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Apparel Business Update

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The Latest News...

Lululemon Partners with Dalai Lama Center
Lululemon Athletica Inc., synonymous in some quarters with the "corporatization of yoga," got a powerful, albeit implicit endorsement Wednesday from none other than the Dalai Lama. In a presentation following an address by His Holiness at a heart and mind summit, Lululemon CEO Laurent Potdevin announced the apparel company will contribute CAD$250,000 annually over the next three years to support the Dalai Lama Center for Peace + Education. Both the center and Lululemon are based in Vancouver, BC...(10/22/2014)

Super Retail Says Outdoor Stores Continue to Struggle
Super Retail Group, which is the largest sporting goods retailer in Australia, reported comparable stores sales at its Sports Retailing business increased 3 percent during the 16-week period ended Oct. 18, but declined 8 percent at its Leisure Retailing business, which sells hunting, fishing, camping, paddling and other outdoor leisure gear through Ray's Sports, FCO and BCF stores...(10/22/2014)

Nike Brings Out Stars to Showcase Women's Push
Nike Inc. brought out 27 of its top athletes to New York City to showcase a breadth of performance and lifestyle products as well as digital services as the company continues to accelerate growth within its women’s business...(10/22/2014)

SIA Industry + Intelligence Briefing to Occur on Eve of Snow Show
SnowSports Industries America plans to host its first-ever Industry + Intelligence gathering. The daylong industry-only event, scheduled for Wednesday, Jan. 28th, will prep Snow Show attendees with educational offerings, market intelligence, networking opportunities, keynote speakers and social gatherings all before the doors open to the 2015 SIA Snow Show, which runs Jan. 29 - Feb. 1, 2015...(10/22/2014)

Modell’s to Open Store in Shirley, Long Island
Modell’s Sporting Goods, celebrating its 125 year anniversary, will hold a grand opening for its newest location at 1019 Montauk Highway in Shirley, Long Island, bringing their total to 157 storefronts... (10/22/2014)

Sportsman's Warehouse Announces Two More 2015 Store Openings
Sportsman's Warehouse plans to open new stores in Heber City, UT and Klamath Falls, OR next spring. These locations will be the fifth and sixth stores out of eight or nine new locations scheduled to open next year. The Heber City location will be the seventh store in Utah and the Klamath Falls location will be the sixth store in Oregon...(10/22/2014)

Unifi Reports Steady Repreve Demand in Fiscal Q1
Unifi Inc. reported moderate sales growth for the first quarter ended Sept. 28 fueled by continued demand for its Repreve recycled fiber, which is used by many athletic and outdoor brands to make fleece and other apparel. The company said it will continue to increase texturing capacity in the U.S. and Central America to better serve the growing demand for synthetic yarns in the CAFTA region...(10/22/2014)

Spacecraft Names Director of Sales
Spacecraft, the headwear and lifestyle apparel brand, hired outdoor-industry veteran Chad Perrin as director of sales. Perrin's past includes key sales positions at Flow Snowboards, YES Snowboards, Jones Snowboards and most recently at Karakoram... (10/22/2014)



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