SGB Update Apparel
Amer Sports Q1 Earnings Pick Up
Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in its Outdoor segment helped offset currency headwinds.
Commission On College Basketball Urges Sweeping Reforms By NCAA
The Commission on College Basketball, chaired by former Secretary of State Condoleezza Rice, unveiled a wide range of recommendations to overhaul college basketball, including ending the one-and-done rule, potential lifetime bans for rule-breakers, and changes to the relationship between the NCAA and apparel companies.
Academy Sports Opens Store In Rolla, MO
Academy Sports + Outdoors opened the company’s first store in Rolla, MO.
Under Armour Signs Northeastern University
Under Armour Inc. will become the official outfitter of the Northeastern University Huskies beginning with the 2018-19 academic year.
Li-Ning’s Comps Climb Double-Digits In Q1
Li-Ning reported same-store-sales registered a low-teens increase on a year-on-year basis in the first quarter ended March 31.
Unifi’s Q3 Earnings Tumble
Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.
Arne Arens Joins The Conservation Alliance Board Of Directors
The Conservation Alliance welcomed Arne Arens, global brand president of The North Face, to its board of directors. Arens fills the seat vacated by the untimely passing of Ann Krcik, who represented The North Face on the board for three years.
Boardriders Completes Billabong Acquisition
Boardriders, Inc., the owner of Quiksilver, Roxy and DC Shoes, announced that it has completed the acquisition of Billabong International Limited.
Zion Armstrong To Replace Mark King As President, Adidas North America
Adidas has appointed Zion Armstrong as president of Adidas North America, effective July 1, 2018. Armstrong succeeds Mark King, who has decided to step down. Armstrong has co-led Adidas North America as general manager together with King since June 2015.
Puma’s Americas’ Sales Climb Double-Digits In Q1
Puma reported sales grew 15.6 percent on a currency-neutral basis in the Americas region in the first quarter. Overall sales on a currency-neutral basis climbed 21.5 percent.
Camping World Acquires Rock/Creek Outfitters
Camping World has acquired Rock/Creek Outfitters, based in Chattanooga, TN, according to multiple reports.
Adidas Partners With Prairie View A&M University
Prairie View A&M University and Adidas announced a new multiyear partnership in which Adidas will be the official athletic footwear, apparel and accessory brand of the Panthers.
Sportsmen, Conservationists, Patagonia Run Full-page Ad Against Fracking In Nevada’s Ruby Mountains
Thirteen conservation and sportsmen’s groups and outdoor apparel manufacturer Patagonia ran a full-page advertisement in Monday’s Elko Daily Free-Press opposing federal plans to open Nevada’s iconic Ruby Mountains to oil drilling and fracking.
Vans Opens Public Vote For The Ninth Annual Custom Culture Competition
This year, 500 qualifying schools participated by designing two pairs of blank Vans shoes illustrating the themes of ‘Local Flavor’ and ‘Off The Wall.’
Columbia Sportswear Appoints Snow Burns as Mountain Hardwear’s Head Of Marketing
Columbia Sportswear Company announced the appointment of Snow Burns to serve as global vice president of marketing for the Mountain Hardwear brand.
