SGB Update

VF Corp. Completes Acquisition Of Icebreaker

VF Corp. has completed the company’s previously-announced acquisition of Icebreaker Holdings, Ltd., a privately-held company based in Auckland, New Zealand. The purchase price was about $200 million.

Apparel And Footwear Spared From China Tariff List

The Office of the U.S. Trade Representative released its list of about 1,300 Chinese exports – worth about $50 billion annually – that it intends to target with 25 percent tariffs. The list doesn’t target apparel and footwear products directly, but it does include the machinery and tools used to produce those products.

Firearm Background Checks Bounce Back In March

Last month saw the most gun-related background checks run by the Federal Bureau of Investigation of any March on record, apparently sparked by concerns over heightened gun-control legislation following the Parkland, FL shooting.

Grassroots Connect Buying Show Welcomes New Exhibitors

Grassroots Connect, the four-day national buying show for independent specialty retail, is welcoming five first-time vendor exhibitors to the spring event at the Knoxville Convention Center, June 14-17, 2018.

BIG3 And Adidas Announce Major Multi-Year Partnership

BIG3 and Adidas announced a three-year partnership in which Adidas will be the official outfitter of the three-on-three league and will also support the league’s commitment to grassroots and community initiatives in local markets.