SGB Update Apparel

Sportsman’s Warehouse’s Q1 Comps Climb 3.4 Percent

Sportsman’s Warehouse widened the company’s loss slightly in the first quarter, but both the loss and sales came in at the high end of expectations. Same-store sales were up 3.4 percent in the quarter ended May 5.

Perry Ellis Committee Responds To George Feldenkreis’ Letter 

in response to George Feldenkreis’ letter, Perry Ellis’ Special Committee said the committee is “disappointed that rather than moving forward with constructive negotiations, Feldenkreis continues to mischaracterize the status of negotiations.”

Adidas Extends UEFA Champions League Partnership

UEFA announced the extension of Adidas’ partnership with the UEFA Champions League for the 2018–21 cycle as the Official Match Ball Supplier, continuing the company’s relationship with the sportswear company which began in 2001.

George Feldenkreis Sends Letter To Perry Ellis Board

George Feldenkreis, the founder of Perry Ellis who has made an offer to acquire the company, has sent a letter to the special committee of the board of directors of Perry Ellis, urging the board to immediately commit to an expedited timeline to conclude negotiations and enter into a definitive agreement in respect of his buyout proposal.

Fanatics Takes Over Fan Apparel In NFL Deal

The NFL said splitting responsibilities between Nike (outfitting the players and coaches) and Fanatics (outfitting the fans) demonstrates the league’s focus on consistently looking for new ways to improve the experience for fans, players and retailers.

Macy’s Appoints CFO

Macy’s Inc. announced that Paula A. Price will be appointed chief financial officer, effective July 9, 2018.

Nike Signs Sevilla

Nike signed Sevilla to a new three-year kit supply deal. New Balance’s deal with the La Liga club expired at the end of the 2017-18 season.