SGB Update

Goldwin Acquires Minority Stake In Woolrich International

Goldwin Inc. has acquired a minority stake in Woolrich International as part of a new industrial and financial partnership. The alliance includes the development of a new and premium outdoor collection designed with Goldwin’s state-of-the art technology.

Brunswick Corp’s Sales Q3 Climb 4.4 Percent

Brunswick Corporation’s consolidated net sales increased 4.4 percent in the third quarter. Net sales for the Marine Engine segment increased by 7 percent, the Fitness segment grew 2 percent and the Boat segment inched up 0.7 percent.

Amer Sports Returns To Growth In Q3

Amer Sports returned to growth on a currency-neutral basis in the third quarter as a 7 percent gain in the Asia Pacific region and a 4 percent climb in the EMEA region offset a 1 percent slide in the Americas. The gains were driven again by apparel, own retail, e-commerce and China.

Nike Accelerating Consumer-Led Transformation

Nike Inc. hosted its 2017 Investor Day today, which provided an overview on how the company is accelerating its next phase of long-term, sustainable and profitable growth. Fueled by the Consumer Direct Offense, the company stated during the investor meeting that it expects to drive high-single-digit revenue growth, expanding margins and mid-teens earnings per share growth on average over the next five years.

Nike Sees Mid-Teens EPS Growth Over Next Five Years

At its Investor Day held at Tiger Woods Center at its Portland headquarters, Nike officials said they expected earnings per share to grow in the mid-teens on high-single-digit revenue growth over the next five years.

Cherokee Appoints Chief Brand And Revenue Officer

Cherokee Global Brands appointed Mark Conway to the newly-created role of chief brand and revenue officer. In this role, conway will oversee new business development, strategic brand planning, ecommerce and marketing and will manage development and oversight of Cherokee Global Brands’ licensee partnerships worldwide.

’47 Expands NBA Partnership

The agreement grants the brand rights to use current NBA team logos on adult apparel as well as men’s, women’s and youth headwear. ’47 will also create product for the league’s key seasonal moments including NBA All-Star, NBA Playoffs and NBA Finals.