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Apparel Business Update

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The Latest News...

Active Ride Shop Names Rick Mina as President
Active Ride Shop, based in Rancho Cucamonga, CA, and Tengram Capital Partners (“Tengram”) announced that Rick Mina, former Foot Locker executive, would take on the role of president. Esmail Mawjee has decided to transition into the role of a strategic advisor for Active. Esmail remains a shareholder in Active and retains his seat on the board of directors...(10/16/2014)

Google Express Adds 3 Cities, 3 Sporting Goods Retailers
Paragon Sports of New York City, Wrigleyville Sports in Chicago and Sports Authority of Denver are among 16 new retailers that have joined Google Express, which expanded Monday into Chicago, Boston and Washington D.C...(10/16/2014)

Club Ride Secures Expanded Credit Line
Club Apparel said Mountain West Bank expanded its credit line by $525,000 to $1.5 million needed to fund growth. The Ketchum, ID-based maker of cycling lifestyle apparel said it ended the third quarter with $476,000 in credit still available on the line...(10/16/2014)

Denver Broncos Are America's Favorite Football Team
According to a new Harris Poll, the Denver Broncos are America's most popular team. They're followed by the NY Giants (who have moved up two spots to 2nd) and the Green Bay Packers (who dropped one spot to 3rd). The Dallas Cowboys, last year's most popular team, dropped to the #4 spot this year... (10/16/2014)

EBay's Q3 Revenues Grow 12 Percent
Ebay reported that revenue for the third quarter increased 12 percent to $4.4 billion, compared to the same period in 2013. GAAP earnings of $673 million or $0.54 per diluted share, and Non-GAAP earnings of $848 million or $0.68 per diluted share, were driven by accelerating enabled commerce volume growth and double-digit revenue growth...(10/16/2014)

Mark Fletcher Exits from Fletcher Sport Brands
Mark Fletcher, president of Fletcher Sport Brands (FSB), the parent of Sunice Golf and Tommy Hilfiger Golf, announced that he has informed his partner, Alen Brandman, majority shareholder of FSB, that he would be leaving FSB this week... (10/16/2014)

Under Armour Appoints Neiman Marcus CEO to Board
Under Armour, Inc. announced that Karen Katz, president and CEO of Neiman Marcus Group LTD LLC has joined the company's board of directors...(10/16/2014)

Brixton Hires Northeast Sales Agency
Brixton, a surf and music lifestyle apparel brand, hired Spraying Gravy agency as the brand’s new Northeast sales representative...(10/16/2014)



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