April 15, 2024 Gildan’s New Chief Speaks Out
The embattled apparel company’s new CEO, Vince Tyra provided some new color on Gildan Sustainable Growth strategy progress based on his first 90 days in the big chair, as GIL aims to increase supply chain capacity, and improve brand awareness and perception. Industry Brands Lead Resale Market, as Consumers Look for Value
Lululemon, Patagonia, The North Face, and Dr. Martens are among the leading brands in a global secondhand market set to grow three times faster than the overall global apparel market to $350 billion by 2028, according to the 2024 Resale Report from secondhand e-commerce platform ThredUp. Sporting Goods Sales Fell Again in March
Adjusted sales of sporting goods/hobby/book and music stores dropped 3.9% in Mar. to $8,350 million from $8,693 million, according to Commerce Dept. data, the third straight month of more than 3% declines. L.L. Bean Plans Layoffs at Call Centers
The ME-based retailer will cut an unspecified number of customer service positions at its call centers, according to multiple local media reports, though it has not yet filed a WARN notice with the state. Etcetera: Alpargatas, Puma, New Balance, Nike, VA Composites
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