SGB Update Apparel
Delta Apparel Earnings Jump 59 Percent In Q4
Delta Apparel Inc. on Thursday reported diluted earnings per share for the fourth quarter ended September 29 climbed 59 percent to 43 cents a share, up from 27 cents in the prior-year fourth quarter.
Ron Parham Joins Cura Cannabis Solutions
Cura Cannabis Solutions, a provider of cannabis oil to both consumers and premium edible brands, has hired Ron Parham, a former VP at Columbia Sportswear, as VP investor relations.
Dillard’s Q3 Misses Wall Street’s Guidance
Dillard’s Inc. reported earnings in the third quarter came in well short of Wall Street’s targets as margin pressures offset a 3 percent gain in same-store sales.
Duluth Holdings To Open Store In Cary, NC
Duluth Trading Company announced the grand opening of its 46th store in Cary, NC.
JCPenney Withdraws Profit Outlook For Year
JCPenney lowered its sales outlook after reporting a shortfall in revenues in the third quarter. The department store also withdrew its guidance for earnings due to the hiring of a new CEO and an interim CFO.
Arena Signs Egyptian Talent Farida Osman
Arena announced that it has signed World Championship medallist Farida Osman in a sponsorship deal that runs through to the 2020 Tokyo Olympics. The 23-year-old Egyptian, a freestyle and butterfly sprinter, won the 50m butterfly bronze at the 2017 World Championships in Budapest.
Nike To Open Nike NYC On Thursday
Nike Inc. will open its newest Nike House of Innovation, on Thursday as Nike NYC: a 68,000 sq. ft., six-level, cross-category premium Nike store located at 650 Fifth Ave. Nike NYC is “the pinnacle expression of modern retail, representing the best of Nike global product, experiences and sport innovation.,” according to a statement.
Nike Names Craig Williams President Of Jordan Brand
Nike Inc. announced that effective Jan. 14, 2019, Craig A. Williams will become president of Jordan Brand. Williams joins Jordan Brand from The Coca-Cola Co., where he most recently served as senior vice president, The Coca-Cola Co. and president of The McDonald’s Division (TMD) Worldwide.
Modell’s Sporting Goods Re-Opens In Granite Run
Modell’s Sporting Goods is reopening its Granite Run location in the Promenade at Granite Run in Media, PA. This will bring Modell’s total store count to 156 locations.
VF Corp. Appoints Jan Van Leeuwen As VP, GM, The North Face, EMEA
VF Corp. has appointed Jan Van Leeuwen to the position of vice president, general manager, The North Face, EMEA Region. He will also serve on the global leadership team for The North Face brand.
Macy’s Lifts Full-Year Guidance On Q3 Beat
Macy’s reported quarterly earnings that topped analysts’ expectations as robust digital sales boosted results.
Canada Goose Raises Outlook On Strong Earnings
Canada Goose Holdings Inc. raised its guidance for the year after reporting second-quarter earnings that came in well ahead of Wall Street’s targets. Revenues grew 33.7 percent.
New Era Considering Closing Derby, NY Plant
New Era Cap Co., which is headquartered in Buffalo, said it is considering closing its manufacturing plant in Derby, NY, effective March 2019. A total of 219 jobs will be impacted. The plant represents New Era’s only headwear-manufacturing facility in the U.S.
REI Co-Op To Open First Store In Oklahoma In Fall 2019
REI Co-op is opening its first location in the state of Oklahoma, bringing a wide assortment of quality gear and expertise for the region’s most popular activities to Oklahoma City in fall 2019.
Inaugural Adidas x Woolmark Performance Challenge Winner Announced
Alicia Ferreira de Sousa from L’École de la Maille de Paris was named winner of the inaugural adidas x Woolmark Performance Challenge, presented at a special event during Outdoor Retailer Winter Market, Denver, CO.
