SGB Update Apparel
Delta Apparel Increases Share Repurchase Authorization by $10 Million
Apparel, headwear and related accessories company Delta Apparel Inc. on Tuesday announced that the company’s board of directors has approved a new authorization under the company’s stock repurchase program for the repurchase of up to an additional $10 million of the company’s outstanding common stock, bringing the total amount authorized under the program to $60 million.
REI Co-Op To Open Store In Vernon Hills, IL
Outdoor co-op REI will be officially open for business in Vernon Hills, IL, on September 28 in the Mellody Farm shopping center at 901 North Milwaukee Avenue.
Fanatics Continues Global Expansion With New Tech Hub In India
Fanatics opened a new technology innovation center in Hyderabad, India.
Unifi Appoints Jorge Salazar As GM Of Unifi Central America
Unifi Inc. on Tuesday announced the appointment of Jorge Salazar as general manager of Unifi Central America Ltda. de CV (UCA).
VF Corp. Selects Denver’s Lower Downtown District For New Global Headquarters
VF Corp. on Tuesday announced that the company has selected 1551 Wewatta Street in Denver’s Lower Downtown (LoDo) district for the company’s new global headquarters.
The North Face Launches “New Explorers” Campaign
The North Face launched a global campaign “to inspire the spirit of curiosity and enable a generation of new explorers through an expanded definition of exploration as a state of mind.” The campaign includes rapper/producer Pi’erre Bourne, snowboarder Jess Kimura, filmmaker Jimmy Chin and activist Mikhail Martin.
Lululemon Athletica Names Sun Choe Chief Product Officer
Lululemon Athletica Inc. announced the promotion of Sun Choe to the role of chief product officer. Choe joined Lululemon in 2016 as senior vice president of global merchandising and subsequently assumed expanded responsibilities for all product functions on an interim basis.
Texas Farm Bureau Bans Employees From Wearing Nike
The Texas Farm Bureau, the state’s largest organization representing farmers, is telling employees they can no longer wear branded Nike apparel on the job following the controversy over Nike airing TV commercials featuring former NFL quarterback Colin Kaepernick.
Columbia Sportswear Appoints Dean Rurak SVP Of North America Sales
Columbia Sportswear Co. on Monday announced the following management changes within the company’s North America Sales team. Dean Rurak, Columbia’s vice president of U.S. apparel sales, has been appointed senior vice president of North America sales for the Columbia brand, replacing Joe Craig.
Aventura, Ecoths Sponsor Continental Divide Trail Coalition
Family-owned and operated active lifestyle brands Aventura and Ecoths have partnered with the Continental Divide Trail Coalition (CDTC) as the official clothing sponsors. Both eco-conscious brands will outfit the entire CDTC staff with sustainable and adventure-ready styles for them to wear at events and in the office.
Rhone Partners With The D10
Rhone, the activewear and lifestyle brand, announced a partnership with The D10, a national tour that uses athletic competition to produce a profound impact on pediatric cancer research.
New Era Becomes Official Outfitter Of CFL
The Canadian Football League announced that New Era Cap will become the league’s official outfitter, supplying all authentic on-field product to the league’s nine member clubs, starting in 2019.
Sears Holdings Widens Q2 Loss
Sears Holdings Corporation reported a net loss of $508 million, or $4.68 a share, compared to a net loss of $250 million, or $2.33, for the second quarter of 2017. Total sales were down 25.6 percent due to store closings. Comps slid 3.9 percent.
Louisiana Mayor Rescinds Nike Ban
The mayor of Kenner, LA who banned his city’s recreation department from buying Nike products after news of Nike’s controversial Colin Kaepernick ad, is rescinding his order.
PGA Tour Superstore Opens In Indianapolis
PGA Tour Superstore announced the Grand Opening of its newest store in Indianapolis on Saturday, September 22.
