SGB Update Apparel

Brooks Sees Record Year In 2018

Brooks Running Co. reported global revenue reached a record $644 million in 2018, a 26-percent year-over-year. The gain was driven by a 28-percent increase in global footwear sales. Apparel stabilized and grew 7 percent.

Sports Leaders Support Launch Of Reform Alliance

Philadelphia 76ers co-owner and Fanatics executive chairman Michael Rubin and Kraft Group CEO and New England Patriots owner Robert Kraft joined a number of other leaders across the worlds of sports, entertainment and business to launch Reform Alliance, an  organization dedicated to transform the American justice system. 

RYU Apparel Announces Non-Brokered Private Placement

RYU Apparel Inc., creator of urban athletic apparel, announced that it proposes a non-brokered private placement offering (the “Offering”) to raise up to $6,000,000 by the issuance of up to 80,000,000 units (each, a “Unit”) at a price of $0.10 per Unit less the maximum discount of 25 percent permitted under TSXV policies in one or more tranches.

L.L.Bean Gives $4 Million To Nonprofit Organizations In 2018

L.L.Bean announced year-end approval of its charitable program, contributing $4 million in grants, products and sponsorships in 2018 through its newly named L.L.Bean Outdoor Access Fund and L.L.Bean Community Fund. Grants included the National Park Foundation and The Trust for Public Land.

Rabbit Signs On As Apparel Sponsor For Aravaipa’s Black Canyon Ultras

Rabbit, the California-based running apparel manufacturer, has signed on to sponsor another of Aravaipa Running’s signature events, the Black Canyon Ultras. Races of both 60 and 100 kilometers will be contested next month on the world class Black Canyon National Recreation Trail north of Phoenix, AZ.

Ironman Appoints Chief Merchandise Officer

Ironman, a Wanda Sports Holdings Company, announced the promotion of 25-year experienced retail executive Jennifer Mocerino to chief merchandise officer for Ironman. Mocerino has been responsible for the expansion of retail operations to 26 countries and over 150 events globally.

Clarus Corp. Sees Q4 Exceeding Guidance

Clarus Corp. again lifted its guidance for the year ended December 31 due to healthy revenue increases in the fourth quarter. The gains were led by 8 percent growth from Black Diamond and 14 percent growth from Sierra Bullets.