SGB Update Apparel

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.

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.

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.