SGB Update Apparel
Adidas Signs Alix Klineman
Adidas announced multi-year partnerships with 2017 AVP Beach Volleyball Rookie of the Year Alix Klineman. The 6’5” athlete from Manhattan Beach will become the face of Adidas Volleyball.
JC Penney To Open Fanatics Shops
JC Penney has partnered with Fanatics Inc. to open 325 Fanatics in-store shops selling team apparel. An additional 325 Fanatics destinations will be open by the back-to-school season.
Eddie Bauer, PacSun Combined Under New Operating Company
Golden Gate Capital announced that the company has established a new operating company, PSEB Group. PSEB will be composed of two Golden Gate portfolio companies: Eddie Bauer and Pacific Sunwear of California. In connection with the establishment of PSEB, Golden Gate will invest additional equity in PSEB to support the company’s growth.
Under Armour Names Brothers & Co. PR Agency
Under Armour Inc. announced Friday that the company has retained Tulsa, OK-based Brothers & Co. as the company’s public relations agency for the UA Hunt, UA Fish, UA Freedom and UA Tactical categories.
Lululemon To Repurchase 3.3 Million Shares from Advent International
Lululemon Athletica Inc. announced that the company has agreed to repurchase 3.3 million shares of the company’s common stock in a private transaction with funds affiliated with Advent International Corporation.
Sherpa Adventure Gear Bolsters Mid-Atlantic Sales Team
Sherpa Adventure Gear announced the company’s newest sales member, Kurt Schumann, for the Mid-Atlantic region.
The Buckle’s May Comps Climb
The Buckle Inc. announced that comparable store net sales increased 3.6 percent.
Zumiez Tops Q1 Estimates Behind Strong Revenue, Comps
Apparel and footwear retailer Zumiez Inc. reported a net loss of $2.6 million, or 10 cents per diluted share, in the first quarter of fiscal 2018 ended May 5, compared to a net loss of $4.4 million, or 18 cents per diluted share, in the prior-year first quarter. The company beat analysts’ consensus estimates by 2 cents per share. Total […]
Tasc Performance Partners With PGA Tour
Tasc Performance, the maker of performance-lifestyle apparel, announced the brand’s first partnerships in professional golf.
NRF: Retail Imports To Hit Record Numbers This Summer
Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released Thursday by the National Retail Federation and Hackett Associates.
Puma Launches Global Media Review
Puma has launched a global agency review. The company has been working with Publicis Media’s Blue 449.
NRF/University Of Florida Survey: Retail ‘Shrink’ Decreased In 2017
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes, according to the annual National Retail Security Survey released Wednesday by the National Retail Federation and the University of Florida.
Russell Athletic Partners With Augusta Sportswear
Russell Athletic and Augusta Sportswear have announced a strategic partnership to bring Russell Athletic uniforms back to the team sports channel. With this partnership, Augusta Sportswear becomes the official team sports partner of Russell Athletic and will exclusively manufacture, market and sell team uniforms and other team-specific products.
Jon Sinko Joins Element from Adidas
Element announced the addition of Jon Sinko to the company as VP, global merchandising and design, overseeing the brand’s product function globally.
Duluth Holdings Beats On Income, Misses On Revenue
Duluth Holdings Inc. reported first-quarter net income that beat analysts’ estimates and revenue that fell short. The apparel and accessories company posted a net loss of $0.7 million, or 2 cents per diluted share, compared to net income of $0.4 million, or 1 cent per diluted share in the prior year-first quarter. Analysts expected a loss of 5 cents per share.
