SGB Update

Authentic Brands Group Makes Binding Offer To Acquire Boardriders

Authentic Brands Group reported it entered a period of exclusivity and made a binding offer to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. Boardrider is owned and managed by Oaktree Capital Management, L.P. Terms were not disclosed.

Nike Faces Shareholder Proposal On Worker Conditions

In a shareholder proposal released Thursday, activist shareholder platform Tulipshare requested a report from Nike on whether its policies effectively address its stated equity goals and human rights commitments.

Topgolf Callaway Adds Board Member

Topgolf Callaway Brands Corp. plans to add C. Matthew Turney, chief financial Officer of Dundon Capital Partners, to its Board of Directors.

AAFA/FLA Renew Pact Against Migrant Forced Labor

The American Apparel & Footwear Association (AAFA) and the Fair Labor Association (FLA) re-launched and enhanced the AAFA/FLA Apparel & Footwear Industry Commitment to Responsible Recruitment.

Carhartt Recalls Work Pants Sold At Dick’s Sporting Goods

About 32,505 Carhartt men’s Force Relaxed 5 Pocket work pants sold exclusively at Dick’s Sporting Goods were recalled because the elastic drawstring hem near the ankle of the pant could create an extended loop, posing a trip-and-fall hazard. No incidents or injuries were reported.

The Athlete’s Foot Hires Lead Merchandiser And Buyer

The Athlete’s Foot hired Beth Greenfield as its lead merchandiser and buyer. Greenfield has over 25 years of experience in retail, buying and merchandising, including having worked with Champion, Puma, Foot Locker, and Citi Trends.