SGB Update Apparel

Amazon Selects New York City And Northern Virginia For New Headquarters

Amazon announced that it has selected New York City and Arlington, VA as the locations for the company’s new headquarters. Amazon will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations, with more than 25,000 employees each in New York City and Arlington.

Roth Capital Partners Releases 2018-2019 Millennial Survey

Investment bank Roth Capital Partners has released the company’s 2018-2019 Millennial Survey, its seventh annual proprietary survey examining current trends, spending patterns and favorite brands across five consumer categories including dining and restaurants; healthy food, beverage and snacking; fitness and wellness; infant, juvenile and pet; and, fashion, personal care and décor.

Nike NYC To Debut In November

In a blog entry discussing the importance of brick & mortar stores in connecting with consumers, Heidi O’Neill, president of Nike Direct, said the new Nike NYC flagship will be opening in New York City this month.

Pac-12 And Nike Set Multi-Year Partnership

The Pac-12 Conference announced a multi-year partnership with Nike to make Nike the official athletic apparel partner and athletic footwear partner of the Conference and all Pac-12 championship events, including the Pac-12 Football Championship Game and both the Pac-12 Men’s and Women’s Basketball Tournaments.

Champion To Partner With RMU Esports Program

Robert Morris University-Illinois Associate Director of Esports, Jose Espin, announced an exclusive sponsorship agreement with Champion, a Hanesbrands subsidiary, making the North Carolina-based company the official apparel sponsor for the Eagles 2019-20 competition season.

Nike And Adidas Among Top Singles Day Sellers

Singles Day, essentially China’s Black Friday, on Sunday again broke records as Alibaba racked up more than $30.8 billion in the 24-hour shopping event, up nearly 27 percent year-on-year. Nike and Adidas were among the 237 brands seeing more than RMB100 million ($14.4 million) in sales for Alibaba on the day.

Mizuno’s Profits Slide In Half

Mizuno Corp. operating profits declined 9.5 percent in the first half ended September 30 as a slight improvement in gross margins couldn’t offset the drag from a 5.3 percent in sales. The Americas region returned to profitability.

Report: Adidas North America Hears Calls For Diversity

Employees at Adidas’ North American headquarters in Portland, OR are openly expressing frustration about the lack of opportunities for minorities, particularly African-Americans, at the firm, according to an article from Footwear News.

Mark Plaatjes Opens In Motion Running In Boulder, Colorado

Renowned physical therapist and co-founder of Boulder Running Company Mark Plaatjes announced the opening of In Motion Running, a new locally owned running specialty store that will integrate running shoes, apparel and accessories with a full-service physical therapy practice.

Iconix Stung By Sears Bankruptcy

Iconix Brand Group lowered its guidance for the year after taking a charge for the bankruptcy of Sears. Three of Iconix’s brands, Bongo,  Joe Boxer and Cannon, had direct-to-consumer agreements with Sears Holdings, the parent of Sears and Kmart.