SGB Update

J. America Appoints President, Team Licensed Group.

J. America, Inc., the licensed apparel company, appointed Ben Turner as president of the Team Licensed Group (TLG). Prior to J. America, Turner held senior executive positions at Colosseum Athletic, Reebok, and Adidas…

Hoka One One to Sponsor U.S. Bank OC Marathon

Hoka One One, a division of Deckers Outdoor Corporation, has become the official footwear sponsor of the upcoming U.S. Bank OC Marathon in Newport Beach, CA, scheduled to be held on Sunday, May 4, 2014…

Facebook Buys Moves Fitness Tracking App

Facebook has acquired Moves, a fitness tracker app on iOS and Android. Launched in Jan 2013, and called by Apple as ‘surprise hit’, Moves has been downloaded 4 million times to date for iPhone and Android phones…

VF’s Momentum Accelerates in Q1

Carried by double-digit gains at The North Face, Vans and Timberland coupled with gross margin expansion in every coalition, VF Corp. reported net income rose 9.9 percent in its first quarter and hiked it outlook for the year. Earnings reached $297.2 mill

Deckers Sees Double-Digit Gains in Spring Quarter

Led by a 15.8 percent gain for Ugg, Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million. The company recently changed its fiscal year from Dec. 31 to Mar. 31, and, as a result,

Footwear and International Boosts UA’s Q1

With ongoing robust growth is apparel and “meaningful acceleration” in both footwear and its overseas businesses, Under Armour, Inc. reported net revenues vaulted 36.0 percent in the first quarter, to $642 million. Net income surged 73.3 perce

Investor Group led by Bernard Mariette Purchases Lolë Parent

A group of strategic and financial investors led by Bernard Mariette, CEO & President of Coalision Inc., have purchased a majority interest in Coalision from Kilmer Capital Partners. This investment will enable Coalision's growing activewear brand Lo

Patagonia’s New Venture Fund Backs Waterless Laundering Technology

Patagonia has joined Nike and Adidas to become the latest athletic apparel brand to invest in water saving textile technology. The outdoor brand made a strategic investment in CO2Nexus Inc., a Colorado company that has developed a sustainable method of pr