SGB Update

Macy’s To Close Four Stores

Macy’s confirmed it is closing four stores in Los Angeles, CA; Fort Collins, CO; Oahu, HI; and Gaithersburg, MD.

ASTM Adds Board Member

ASTM International reported William A. Ells, vice president of sales at Vibram USA, will serve a three-year term on ASTM’s International board of directors.

Peloton Fined $19 Million For Unsafe Treadmills

Peloton Interactive has agreed to pay a $19 million fine for failing to promptly notify regulators of a known defect in its Tread+ exercise machines that could cause serious injury, according to the U.S. Consumer Product Safety Commission.

Lands’ End Sets Organzational Changes

Lands’ End Inc. reported executive leadership hires and organizational changes to support its business objectives and growth initiatives.

Delta Apparel Sales Dip In Fiscal First Quarter

Delta Apparel Inc. expects overall 2023 fiscal first quarter net sales of approximately $106 million for the three-month period ended December 31, a decline of 4.2 percent from $110.7 million in the year-ago comp period.