SGB Update Outdoor

Backcountry To Open New Retail Stores Spring 2021

Backcountry announced plans to open brick & mortar retail locations beginning May 2021. The retailer currently has one store adjacent to its fulfillment center in Salt Lake City, UT, and will expand its retail footprint this year with two new stores, the first of which will open in Park City, UT, followed by a location in Boulder, CO.

HanesBrands Names Group President, Global Innerwear

HanesBrands announced that Joe Cavaliere has been named to the newly created role of group president, global innerwear, effective February 8, 2021. Howard Upchurch, group president, innerwear Americas, has announced his retirement.

Nike Exits 280,000 Square Feet Of Office Space

Nike is leaving its 280,000-square-foot office space in Sunset Corridor at the Tektronix campus in Beaverton, OR according to a report from the real estate firm JLL Capital Markets.

Belk Seeking Out-Of-Court Financial Restructuring

Belk, its major lenders and the private equity firm Sycamore Partners are nearing a deal to restructure the department store’s debt outside of bankruptcy proceedings, according to a Wall Street Journal report.

Lululemon Ranks Eighth On Glassdoor’s Best Places To Work List List

Lululemon Athletica was the only company in the active lifestyle space to land in the Top 10 of Glassdoor’s Annual Ranking of the 100 Best Places To Work in the U.S., coming in at No. 8. Other companies in the industry landing on the list include Vans, 36; REI, 48; and Nike, 49.

Hari Mari Appoints New President

Hari Mari appointed Jake Szczepanski its new president. Szczepanski previously co-founded and served as CEO of menswear and womenswear label Billy Reid for 13 years.

Ebay Appoints VP Of Fashion

Ebay has appointed Charis Márquez, formerly VP for sales effectiveness at Levi Strauss & Co., to the newly created role of vice president of fashion.

Report: Birkenstock Exploring Sale To CVC Capital

Birkenstock is in discussions to be acquired by CVC Capital Partners, according to a report from Bloomberg, The sale reportedly could value the nearly 250-year-old brand at $4.8 billion, including debt.

VF Corp. Launches Enhanced Product Traceability Mapping Data

VF Corp. enhanced its traceability mapping program by disclosing Tier 1 through Tier 4 suppliers. The company said offering supply chain visibility through Tier 4 suppliers demonstrates its commitment to continuous improvement and increased transparency outlined in its corporate sustainability and responsibility strategy, Made for Change.