SGB Update Apparel
Ross Stores Announces Departure Of President And COO
Ross Stores Inc. announced that Michael O’Sullivan, the company’s president and chief operating officer since 2009, has resigned from the company and its Board of Directors effective immediately to accept a position with another company.
The Buckle Sees Slight Comp Gain In March
The Buckle Inc. announced that comparable store net sales for the 5-week period ended April 6 increased 0.5 percent year over year. Net sales remained flat at $82.3 million.
Adidas To Sponsor The Premier Lacrosse League
Adidas has signed a multi-year partnership to become the official athletic footwear and apparel brand of the new Premier Lacrosse League (PLL). The six-team league starts in June.
Asics To Return As Presenting Sponsor Of Los Angeles Marathon
Asics announced a five-year sponsorship deal to return as the official footwear and apparel partner and presenting sponsor of the Los Angeles Marathon beginning in 2020. Skechers Performance, a division of Skechers, took over sponsorship of the marathon in 2016.
James Gatto Settles Damages Claims
James Gatto, the former Adidas executive, agreed to pay $342,438 in restitution to Kansas, Louisville and N.C. State after being convicted on felony charges of wire fraud and conspiracy to commit wire fraud last October.
Kohl’s Earns Eighth Consecutive Energy Star Partner of the Year
Kohl’s announced that it has received the 2019 Energy Star Partner of the Year Sustained Excellence Award for continued leadership and superior contributions to Energy Star.
Canada Goose To Open Six Stores
Canada Goose announced plans to open six new stores with two in Europe, one in the United States and three in Canada.
REI Sees Record 2018 Financial Results
REI reported sales reached a record $2.78 billion in 2018, growing 6 percent year-over-year. More than 1 million new members were added during the year, bringing the co-op’s total membership to more than 18 million. REI also announced a major expansion of its rentals and used gear program and launched a new national campaign promoting the outdoors.
Under Armour Signs Mick Schumacher
Under Armour signed Mick Schumacher, Formula 2 driver and son of legendary F1 driver Michael Schumacher, to an endorsement deal.
Mammut Sees Healthy Growth In 2018
The Conzzeta Group, based in Switzerland, reported that its Outdoor segment (Mammut Sports Group) generated net revenue of CHF 253.4 million in 2018, up 10.9 percent, with double-digit growth in all three regions, Europe, America and Asia.
Fanatics Partners With University of Oklahoma
The Oklahoma Sooners and Fanatics have partnered to open The Sooner Shop, the flagship retail store for OU Athletics, located on the west side of Gaylord Family – Oklahoma Memorial Stadium.
Pearl Izumi And The Renewal Workshop To Offer CircleBack Program At Sea Otter Classic
Pearl Izumi and The Renewal Workshop are setting up shop at the Sea Otter Classic, April 11-14, 2019, to collect used Pearl Izumi gear to repair and refurbish through CircleBack, giving gently used products a second life instead of adding to landfills.
Puma To Become Formula 1’s Exclusive Retail Partner At Race Weekends
Puma announced a long-term partnership with Formula 1 to become the exclusive merchandise retail partner from the start of the 2019 season.
Running Race Participation Sees Slight Decline In 2018
The number of runners registering for organized races in the U.S. was down slightly in 2018, continuing a five-year gradual drawback of mass participation in recreational road racing, according to Running USA.
Uli Becker And Bernd Wahler Join Hype Sports Innovation
Hype Sports Innovation said Uli Becker, ex-president of Reebok, and Bernd Wahler, former president of VfB Stuttgart who also served as Adidas CMO, have joined the firm. Hype Sport also said it is launching a $75 million sports tech fund.
