February 08, 2021 Delta Apparel Suffers as Hurricanes Hit Factories
Net income fell 4% to $883,000 in the fiscal first quarter ended Jan. 2 from $923,000 as revenue inched down 1% to $94,723,000 from $95,889,000, hit by major inventory constraints after two hurricanes hit DLA’s Central American manufacturing facilities. Nike Acquires Data Integration Company
Datalogue is the Eager Beavertons’ newest tech acquisition to support its consumer direct acceleration and the first since John Donahoe took the reins at the beginning of last year. Peloton Sets $600 Million Convertible Debt Offering
PTON proposed a $600 million private offering of convertible unsecured senior notes due in 2026, with a 13-day option to purchase an additional $90 million if there is enough demand. Kohl’s Adds Eddie Bauer to its Active Assortment
The mass merchant inked a partnership with the venerable brand’s owner, PSEB Group, that will bring Eddie Bauer men’s, women’s and kids performance outerwear and outdoor apparel starting in fall 2021. Garmin and Fitbit Cleared of Patent Infringement
The two wearables giants saw an International Trade Commission Administrative Law Judge issue an initial determination, finding that two of the patents asserted by Dutch multinational Koninklijke Philips were invalid. Bass Pro Runs First Super Bowl Commercial
The outdoor retailer was the only sporting goods company to run a Super Bowl ad this year, debuting its “Get Back to Nature,” 60-second spot last night. Pop Warner Sues Hanesbrands for Trademark Infringement
The youth football organization sued HBI in Central CA federal court, accusing it of using the 87-year-old Pop Warner mark to advertise Champion apparel and football uniforms without permission. Nike Marketing Manager Charged with Embezzling
Errol Andam, a former manager in the Eager Beavertons’ North American retail brand marketing division, embezzled at least $1,495,435.45 in pop-up store proceeds for his own use, according to charges filed in Portland, OR, federal court. Etcetera: Nike, Cascade Designs, Nikwax, Speedo, Zamst
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