SGB Update

Cole Haan to Launch Performance Golf Apparel Line Spring 2026

The global American lifestyle, footwear and accessories brand, reported signing an exclusive agreement with Catapult Group to introduce a new performance apparel division. Cole Haan Golf Apparel will launch globally in Spring 2026, with racket sports and performance lifestyle collections to follow. 

Zepp Health Corp. Sees DD Boost from Amazfit Brand in First Quarter  

Consolidated sales declined 3.6 percent for the quarter, due primarily to the $5.0 million decrease in the sales of Xiaomi wearable products. Sales of Amazfit products grew 10.2 percent year-over-year, reportedly marking a return to growth since the first quarter of 2022.

Adidas Faces Steve Madden Lawsuit Over Stripe Design

Steve Madden filed a lawsuit in Brooklyn’s federal court against Adidas, saying it was “tired” of being targeted by Adidas for using elements that bear no resemblance to Adidas’ signature three parallel stripe design.

Repreve Maker Unifi Sells Plant for $45 Million

The company closed on selling its manufacturing facility in Madison, NC to an unidentified third-party buyer for $45.0 million, and reported it will use $25.0 million of the net proceeds to reduce the existing term loan and $18.3 million to reduce outstanding revolving loans.

Crocs, Inc. Moves Reilly to Corporate EVP and CBO; Heydude Needs a Leader

Reilly, formerly president of Heydude, will take over the role of corporate EVP and chief brand officer, including oversight of marketing and communications for the Crocs and Heydude brands. Andrew Rees, Crocs’ CEO, will serve as the interim president for the Heydude brand.

Urban Outfitters Profits Jump in Q1

The retailer reported profits jumped 75.4 percent in the first quarter as comps at its Retail segment increased 4.8 percent. Total company net sales for the three months ended April 30 increased 10.7 percent to a record $1.33 billion.

Icebug Assumes Responsibility for Sales and Customer Service in Canada

Previously, Rock Gear Distribution (RGD), a wholesale distributor based in Alberta, Canada, operated Icebug’s Canadian business. RGD, a long-standing Icebug partner and owner of Spry, a specialty running store in Canada, will continue collaborating with the company.

TSG Consumer Partners Promotes Jessica Duran to COO

The private equity firm, which recently acquired EoS Fitness to add to its CorePower Yoga acquisition in 2017 in the fitness space, promoted Jessica Duran to chief operating officer. She will also continue to serve as CFO.