Roles To Run Debenhams
Sports Direct International PLC said it has requisitioned a general meeting of Debenhams PLC to remove most of the department store chain’s directors and install Sports Direct’s founder and CEO, Mike Ashley, to lead the company. If appointed, Ashley will step down from his current roles as a director and CEO of Sports Direct.
The Buckle Sees February Comps Decline
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended March 2, 2019 decreased 6.8 percent.
Fleet Feet Pittsburgh Signs On As Title Partner Of The Liberty Mile
Pittsburgh Three Rivers Marathon, Inc. (P3R) announced that Fleet Feet Pittsburgh is the new title partner of the Liberty Mile, Pittsburgh’s only nighttime downtown road race.
National Park Service Visitation Tops 318 Million In 2018
Visitation to America’s national parks in 2018 exceeded 300 million recreation visits for the fourth consecutive year. The 318.2 million recreation visits total is the third highest since record keeping began in 1904.
Nike To Sign Female Soccer Star From Australia
Nike is set to sign Sam Kerr, the standout Australian female soccer player, to an endorsement contract of more than AUS$1 million a year. The 25-year-old will become the primary athlete Nike uses in their marketing in Australia, according to the Sydney Morning Herald.
Southern Wesleyan Announces Partners With Adidas And Vision Sporting Goods
Southern Wesleyan University, based in Central, SC, said Adidas would become the official outfitter of the Warriors beginning with the 2019-20 academic year. Vision Sporting Goods will design and service the athletic department exclusively.
Puma Golf Expands Relationship With Arnold Palmer
Puma Golf and Arnold Palmer Enterprises announced a multi-year partnership to design, develop and distribute co-branded apparel, footwear and accessories, that will honor the legendary golfer’s legacy for years to come.
Urban Outfitters’ Q4 Earnings Tops Wall Street’s Target
Urban Outfitters Inc. reported income on an adjusted basis rose 20.2 percent to $90.2 million, or 83 cents a share, from $75.0 million, or 69 cents, a year ago. Wall Street’s consensus estimate was 78 cents.
Eastern Tennessee State Partners With Nike And BSN Sports
Eastern Tennessee State said Nike and BSN Sports have partnered to become as the official apparel, footwear & equipment provider for Buccaneer athletics.
Sequential Brands Posts Loss In Q4
Sequential Brands Group, the parent of And1, Avia and Gaiam, reported a loss of $2.2 million in the fourth quarter ended December 31. Adjusted for a change in accounting methods, sales were up 6.4 percent.
Three Sentenced In College Basketball Recruiting Scandal
Former Adidas executive James Gatto was sentenced to nine months in prison Tuesday for his role in the widespread college basketball recruiting scandal that has tainted two dozen schools. Co-defendants Merl Code, an Adidas consultant, and basketball middleman Christian Dawkins, each received six months.
Nike Set To Become First Major Sponsor Of Los Angeles 2028
Nike is close to completing a deal to become the the first major sponsor of the 2028 Olympic and Paralympic Games in Los Angeles, according to the Sports Business Journal.
Patagonia Hires Former General Counsel Of EPA
Patagonia said is has hired Avi Garbow, the Environmental Protection Agency’s longest-serving general counsel, as environmental advocie to “ensure we are doing everything we can to protect our planet.”
