SGB Update Apparel
PACT Apparel Closes Second Round Of Funding
Wear Pact LLC (PACT), a Boulder, CO-based ethical and organic apparel basics brand, announced that the company has closed the second round of equity financing with Revelry Brands LLC.
Lululemon Names Patrick Guido Chief Financial Officer
Most recently, Guido served as treasurer and vice president of corporate development at VF Corp., managing capital allocation strategies, mitigating global financial risk, and executing on multiple strategic initiatives for the company.
Report: Under Armour MLB Deal Delayed Until 2020
Under Armour’s deal to make Major League Baseball uniforms will now start in 2020 instead of 2019, multiple sources confirmed to ESPN.com.
Big Day For Americans At Boston Marathon
Desiree Linden, who trains for the Hansons-Brooks Original Distance Project, became the first American woman to win Boston since 1985. She joined a number of American women and men finishing among the top ten in the race.
Nike’s Head Of Diversity Exits
Antoine Andrews, Nike’s VP, diversity and inclusion, has left the company, according to Bloomberg. His exit comes after allegations of inappropriate workplace behavior led to changes in March in Nike’s executive ranks.
March Retail Sales Increased 5 Percent Over Last Year
March retail sales increased 0.3 percent seasonally adjusted over February and 5 percent year-over-year as the economy continued to grow, the National Retail Federation said. Sporting goods stores were down 0.9 percent year-over-year and down 1.8 percent from February seasonally adjusted.
The Conservation Alliance Kicks Off First Backyard Collective Event
More than 200 volunteers from six member companies participated in The Conservation Alliance’s Backyard Collective stewardship event in Santa Barbara, CA on Thursday, April 12.
Headsweats Is Official Headwear Partner Of MultiRace For Second Year
Headsweats, the manufacturer of performance headwear, announced a partnership with multi-sport event management company MultiRace for the second year in a row.
ACT Lab Adds Phil Bash To Global Sales Team
ACT Lab, the independent, third-party accredited laboratory that conducts safety and compliance testing for the bike and outdoor industries, has announced the addition of Phil Bash to the lab’s global sales team, effective immediately.
Outdoor Recreation Roundtable Outlines Priorities With Beltway And Industry Leaders
Congressional and administration officials joined recreation industry leaders on April 12 to mark the formal launch of the nation’s premier coalition of outdoor recreation trade associations, the Outdoor Recreation Roundtable (ORR).
Nike Awards Community Grants To Nine Memphis Nonprofits
The Nike North America Logistics Campus in Memphis presented $80,000 in grants in $5,000 to $10,000 increments to nine local organizations focused on helping kids become more physically active.
Unifi Lowers Guidance On Margin Pressures
Unifi Inc. reported third-quarter earnings came in lower-than-expected due to a “challenging global cost environment and softer domestic demand.” Revenues rose 3 percent.
Sportsman’s Warehouse To Hold Grand Opening In Walla Walla
Sportsman’s Warehouse is expanding operations to include a new retail location in Walla Walla, WA.
Amer Sports Restates 2017 On Accounting Change
Amer Sports has adopted the new IFRS 15 standard ‘Revenue from Contracts with Customers’ as of January 1, 2018. As a result of the adoption, Amer Sports has restated the 2017 figures by using the full retrospective method.
Umbro Replaces Puma As Huddersfield Kit Supplier
Huddersfield Town, the English soccer side, announced a four-year partnership with Umbro. Puma had supplied Huddersfield’s kit since 2013.
