SGB Update

Finish Line Finds New Investor

Odey Asset Management, a London-based hedge fund, has acquired an 8.2 percent stake in The Finish Line, possibly complicating Finish Line’s merger with JD Sports Fashion.

Skullcandy Launches Live Stream Concert Series

Audio brand Skullcandy Inc. has announced the launch of Now Feel This, a global live steam concert series dedicated to showcasing emerging artists. The first set of concerts will feature performances by White Reaper, Hinds and Now, Now.  

Vineyard Vines Collaborates With Shark Week

Vineyard Vines, best known for the company’s whimsical neckties and smiling pink whale logo, announced an exclusive partnership with Discovery Channel’s annual TV event, Shark Week.

Gore Fabrics Joins Ellen MacArthur Foundation Initiative

W.L. Gore’s fabrics division announced that the company is participating in the Ellen MacArthur Foundation’s “Make Fashion Circular” initiative. Gore fabrics is joining forces with some 20 global brands in a commitment to develop new pathways for the textile industry informed by the principles of a circular economy.

Saucony Appoints Anne Cavassa President

Wolverine World Wide Inc. announced the appointment of Anne Cavassa as president of Saucony, Most recently, Cavassa served as chief customer experience officer and SVP of marketing and apparel for the Brooks Running Company.

REI Unveils Outessafest Festival Details

REI has announced the 2018 dates and locations for two all-new one-day festivals celebrating women, music and the outdoors. The Outessafest festivals will be held at Patuxent River Park in the Washington, DC, area on Sept. 29 and at Shakori Hills in North Carolina on Oct. 20. Outessafest is inspired by women, but all are invited to attend the inclusive gathering.

Fanatics Hires Joe Bozich As First COO, Fanatics Brands

Fanatics Inc, has hired Joe Bozich, founder of  Knights Apparel, as the first ever COO of Fanatics Brands, the company’s in-house apparel division, as the company continues ramp up vertical-manufacturing capabilities. In an interview with SGB, Fanatics Brands President Raphael Peck said Bozich will particularly focus on wholesale execution.

Macy’s Lifts Guidance On Strong Q1

Macy’s Inc. raised the company’s annual guidance after reporting first-quarter earnings that came in well ahead of Wall Street targets and a 3.9 percent gain in same-store sales.

RG Barry Adds to Exec Team

RG Barry Corporation, the maker of lifestyle footwear and accessories under the Dearfoams, Baggallini, and Foot Petals labels, appointed Scott Erdman as president of Baggallini, and  Joseph Bean as SVP of e-commerce wholesale.

Boot Barn’s Q4 Earnings Soar

Boot Barn Holdings reported net income more than doubled in the fourth quarter ended March 31 as sales grew 12.1 percent.

Scarpa Relaunches N.A. Website

Scarpa has relaunched the company’s North American website to place a bigger heritage as the company celebrates an 80-year anniversary.