SGB Update Apparel
Vineyard Vines Partners With The New England Patriots
Paying homage to their New England roots and love of football, Vineyard Vines will serve as the Official Style of the New England Patriots and their iconic home stadium, Gillette Stadium, with exclusive products available for purchase during the 2018 and 2019 seasons.
Vapor Apparel Relocating Corporate Headquarters
Vapor Apparel, the maker of sublimation-friendly performance apparel , is moving into a new corporate facility in Hanahan, SC.
Sears To Close Another 40 Stores
Sears Holdings, which filed for bankruptcy last month, said Thursday that 11 Kmart locations and 29 Sears stores will close their doors in February 2019. The retailer is already in the process of closing about 188 stores.
Cheerleading Injuries On The Decline
USA Cheer shared news of a recently published medical research study demonstrating how cheerleading rules can effectively maximize the safety of its participating athletes.
Dick’s To Kick Off The Holiday Season With ‘Biggest Black Friday Week Ever’
Dick’s Sporting Goods said it will be holding its “Biggest Black Friday Week Ever” with stores opening on Thanksgiving at 6:00 p.m. The retailer will also be offering Cyber Week deals online and “Hot Holiday Deals” at dicks.com and in-store throughout the holiday season.
Direct Alpine Seeking Brand Ambassadors
Direct Alpine, the technical outdoor brand based in the Czech Republic, is currently enlisting athlete ambassadors to represent the brand in the United States, in return for free gear and commissions for each sale made.
United By Blue Announces Series A Financing
United By Blue, the outdoor brand known for sustainable products that support ocean and waterway conservation, has raised a Series A financing round. The round was led by Emil Capital Partners with participation from CircleUp, Golda Darty, Connected VC, Patient Capital Collaborative, amongst others.
REI To Invest $1 Million In Thrive Outside Program
REI Co-op is investing $1 million in the Outdoor Foundation, the charitable arm of Outdoor Industry Association, to support the Thrive Outside program, designed to help young people’s social, emotional and academic development through the outdoors. REI joins VF Corp., Patagonia and Thule, which all made significant multi-year pledges during Outdoor Retailer Summer Market in July.
Duluth Trading Opens Store In South Portland, Maine
Duluth Trading announced the grand opening of its 45th store in South Portland, Maine.
Canadian Tire’s FGL Segment Resumes Growth In Q3
Canadian Tire Corporation reported retail sales at its FGL segment, including Sport Chek, were up 1.6 percent in the third quarter with comparable sales up 2.2 percent. The company said it also saw a “strong start” to newly-acquired Helly Hansen.
The Buckle’s Comps Dip in October
The Buckle Inc.announced today that comparable store net sales, for stores open at least one year, for the 4-week period ended November 3, 2018 decreased 1.0 percent.
Zumiez October Comps Increase 1.6 Percent
Zumiez Inc. reported that the company’s comparable sales increased 1.6 percent for the four-week period ended November 3 compared to a comparable sales increase of 6.6 percent for the four-week period ended October 28, 2017.
PlumRiver Agrees To Acquire CenterStone Technologies
PlumRiver Technologies on Wednesday announced that the company has signed an agreement to acquire CenterStone Technologies as part of a strategic move to create a standardized B2B e-commerce interface between manufacturers and retailers. Financial terms of the deal weren’t disclosed.
MEC CEO David Labistour To Step Down
After 11 years heading the organization, CEO David Labistour will be leaving his role at MEC ((Mountain Equipment Co-op) in June 2019, handing over to a new CEO who will continue the co-op’s journey to get people off the couch and active outside.
Sequential Brands Posts Loss On Impairment Charges
Sequential Brands Group Inc. reported a loss in the third quarter after absorbing an impairment charges related to the trademarks of two of the company’s non-core brands as well as expenses related to a strategic shift to a direct-to-retail license with Walmart for the Avia brand.
