SGB Update Apparel

USA Cycling Hires Former New Balance CEO Rob DeMartini

The USA Cycling Board of Directors has named Rob DeMartini as president and chief executive officer of  USA Cycling. DeMartini joins the organization from New Balance Athletics, Inc. where he spent the last 12 years as president and CEO.

Lacrosse Unlimited Appoints EVP Of Institutional Sales

Lacrosse Unlimited announced that Sean Haggerty has been brought on as executive vice president of institutional sales. Haggerty comes to Lacrosse Unlimited from BEA Partners where he led external strategic sales and marketing initiatives.

Adidas Extends Stock Buyback Program

Adidas announced the start of the second tranche of its current multi-year share buyback program announced in March 2018. The company intends to repurchase own shares worth around €800 million in 2019.

Retail Imports Level Off After Rush To Beat Tariffs

Imports at the nation’s major retail container ports have slowed down after a months-long rush to beat increased tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

WWE Names Sarah Cummins SVP, Consumer Products

WWE announced the appointment of Sarah Cummins as senior vice president, consumer products. Prior to joining WWE, Cummins was head of business development & strategic partnerships at New York Road Runners Inc.

SportPort Appoints Sector Sports To Initiate Retail Strategies, Business Development Expansions

Kim Highfield, CEO and founder of SportPort, a U.S.-owned, women-operated specialty athletic apparel company with headquarters in Charlotte, NC, announced the appointment of Greenville, SC-based Sector Sports & Associates to help develop strategic retail placements, business development activities and product line expansions for its women’s activewear business.

G-III Apparel  Names Fran Della Badia President Of AM Retail Group

G-III Apparel Group, Ltd. announced the appointment of Fran Della Badia as president of AM Retail Group, Inc., the retail subsidiary of G-III that operates stores and websites for its DKNY, Wilsons Leather, G.H. Bass and Karl Lagerfeld Paris brands and stores for the Calvin Klein Performance brand.

Hybrid Apparel Appoints Bill Hutchison As CEO

Hybrid Apparel on Monday announced that Bill Hutchison will join the company as CEO, effective January 14, 2019. As CEO, he will be responsible for all of Hybrid’s business and will report to the board of directors.

Sears Prepares For Possible Liquidation

Sears Holdings Corp. is preparing to potentially wind down the iconic retailer after Chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, according to reports.

Poler Ceases Operations

Poler, the Portland-based outdoor apparel firm, has filed a Chapter 7 bankruptcy to liquidate.

WSS Hands Out Thousands Of Toys To Their Communities

WSS, the sneaker retailer based in California, this holiday season, through their WSSCares! Initiative, and in partnership with Adidas and Mattel Toy Store, invited families throughout the season to WSS to host locations to pick out toys with their boys and girls. 

Callaway Golf Completes Jack Wolfskin Acquisition

Callaway Golf Company announced that it has completed the previously announced acquisition of Jack Wolfskin for €418 million, or approximately $476 million. The acquisition furthers Callaway’s push into the active lifestyle category after its successful 2017 acquisitions of TravisMathew and Ogio.

Outdoor Voices Opens Chicago Store

Outdoor Voices, the women’s activewear brand, has opened its  first Chicago store. The store is at 841 W Armitage Ave.