SGB Update Apparel

Unifi’s CFO Resigns

Unifi Inc. said in a regulatory filing that Jeffrey C. Ackerman, the company’s executive vice president and chief financial officer, resigned on December 20. The exit was made by mutual agreement.

Moody’s Affirms Under Armour’s Debt Rating, Outlook Remains Negative

Moody’s Investors Service affirmed Under Armour, Inc.’s Baa3 senior unsecured rating. The rating outlook remains negative. Stated Moody’s apparel analyst, Mike Zuccaro,”The affirmation reflects our expectation for sequential improvement in operating performance and credit metrics over the next 12-18 months as the company advances through the last year of its multi-year transformation plan.”

Nike Smashes Expectations In Q2

Nike Inc. reported earnings rose 10.4 percent in the second quarter ended November 30 on a 9.6 percent revenue gain. Earnings and revenues both topped Wall Street’s targets as margins improved and strong sales were seen in  North America and China.

Demo Day To Be Held At Inaugural Racquet & Paddle Sports Conference

Racquet sports professionals can attend, free of charge, the Demo Day and Industry Welcome Party at the USTA National Campus on Wednesday, January 23, 2019. The Demo Day and Industry Welcome Party are part of the inaugural three-day Racquet & Paddle Sports Conference, January 23-25, in Orlando, FL. Complimentary industry registration is required to attend […]

NBA Experience To Open Disney Springs In Spring 2019

The one-of-a-kind destination – developed by Walt Disney Imagineering in collaboration with the NBA – will feature hands-on activities that immerse guests into the world of professional basketball.

Title Nine Partners With OutsidePR

Title Nine, the pioneer retailer of women’s activewear, announced a partnership with OutsidePR to serve as its public relations agency of record.

UNC Extends Deals With Nike

The University of North Carolina (UNC) announced a a 10-year extension of its contract with Nike. Nike will  remain the Tar Heels’ exclusive supplier of athletic footwear and apparel through June 2028. UNC also for the first time revealed Nike’s contract with Roy Williams and other coaches.

Amer Sports Buyout Begins Thursday

The consortium led by China’s Anta Sports seeking to acquire Amer Sports on December 20 commenced the voluntary recommended public cash tender offer for all the issued and outstanding shares in Amer Sports Corp

Batra Group Secures Tony Hawk License

The Batra Group and Cherokee Global Brands announced a new license agreement for the Tony Hawk for apparel and accessories in Europe, Middle East and Africa.