SGB Update Apparel

The North Face To Sponsor Mountainfilm

Mountainfilm, the documentary film festival  held every Memorial Day weekend in Telluride, CO, announced The North Face as its new presenting sponsor.

Adidas Sees Supply Chain Constraints Slowing Growth In First Half

Adidas said it expects supply-chain bottlenecks in North America to slow its growth to between 3 percent and 4 percent in the first half of 2019 before accelerating in the second half. The company still expects growth between 5 percent and 8 percent on a currency-neutral basis overall in 2019, including high-single-digit growth in North America.

Report: Modell’s Hires Restructuring Adviser

Modell’s Sporting Goods has retained Berkeley Research Group as its financial adviser to explore restructuring options, including a possible bankruptcy, according to a report from the Wall Street Journal.

Dick’s Sees Return To Positive Comps In Second Quarter

Dick’s Sporting Goods reported fourth-quarter earnings exceeded Wall Street’s targets. Overall earnings and sales fell in the quarter due to a calendar shift. For the full year, the leading U.S. sporting goods chain predicted consolidated same store sales to be approximately flat to an increase of 2 percent, with positive consolidated same store sales beginning in the second quarter.

Nike Partners With UEFA Women’s Football

Nike has reinforced its commitment to the growth of women’s football by agreeing a landmark partnership with UEFA. The three-year deal sees Nike become an official partner of UEFA Women’s Football and the match ball supplier for UEFA Women’s competitions.

Adidas To Pay Equal Bonuses For Women’s Soccer World Cup Winners

Adidas said it plans to give the same bonus to any of its sponsored players on the Women’s World Cup-winning soccer team as their male counterparts.  The announcement follows news that the U.S. women’s national soccer team is suing their federation with allegations of gender discrimination, where all 28 members of the squad were named as plaintiffs in federal court.

Oiselle And Summit to Soul Form Partnership

Oiselle, the maker of women’s running and athletic apparel based in Seattle, has formed a partnership with Summit to Soul, a DC-based specialty retailer serving women athletes.

Indochino Partners With Boston Red Sox

Indochino, the specialist in custom tailored apparel, announced a partnership with the Boston Red Sox in advance of its second Boston location opening in the Seaport neighborhood.

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.