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Apparel Business Update

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The Latest News...

Durant Spurns Under Armour to Return to Nike
According to multiple reports, Nike signed NBA star Kevin Durant to a 10-year contract potentially worth about $350 million. Durant, the NBA's reigning most valuable player, had reportedly reached a tentative deal with Under Armour on a 10-year contract but Nike topped the offer...(9/2/2014)

Golf Rounds Pick Up in July
According to Golf Datatech, golf rounds played on a national level were up 1.1 percent during July compared to July 2013...(9/2/2014)

Field & Stream to Open at Camp Hill, PA
Field & Stream will open a store at Capital City Mall in Camp Hill, PA...(9/2/2014)

Allied’s U.S. Down Processing Facility Receives RDS Certification
Allied Feather & Down, supplier and processor of down to the outdoor and home markets, has completed the audit and certification process of the Textile Exchange Responsible Down Standard (RDS) for its processing plant in Montebello, California...(8/29/2014)

L.L. Bean Best in Customer Service for July
L.L. Bean provided a level of customer service across all channels in July that was among the best in the U.S. For the third month in 2014, L.L. Bean has topped the overall customer service rankings in Stella Benchmarks...(8/29/2014)

Scheels Pledges $1MM for the Minnesota State University Moorhead
Scheels All Sports has pledged a million dollars to Minnesota State University-Moorhead in exchange for the naming rights of its football field. The pledge comes as part of a fundraising challenge tied to the inauguration of MSUM Pres. Anne Blackhurst...(8/29/2014)

NRF Taps New VP Retail Programs
The National Retail Federation (NRF) has hired Mary Heitman as VP of retail programs...(8/29/2014)

Billabong Reports $233.7 Million Loss for Fiscal 2014
Billabong International Limited lost $233.7 million in the fiscal year ended June 30 compared with a loss of $859.5 million in fiscal 2013, but has resumed growing in the United States for the first time in years, the company reported...(8/28/2014)



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