SGB Update Apparel

Adidas Signs Kylie Jenner

Kylie Jenner has signed on as a brand ambassador for Adidas. The 21-year-old reality TV star and Kylie Cosmetics founder had been with Puma.

Perry Ellis Sees Gains In Golf Sportswear And Nike

Perry Ellis International reported flat earnings in the second quarter ended August 4. Sales were down in part due to business exits but Original Penguin, Golf Sportswear and Nike all saw robust growth.

PVH Corp. Tops Q2 Revenue, Earnings Guidance

PVH Corp. reported revenue for the second quarter increased 13 percent (increased 11 percent on a constant currency basis) compared to the prior year period and exceeded guidance.

Tilly’s Beats Income, Revenue Estimates In Q2

Tilly’s Inc. on Wednesday reported net income for the second quarter ended August 4 of $9.7 million, or 33 cents per diluted share, compared to a net loss of $0.6 million, or 2 cents per share, the same quarter a year ago.

CrossFit And Reebok Settle Licensing Dispute

While the details of the settlement remain confidential, the settlement includes a payment to CrossFit for disputed royalties. Reebok will continue its Crossfit partnership.

Dick’s Q2 Misses Sales Estimates

Dick’s Sporting Goods reported a modest gain in profits that easily topped Wall Street’s targets, but sales came in lower than plans due to the company’s decision to exit some hunt and electronics categories and “significant declines” at Under Armour. Dick’s lifted earnings guidance but lowered the company’s comp guidance for the year.

Black Diamond Sends Walmart Cease And Desist Letter

Black Diamond Equipment, Ltd. sent Walmart a cease and desist notice in response to news Monday announcing the launch of a new outdoor website on Walmart.com curated by Moosejaw. In response, Wal-Mart in a statement said it feels the Premium Outdoor site will be a “really positive development” for the outdoor community and Wal-Mart and Moosejaw will continue to seek out brands that “share our commitment to driving a truly inclusive outdoor industry.”

Stio Ramps Up Hiring

Stio, the mountain lifestyle brand headquartered in Jackson Hole, WY, recently announced numerous new hires to support the company’s continued growth.

PVH Launches Izod In Europe

PVH Corp announced that it will be launching Izod in Europe this fall, starting in Spain, Germany, the Netherlands and Scandinavia.