SGB Update Apparel

Patagonia Partners On Regenerative Organic Certification Launch

The Regenerative Organic Alliance, a diverse coalition of organizations and businesses led by Rodale Institute as board chair and spearheaded by Dr. David Bronner and Patagonia in the areas of farming, ranching, soil health, animal welfare, and farmer and worker fairness, announced the unveiling of the Regenerative Organic Certification (ROC), which will officially launch this year at Natural Products Expo West, 2018.

Deckers Outdoor’s CFO To Step Down

Deckers Outdoor Corporation said in a regulatory filing that, after nine years of valuable contributions and dedicated service to the company, Thomas A. George will be stepping down as chief financial officer of the company to pursue other interests.

Johnson Outdoors Announces 20 Percent Increase In Cash Dividend

Johnson Outdoors Inc. announced approval by its board of directors of a quarterly cash dividend of 12 cents per class A share and $0.1091 per class B share – an 20 percent increase from the previous dividend rate announced on December 8, 2017.

Starboard Issues Letter To Newell Shareholders

Starboard Value LP, the hedge fund, said on Monday it nominated two additional directors to the board of Newell Brands Inc, bringing its total nominees to 12 as the activist investor seeks to replace Newell’s board and CEO.

Foot Locker’s Q4 Comps Slide 3.7 Percent

Foot Locker Inc. reported that earnings, excluding charges and adjustments to a calendar shift, were down 8 percent in the fourth quarter as same-store sales declined 3.7 percent. The sneaker powerhouse warned that conditions would remain challenging in the first quarter but predicted comps would turn positive by the middle of 2018.

EU Court Rules Adidas May Defend Its Three-Stripes Design

A European court has ruled for Adidas an infringement case against a Belgian footwear company. Adidas had been seeking to block two trademarks for parallel stripes on shoes filed by a Belgian firm, Shoe Branding Europe, saying it infringed on Adidas’ iconic three-stripe design.