SGB Update

CLC To Host College Colors Day

CLC, the collegiate licensing leader, will host the 15th annual College Colors Day on Friday, August 30. This year’s celebration features a partnership with the College Football 150th Anniversary.

Cole Haan Prepares For IPO

Cole Haan, acquired in 2013 by private equity firm Apax Partners from Nike Inc., has confirmed that it’s preparing for an initial public offering.

Anta’s First-Half Profits Soar

Anta Sports Products Ltd. reported net earnings rose 27.7 in the first half as sales grew more than 40 percent. Ding Shizhong, Chairman of the Board of Directors and CEO of Anta Group, said, “In the first half of 2019, the company maintained a high growth in its performance due to the goodwill of Anta brand, Fila brand and other brands.”

Intersport Partners With Taiwan’s Momentum Sports Co.

Intersport International Corp. signed a Franchise Agreement with Momentum Sports Co. Ltd., the biggest sports retailer in Taiwan operating over 220 sports stores including Multibrand and Monobrand stores.

Retail Trade Groups Criticize Tariff War Escalation

A number of retail trade groups issued statements strongly criticizing the Trump administration’s threat to raise tariffs higher and order U.S. companies to exit China. The threats came Friday after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods.

US Youth Soccer Partners With TiPEVO

US Youth Soccer, the largest youth sport organization in America and the leader in youth soccer, announced an exclusive partnership with data-solutions company, TiPEVO.

Goat And Bergdorf Goodman Partner On Exclusive Shopping Experience

Goat, the resale site for sneakers, announced its partnership with iconic New York retailer, Bergdorf Goodman. The two brands will enter an exclusive partnership, which includes a curated shopping experience at Goodman’s Men’s Store on 5th Avenue.

P1440 Acquires Volleyballmag.com

P1440, the digital media company co-founded by 5x Olympian Kerri Walsh Jennings, announced the acquisition of Volleyballmag.com, the leading source for industry news for more than 40 years.

Nordstrom Launches Sustainable Style Online Category

Nordstrom launched Sustainable Style, an online shopping category for discovering products that are made from sustainably sourced materials, manufactured in factories that meet higher social or environmental standards or that give back.

Vail Resorts Announces Mountain Division Leadership Changes

Vail Resorts Inc. has announced that executive vice president Chris Jarnot will step down from his role, following a 34-year career with Vail Resorts, as well as the creation of three new regional leadership roles to support Vail Resorts’ growing global portfolio.

The Buckle Posts EPS Growth In Q2

The Buckle Inc. on Friday announced net income for the fiscal second quarter ended August 3 of $16.4 million, or 34 cents per share, up from $15.7 million, or 32 cents per share a year ago, and ahead of Wall Street’s estimates by 4 cents.

Hibbett Sports Posts Q2 Loss On Charges

Hibbett Sports Inc. reported a loss in the second quarter although it came in slightly better than Wall Street’s targets. Comps increased 0.3 percent.