SGB Update

HanesBrands Raises $1.97 Million to Be Donated in 2018

HanesBrands and its employees have pledged $1.97 million this year to the United Way of Forsyth County and surrounding North Carolina communities. For these efforts, the United Way of North Carolina gave Hanes its Spirit of North Carolina Award for campaign excellence.

Fenix Outdoor Acquires Royal Robbins

Switzerland-based global outdoor apparel and equipment company Fenix Outdoor International AG has acquired U.S.-based outdoor and travel apparel company Royal Robbins. Terms were not disclosed.

Finish Line’s Adjusted Earnings Climb 19 Percent In Q4

Finish Line Inc., in line with its guidance provided on March 26 when it announced plans to merge with JD Sports, reported earnings on an adjusted basis rose 19.4 percent in the fourth quarter while net earnings were essentially flat. 

Farm To Feet Ambassador To Run Across North Carolina

Saturday, April 1, 2018, Capps will depart from Jockey’s Ridge State Park near Nags Head, North Carolina on the Mountains-to-Sea Trail destined for Clingmans Dome, 1,175 miles away, to raise awareness and funds for Myeloma.

PVH Corp. Sales Jump 27 Percent In Q4

PVH Corp. reported adjusted earnings in the fourth quarter rose 26.6 percent to $123.7 million, or $1.58 a share, from $97.7 million, or $1.23, a year ago.

Golf Rounds Slide In February

According to Golfdatatech, golf rounds played slid 8.5 percent during February versus the year-ago month. The one region showing gains was the Pacific.

Sportsman’s Warehouse’s Q4 Earnings Slide On Margin Pressures

Sportsman’s Warehouse Holdings Inc. reported fourth-quarter earnings on an adjusted basis slid 20 percent and missed guidance due to “an elevated promotional backdrop and a tax-reform driven investment in our associates.” Same-store sales sunk 4.5 percent, in line with guidance.

Old Town Canoe & Kayak Joins Live Outside And Play Tour

Old Town, the maker of watercraft products, announced that it will join the 2018 Live Outside and Play Tour; a seven-month excursion to the country’s top outdoor hot spots led by the Blue Ridge Outdoors and Elevation Outdoors Road Team.

Loot Crate Expands Sports Crate MLB Crate Line

Sports Crate was the first line of subscription products made exclusively for baseball fans, and this expansion allows more fans to be a part of the Exclusive Licensed Subscription Box of Major League Baseball.