SGB Update Apparel

CODI’s Debt Ratings Downgraded

Moody’s Investors Service downgraded Compass Group Diversified Holdings LLC’s Corporate Family Rating (CFR) to B1 from Ba3 for the company’s proposed refinancing of existing credit facilities.

Under Armour And Nike Sales Decline At Dick’s In 2017

Apparently due to the company’s rapidly-expanding private label business, Dick’s Sporting Goods sold less of both Nike and Under Armour product in 2017 versus the prior year, according to the retailer’s just-released annual 10K report.

DC Shoes Appoints VP Of Footwear

Southern California-based lifestyle and skate brand DC Shoes Inc. announced the appointment of Cory Long as vice president of footwear.

China Hits U.S. With Food Tariffs

China raised import duties on a $3 billion list of U.S. pork, apples and other products Monday in retaliation for the Trump Administration’s tariffs on steel and aluminum.

REI To Sponsor Dirt Fest Pennsylvania

Rotating Mass Media announced REI as a sponsor of Dirt Rag Dirt Fest Pennsylvania 2018. This partnership highlights the continuing convergence of the cycling and outdoor industries.

Patagonia Blog Entry Rails Against National Monument Reductions

In a scathing blog entry on the company’s website entitled “The President Stole Your Land and You Were Lied To,” Patagonia called the president’s reductions of the Bears Ears and Grand Staircase-Escalante National Monuments “nothing more than a political favor.”

CODI Proposes Debt Offering

Compass Diversified Holdings (CODI) plans to commence an offering of $400 million of senior unsecured notes due 2026 in a private offering.

Netshoes’ Sales Climb 1.9 Percent In Q4

Netshoes Ltd., the Latin American online retailer of sporting and lifestyle goods, reported a reduced loss in the fourth quarter as sales increased 1.9 percent.

Gildan Activewear Nominates Four Board Members

Gildan Activewear Inc. announced that its board of directors has nominated Maryse Bertrand, Marc Caira, Charles M. Herington and Craig Leavitt as director nominees to be voted on by the company’s shareholders at its upcoming annual meeting.