SGB Update Apparel

Vail Resorts Sees Lift-Ticket Growth For Its Ski Season

Vail Resorts reported season-to-date total lift ticket revenue at the company’s North American mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 3.7 percent from the beginning of the ski season through April 15.

Nike’s VP Of Footwear Exits

Nike’s vice president of footwear, Greg Thompson, has left the company, a company spokesman confirmed to Reuters.

5.11 Opens Store In Downers Grove

5.11, the maker of tactical apparel and gear, recently opened a brick-and-mortar retail store in Downers Grove, IL. The location marks the brand’s 34th U.S. retail store opening and its 25th store opening in the past 18 months.

SurfStitch Acquired By Alceon Group

SurfStitch has been acquired by Alceon Retail Holdco Pty Ltd, a specialist advisory, investment and capital solutions firm who also own EziBuy Limited, a New Zealand-based apparel and homewares retailer.

Bon-Ton Stores To Shut Down

The Bon-Ton Stores Inc. announced that the department store chain would close down after a liquidator submitted the top bid at a two-day bankruptcy court auction.

OIA Releases First-Ever Congressional-Level Outdoor Recreation Economy Report

Outdoor Industry Association (OIA) released congressional-level Outdoor Recreation Economy reports for all 435 congressional districts. These reports are the first of their kind that captures the power of a vast multi-billion dollar economic engine in our local communities and across the nation.

Trump Backtracks On TPP Renewal

After floating the possibility on April 12 of rejoining the Trans-Pacific Partnership (TPP),  President Donald Trump wrote on Twitter late Tuesday that he didn’t think the deal was positive for the U.S. economy.

Two More Nike Senior Managers Exit

Vikrant Singh, Nike’s senior brand director for basketball in North America, and Daniel Tawiah, Nike’s VP of global brand digital-marketing innovation, have left the company, sources told the Wall Street Journal.

JD Sports Fiscal Year Profit Soars 24 Percent

Fresh off its acquisition of Finish Line Inc., JD Sports Fashion Plc reported profit before tax grew 24 percent to £294.5 million in fiscal year 2018 ended Feb. 3.

Keen Names Kate Sweeney As COO

Keen Inc. has named Kate Sweeney as COO. Sweeney joins the executive leadership at Keen to drive results as the brand continues to build and invest in its future growth.