SGB Update Apparel
Little League Establishes New Executive Leadership Structure
A new executive leadership structure of Little League International was established following the annual fall meeting of the Little League International Board of Directors.
Big 5 Again Faces Activist Investors
Another activist group, led by former senior executives at Wal-Mart and Vans, have launched a website, www.SaveBig5.com, and sent out a press release urging shareholders to vote for them to fill two vacant seats on the board.
Performance Bicycle To Liquidate All Doors
Performance Bicycle in an amended bankruptcy filing said Gordon Brothers, which was initially to liquidate 40 Performance Bicycle stores, has been retained to liquidate the chain’s remaining 62 stores. The chain’s owner indicated stores may be reopening as part of the restructuring.
Fanatics Partners With Esports League
Fanatics announced an official retail and licensing partnership with Overwatch League. The multi-year deal is the first ever esports partnership for Fanatics, and is believed to be the first official merchandising deal between a major retailer and an official esports league
Report: Lululemon Founder Close To Joining Anta’s Bid For Amer Sports
Chip Wilson, Lululemon’s founder, is in talks to join Anta’s investment consortium in its bid for Amer Sports, according to a report from Bloomberg. Wilson, whose net value is reportedly worth $3.5 billion, is exploring taking a 20 percent stake in the consortium.
RILA Encouraged By Path Forward With China On Trade
Retail Industry Leaders Association’s vice president for international trade, Hun Quach, issued a statement following President Donald Trump’s meeting with Chinese President Xi Jinping during the G20 meeting in Argentina.
Golf Rounds Played Plunge In October
According to Golf Datatech, golf rounds played in the U.S. tumbled 10.3 percent in October.
Nike Earns Ad Age’s Marketer of the Year
Nike earned Ad Age’s 2018 Marketer of the Year for its Just Do It campaign starring Colin Kaepernick and how it sparked conversations.
FDRA Applauds Trade War Ceasefire
The Footwear Distributors & Retailers of America (FDRA) applauded the move by the Trump administration to suspend new trade tariffs.
AAFA Encouraged By News Of Trade War Truce
American Apparel & Footwear Association President and CEO Rick Helfenbein said that AAFA is encouraged by the news of a 90-day cease fire in the U.S.-China trade war – following the meeting between President Trump and President Xi on the sidelines of the G20 in Argentina on Saturday.
RYU Announces “Respect” Collaboration Featuring Designs From Local Artists
RYU Apparel Inc., creators of urban athletic apparel, celebrates its flagship opening in Williamsburg with a capsule collection highlighting four local New York artists.
NRF Welcomes Delay Of January 2019 Tariff Increase
The National Retail Federation praised the Trump administration’s decision to hold off on tariff increases that were set to take effect January 2019.
Vans Inks Global Partnership With Michael February
Vans announced South African pro surfer Michael February’s global Vans footwear and apparel partnership.
Callaway Golf Company To Acquire Jack Wolfskin
Callaway Golf Company announced that it has entered into an agreement to acquire 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.
Sears Secures Court Approval For Additional $350 Million Loan
Sears won court approval for $350 million in bankruptcy financing that will keep the retailer operating through the holiday selling season as it attempts to reorganize.
