apparel

G-III Apparel: Fiscal 4Q Earnings Snapshot - San Francisco Chronicle
HanesBrands Beats Clock to Deliver Round-by-Round March Madness Tournament Apparel - Associated Press
Marshall ISD links apparel deal with Under Armour - KSLA
Where Wisconsin ranks among the 33 biggest apparel deals in March Madness: Slideshow - Milwaukee Business Journal
Global surf apparel retailer catches merchandise optimization wave - Chain Store Age

G-III Apparel: Fiscal 4Q Earnings Snapshot - San Francisco Chronicle

Posted: 21 Mar 2019 04:48 AM PDT

NEW YORK (AP) _ G-III Apparel Group Ltd. (GIII) on Thursday reported fiscal fourth-quarter net income of $24.1 million, after reporting a loss in the same period a year earlier.

The New York-based company said it had profit of 48 cents per share. Earnings, adjusted for non-recurring costs, were 55 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The clothing and accessories maker posted revenue of $766.8 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $768.2 million.

For the year, the company reported profit of $138.1 million, or $2.75 per share. Revenue was reported as $3.08 billion.

For the current quarter ending in May, G-III Apparel expects its per-share earnings to range from 15 cents to 25 cents.

The company said it expects revenue in the range of $650 million for the fiscal first quarter.

G-III Apparel expects full-year earnings in the range of $3.25 to $3.35 per share, with revenue expected to be $3.28 billion.

G-III Apparel shares have climbed 26 percent since the beginning of the year. The stock has declined 4 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIII at https://www.zacks.com/ap/GIII

HanesBrands Beats Clock to Deliver Round-by-Round March Madness Tournament Apparel - Associated Press

Posted: 21 Mar 2019 10:52 AM PDT

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Mar 21, 2019--There's nothing like the magic of a March Madness buzzer beater. For global apparel leader HanesBrands (NYSE: HBI), beating the shot clock has been a March tradition for more than 20 years.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190321005623/en/

HanesBrands, a socially responsible leading marketer of everyday basic apparel, again will design, print and ship more than a half a million units of clothing – with as little as 48-hour notice – throughout the duration of this year's NCAA Division I Men's and Women's basketball tournaments. Apparel brands include Champion, Alternative and Comfort Wash. (Photo: Business Wire)

On Selection Sunday, HanesBrands' graphic design, screen-printing and logistics teams based in Lenexa, Kansas, began designing and printing T-shirts and other apparel to ensure its availability for this week's play-in games in Dayton, Ohio, and for all regional games beginning today in nine other locations. The process was repeated on Selection Monday when the 64 teams for the Division I Women's national tournament were announced.

"Our 50-plus-member graphic design team gets the ball bouncing by designing some work as teams automatically qualify for the tournaments, then puts on the full-court press as soon as regional seedings are announced on Selection Sunday and Monday," said John Fryer, HanesBrands president, sports and graphic apparel. "Hundreds of different pieces of art are produced during and immediately following the field announcements, and every approved design is delivered in advance of the first-round games."

As the exclusive NCAA supplier of onsite tournament fanwear, the company leverages the scale and flexibility of its production capabilities – including its team of in-house graphic designers and direct-to-garment printing operations – to customize, produce, ship and sell apparel to game sites across the country as teams advance in the tournament. For the retail marketplace, the company also uses in-market screen-printers to supply local retailers with team-specific tournament fanwear.

"Developing apparel for the tournament is always a challenge that pushes us to continue innovating and improving our supply chain efficiency," Fryer said. "Although our streamlined process makes things look easy, there is a tremendous amount of behind-the-scenes work and complex logistics taking place to ensure we are meeting demand to keep the fans happy."

This design, printing and shipping process is repeated each round, culminating in the Final Four where HanesBrands has exclusive rights to sell licensed fanwear at U.S. Bank Stadium in Minneapolis, along with 15 NCAA sanctioned hotels, and the March Madness Music Festival and Fan Fest during the men's tournament, and at Amalie Arena in Tampa, Florida, six NCAA sanctioned hotels, and Tourney Town during the women's tournament.

