SGB Update

REI Co-op To Open Store In Gainesville, FL

REI Co-op is opening a new store in Gainesville, FL, in spring 2020. The 23,000-square-foot store will be located at the Butler Town Center at 3650 Southwest 32nd Court.

Hanesbrands CFO To Depart

Hanesbrands Inc., the parent of Champion, said that Chief Financial Officer Barry A. Hytinen has notified the company of his decision to leave Hanesbrands to accept another career opportunity outside of the apparel industry. Hytinen will continue to serve as Hanes chief financial officer until the end of the fiscal year, Dec. 28, 2019.

Dick’s Raises Outlook On Robust Q3 Results

Dick’s Sporting Goods raised its outlook for the year after reporting third-quarter earnings handily topped Wall Street targets. Same-store sales increased 6.0 percent, representing the company’s strongest quarterly comp sales gain since 2013.

Caleres Narrows EPS Guidance On Tariff Impact

Caleres on Monday reported third quarter sales grew 2.1 percent to a record $792.4 while same store sales grew 2.5 percent at Famous Footwear, but the company’s otherwise upbeat period was tempered by slightly reducing full-year EPS guidance to reflect tariff impacts.

PVH Lifts Outlook As Q3 Exceeds Guidance

PVH Corp., which owns the rights to Speedo in North America, raised full-year adjusted profit forecast after its third-quarter revenue and earnings that topped Wall Street expectations.

Boss Manufacturing Agrees To Sell Gloves, Boots And Rainwear Operations

Boss Manufacturing Company, a national supplier of personal protection equipment, reached an agreement in principle to sell the assets of its glove, boots, and rainwear business to Protective Industrial Products, Inc. (PIP) of Latham, NY. Boss’ range includes  CAT branded work gloves and safety products.

Backcountry.com CEO Making Reparations Tour

Following a social media firestorm that erupted after news of Backcountry.com’s legal campaign to protect its trademark, Jonathan Nielsen, the online retailer’s CEO, has already visited a number of small businesses impacted by the trademark action and made numerous deals as reparation with the owners.

Vibram Corp. USA Ceases Sales To Amazon USA

In advance of a major relaunch for FiveFingers during Spring 2021, Vibram Corp. (USA) announced Monday it has decided to stop selling its FiveFingers products directly to Amazon USA, allowing the brand to fully support its retail partners.

AfterShokz Announces Partnership With Running Legend, Meb Keflezighi

AfterShokz, the manufacturer of bone conduction headphones, announced its latest partnership in the running and endurance space, partnering with four-time Olympian and winner of the 2009 New York City Marathon and 2014 Boston Marathon, Meb Keflezighi.