SGB Update Apparel

Active Ride Shop Launches Referral Program

Active Ride Shop, the action sports chain based in Rancho Cucamonga, CA, has launched a new “The Crew” referral program that gives back to anyone 13 and up in cash and/or gear.

Newell Brands Appoints Christopher Peterson CFO

Newell Brands on Monday announced the appointment of Christopher “Chris” H. Peterson as executive vice president, CFO, further strengthening the Newell Brands leadership team as part of the company’s accelerated transformation plan.

Holiday Selling Off To Healthy Start

Black Friday pulled in $6.22 billion in online sales, up 23.6 percent from a year ago and setting a new high, according to Adobe Analytics. Traffic was seen declining again at physical stores but some reports showed the extent of the declines were lower than previous years.

Agenda Long Beach Shifts To Consumer Focus

Reed Exhibitions (RX) announced that it will postpone its Agenda Winter Long Beach trade event scheduled for January 3-4, 2019 at the Long Beach Convention Center. The Southern California edition of Agenda will evolve its platform to have a greater focus on the B2C festival in June 2019.

Foot Locker Partners With Funko On NBA Collection

Funko Inc. announced that it is now selling Pop! NBA figurines at Foot Locker. The Pop! players available include James Harden, Joel Embiid, Giannis Antetokounmpo, Kristaps Porzingis, and LeBron James, in an exclusive Los Angeles Lakers gold Icon Edition jersey.

MEC To Open In Saskatchewan

MEC, the outdoor co-up based in Vancouver, will open a new 20,000 square-foot store in Saskatoon in spring 2020, the Co-op’s first retail location in Saskatchewan.

Foot Locker Offers Upbeat Holiday View On Robust Q3

Foot Locker Inc. reported third-quarter earnings rose 9 percent before special items due to improved margins and a 2.9 percent gain in same-store sales. Earnings topped Wall Street’s average target by 3 cents. Dick Johnson, CEO, said the company is “well positioned to produce even stronger results in the all-important holiday selling season and the fourth quarter overall.”

The North Face Signs Lease In Mexico City

The North Face has signed a long-term lease at Town Square Metepec, a new lifestyle retail and entertainment center in Mexico City totaling 1.7 million square feet, according to real estate company Thor Equities Group.

Kohl’s Lifts Guidance On Improved Q3

Kohl’s Inc. raised its guidance for the year after reporting third-quarter results topped Wall Street’s targets. Earnings in the third quarter rose 38 percent as comps grew 2.5 percent.

TJX’s Q3 Disappoints With Holiday Guidance

The TJX Companies Inc. reported third-quarter earnings improved as comps grew a stronger-than-expected 7 percent but earnings came in lower than Wall Street’s targets and the off-price retail giant gave weak guidance for the holiday quarter.