SGB Update

The Buckle’s Comps Increase 4.6 Percent

The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 27, 2022 increased 4.6 percent.

Unifi Appoints Board Member

Unifi Inc., makers of Repreve, announced the election of Frank Blake to the company’s Board of Directors, effective September 5.

Genesco Reduces Outlook Despite Q2 EPS Exceeding Expectations

Genesco, Inc. reported second-quarter earnings that came in well above analyst expectations but reduced its guidance for the year as sales at Journeys slowed toward the end of the quarter and into August, as well as due to inflationary concerns.

Orangetheory Appoints President Of International

Orangetheory Fitness hired Jason Dunlop as president of international, overseeing the brand’s international studio portfolio and ongoing expansion efforts. Dunlop’s resume includes employment with CrossFit, Canada Goose, Starbucks, and Nike.

Venum Extends Deal With UFC

Venum, the French brand, and Ultimate Fighting Championship (UFC)  have agreed to a multi-year extension of their global partnership.

Adidas To Open Flagship In Warsaw

Adidas has chosen Warsaw for its first flagship ‘Brand Center’ store in Central and Eastern Europe (CEE), the Puls Biznesu Business Daily reported.

VF Corp. Undergoes Layoffs

VF Corp. announced Tuesday in an internal e-mail that it has eliminated about 600 office-based positions at the company, including 300 current workers and 300 open positions, according to the Denver Business Journal.

Patagonia Executive Leads Eileen Fisher

Eileen Fisher, the women’s apparel brand, hired Lisa Williams, the former chief product officer at Patagonia, as CEO, replacing founder Eileen Fisher.

Designer Brands Lifts Outlook On Q2 Beat

Designer Brands, Inc. raised its EPS guidance for the year after reporting sales and earnings topped Wall Street’s targets in the second quarter ended July 30. Comparable sales for the parent of DSW increased 6.2 percent on top of comparable sales growth of 84.9 percent for the second quarter of 2021.