SGB Update Apparel

G-III Apparel’s Q4 Sales Jump 18.5 Percent

G-III Apparel Group Ltd. reported sales for the fourth quarter ended January 31, 2018 jumped 18.5 percent to $715 million from $603 million in the fourth quarter last year.

NSGA Sports Participation Study Shows Mixed Performance

Early figures from the 2018 edition of the NSGA’s Sports Participation showed continued participation gains in Open Water Sports and Outdoor Activities while declines were suffered in Team Sports, Fitness Activities, Shooting Sports and Indoor Games.

USA Basketball, NBA Set New Rules, Standards For Youth Basketball

USA Basketball and the National Basketball Association (NBA) announced a set of guidelines for youth basketball designed to enhance helping beginning players learn the fundamentals of the game. They include smaller basketballs, lower rims, no zone defense and no three-point scoring for players 11 years old and younger.

USFIA Criticizes Proposed Tariffs

USFIA (United States Fashion Industry Association) issued a statement expressing its concerns about the detrimental impact broadly applied tariffs could have on the apparel, footwear, accessories, and home textiles sectors.

Snow Fall Boosts February Bookings In Western Resorts

According to Inntopia in their monthly DestiMetrics Market Briefing, as of Feb. 28, bookings at western ski resorts made in February for arrivals in the month surged up 15.6 percent compared to last year at the same time. Aggregated occupancy for the month among participating destinations was down 2.9 percent.

Winter Season Continues To See Momentum In Southeast

As of Feb. 28, aggregated occupancy among participating lodging properties in four states (South Carolina, Georgia, Florida, Alabama) achieved a 12.7 percent gain in occupancy for the six months from September through February compared to last winter, according to the monthly DestiMetrics Market Briefing from Inntopia.

Mississippi TanTec Recognized at Tannery Of The Year Awards Program

Mississippi TanTec Awarded Highly Commended Award at Tannery of the Year Awards Program 2018 The sixth Tannery of the Year Awards program for 2018 organized by World Leather Publications came to a conclusion on March 14 with a gala dinner held in Hong Kong.

Pentland Brands Acquires Endura

Endura, the cycling apparel brand and Movistar Team clothing partner, has been acquired by Pentland Brands. 

Athleta Earns B Corp Certification

Celebrating its 20th anniversary, Athleta announced it has earned B Corp Certification from the nonprofit B Lab, becoming one of the largest apparel companies in the world to certify as B Corp.