SGB Update Apparel
Tennis Industry Association Opposes New Tariffs On Imported Goods
The Tennis Industry Association is opposing proposed tariffs on products that are of specific concern to the tennis and racquet sports industry.
Active Ride Shop Giving Away $100,000 To Local High Schools
Active Ride Shop announced a commitment of $100,000 cash to Southern California high schools to help support school athletics.
Camping World’s Q2 Revenues Expand 13 Percent
Camping World reported sales grew 13.0 percent in the second quarter, helped by the launch of Gander RV Sales. Net earning declined in the period due to pre-opening expenses related to the Gander Outdoors store openings but adjusted pro forma net income increased 10.6 percent.
HanesBrands Recognized For Community-Building In Central America And The Caribbean
Forbes magazine has recognized HanesBrands, a socially responsible manufacturer and marketer of leading everyday basic apparel, as one of the most-admired companies in Central America and the Caribbean.
Delta Apparel Appoints New Board Member
Delta Apparel Inc. appointed Anita D. Britt to the company’s board of directors.
Columbia Appoints Chris Adamek To VP, Chief Of Staff For Columbia Brand
Columbia Sportswear has named Chris Adamek, who has been consulting with Columbia since January 2018, as the new vice president, chief of staff for the Columbia brand.
Clarus Raises Full-Year Outlook On Strong Q2
Clarus Corp. on Monday reported an adjusted net income increased to $2.6 million, or 9 cents per share, compared to an adjusted net loss of $3.4 million or (11) cents per share the same quarter a year ago, beating analysts’ consensus estimates by 9 cents.
Delta Apparel’s Q2 Earnings Improve
Delta Apparel reported a 9 percent gain in earnings on improving margins in the company’s basics segment and an 8 percent revenue gain.
Under Armour Returns As Austin Marathon Sponsor
High Five Events announced Under Armour Inc. has returned as the presenting sponsor of the Austin Marathon.
Cherokee Global Brands Announces Debt Refinancing
Cherokee Global Brands announced that on August 3, 2018, the company replaced the company’s former credit facility with a new $40 million three-year financing agreement with Gordon Brothers Finance Company and Gordon Brothers and new subordinated promissory notes with existing subordinated lenders.
Under Armour Appoints Mohamed El-Erian To Board
Under Armour Inc. announced that Mohamed A. El-Erian has joined the company’s board of directors, effective Oct. 1, 2018. Dr. El-Erian is the former CEO and co-chief investment officer of PIMCO, a role he held from 2007 to 2014, and currently serves as the chief economic advisor at Allianz, the corporate parent of PIMCO.
Dick’s To Open in Raleigh
Dick’s Sporting Goods will open a new store in Raleigh, NC, in August.
Asics Profits Tumble In Six Months
Asics reported earnings fell 70.7 percent in the six months ended June 30 as sales slid 5.4 percent. In the American region, sales plunged 22.4 percent.
Randa Accessories Ups Bid For Perry Ellis
Perry Ellis International Inc said the company had received a revised buyout offer of $28.90 per share from Randa Accessories Leather Goods.
Clemson, Nike Announce New 10-Year Deal
Clemson Athletics and Nike reached an agreement for a 10-year, $58 million extension to their all-sport partnership.
