SGB Update Apparel
Stage Stores Addresses NYSE Listing Standards
Stage Stores Inc. announced that it received notification from the New York Stock Exchange (NYSE) on January 28, 2019 that the company is no longer in compliance with the NYSE continued listing criteria.
Adidas Announces Multi-Year Partnership With Football Coach Dr. Jen Welter
Adidas announced a multi-year partnership with Dr. Jen Welter, the first female NFL coach and newly named Defensive Specialist Coach for the Atlanta Legends in the Alliance of American Football (AAF).
Wolverine Worldwide Makes Investment In Thrive Outside
Wolverine Worldwide is investing $300,000 in the Outdoor Foundation, the charitable arm of Outdoor Industry Association, to support the Thrive Outside Communities program, designed to help young people’s social, emotional and academic development through outdoor experiences.
Carhartt Opens 30th Company Store
Carhartt has opened the doors to its 30th company retail store, located within Towne Place at Garden State Park in Cherry Hill, NJ.
Columbia Sportswear Sues Seirus, Ventex For Patent Challenge Fraud
Columbia Sportswear North America, Inc. filed a $20,000,000 racketeering lawsuit against Seirus Innovative Accessories and Ventex Co. Tuesday, claiming the companies committed fraud and infringed on two of Columbia’s patents.
Alterra Mountain Company And The North Face Announce 5-Year Alliance
Alterra Mountain Company and The North Face have signed a 5-year retail, uniform and sponsorship agreement, making The North Face the official winter uniform outerwear partner of select Alterra Mountain Company destinations.
Snow Peak Strengthens Its North American Management With Three New Leaders
Snow Peak , the outdoor lifestyle company, announced it has welcomed three new members to its leadership team. Filling the roles of chief financial officer, chief operating officer and senior retail manager, Snow Peak USA is poised to make 2019 a year of major growth.
Pocket Outdoor Media Acquires Bicycle Retailer From Emerald Expositions
Pocket Outdoor Media, best known for publishing VeloNews, has acquired Bicycle Retailer & Industry News from Emerald Expositions. As part of the transaction, Bicycle Retailer & Industry News will no longer be published by the National Bicycle Dealers Association.
Golf Rounds Played Declines 4.8 Percent For 2018
According to Golf Datatech, golf rounds played in the U.S dropped 7.7 percent in December year-over-year while ending up down 4.8 percent for the year.
Invista Completes Sale Of Apparel & Advanced Textiles Business
Invista has completed the previously announced sale of its Apparel & Advanced Textiles business to an affiliate of Shandong Ruyi Investment Holding.
Neiman Marcus’ Chief Merchandising Officer To Resign
Jim Gold, president and chief merchandising officer of Neiman Marcus Group, will resign from his position, effective March 15.
Descente’s Profits Slide In Nine Months
Descente Ltd. reported net earnings slid 26.2 percent in the nine months through December 31 as sales increased 2.0 percent.
Moody’s Lowers Academy’s Debt Ratings Again
Moody’s Investors Service downgraded Academy’s debt for the second time since September 2018. The downgrades reflect Moody’s expectations for continued weak earnings and credit metrics in the near term, driven by a challenging operating environment, the transition of the company’s merchandising assortment, margin pressure from the mix shift to e-commerce and investments needed to improve the store and digital experience.
Unifi Announces Recipients Of 2nd Annual Repreve Champions Of Sustainability Awards
Unifi Inc. announced its second annual Champions of Sustainability awards.This year, a total of 68 companies are being recognized as Champions of Sustainability – a 36 percent increase from last year’s total. With their help, Unifi said it has now recycled more than 14 billion bottles that are used to make its Repreve performance fiber.
Nike Opens SNKRS Pop-Up Shop In Atlanta
Nike opened its first city-inspired SNKRS pop-up shop in Atlanta on 10th Street NW as well as a separate “Studio of Dreams” Super Bowl Content Studio nearby.