More than 150 items are available at each stage of the events, with T-shirts and hats accounting for about 80 percent of sales. The cold temperatures that likely come with a Minneapolis-based Final Four may mean a greater mix of Champion sweatshirts, both hoodies and crews. New to the mix this year are tournament-specific eco-offerings from Alternative Apparel, which was acquired by HanesBrands in 2017.

HanesBrands' Event 1 business, part of the company's licensed sports apparel business, has served as the NCAA's onsite apparel concessionaire for the national tournaments since 1998. The company will operate multiple sales concessions at the 14 different game locations for the men's tournament and 21 game locations for the women's tournament.

For this year's Final Four, HanesBrands will have a special retail presence at Target stores throughout the Minneapolis area and host a retail space in the Mall of America. About 25 percent of all apparel sold during the tournament is bought at the Final Four semifinal and National Championship games.

HanesBrands

HanesBrands is a socially responsible leading marketer of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia-Pacific. The company markets T-shirts, bras, panties, shapewear, underwear, socks, hosiery, and activewear under some of the world's strongest apparel brands, including Hanes, Champion, Bonds, Maidenform, DIM,Bali, Playtex, Bras NThings, Nur Die/Nur Der, Alternative, L'eggs, JMS/Just My Size, Lovable, Wonderbra, Berlei, and Gear for Sports. More information about the company and its award-winning corporate social responsibility initiatives may be found at www.Hanes.com/corporate. Visit our newsroom at https://newsroom.hanesbrands.com/. Connect with the company via social media: Twitter ( @hanesbrands ), Facebook ( www.facebook.com/hanesbrandsinc ), Instagram ( @hanesbrands_careers ), and LinkedIn ( @Hanesbrandsinc ).

View source version on businesswire.com:https://www.businesswire.com/news/home/20190321005623/en/

CONTACT: Matt Hall: (336) 519-3386

Carole Crosslin: (336) 519-3201

KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA

INDUSTRY KEYWORD: EDUCATION UNIVERSITY LICENSING (SPORTS) MANUFACTURING TEXTILES RETAIL FASHION SPORTS BASKETBALL

SOURCE: HanesBrands

PUB: 03/21/2019 01:39 PM/DISC: 03/21/2019 01:39 PM

http://www.businesswire.com/news/home/20190321005623/en

Marshall ISD links apparel deal with Under Armour - KSLA

Posted: 21 Mar 2019 10:37 AM PDT

"I kind of knew what Under Armour could do to a community, and so kind of using that network and some of the network here through BSN/Paul Reynolds who's been helping Marshall Athletics for 30 plus years," Coach Jake Griedl says. "We reached out to Under Armour they got back to us we had a meeting with them and kind of cast them our vision."

Where Wisconsin ranks among the 33 biggest apparel deals in March Madness: Slideshow - Milwaukee Business Journal

Posted: 21 Mar 2019 12:20 PM PDT

[unable to retrieve full-text content]Where Wisconsin ranks among the 33 biggest apparel deals in March Madness: Slideshow Milwaukee Business Journal

When the Ohio State Buckeyes took the court for March Madness a decade ago, the university's athletic teams got $3.8 million in cash and apparel annually from ...

Global surf apparel retailer catches merchandise optimization wave - Chain Store Age

Posted: 21 Mar 2019 12:53 PM PDT

TECHNOLOGY

Maui and Sons is enjoying some tasty merchandising benefits in its regional Chile operation.

Maui and Sons Chile, which sells casual surf- and skateboard-themed apparel in Chile and Peru, discovered difficulties scaling its complex supply chain in the Latin American market. A subsidiary of the U.S.-based Maui and Sons, which operates in more than 100 countries, the retailer requires detailed plans to deliver the right targeted apparel assortments, including over 10,000 combinations of sizes and colors per season.

After a competitive assessment, Maui and Sons Chile chose to modernize its approach with the Oracle Retail Merchandising System and Oracle Warehouse Management Cloud platforms. Oracle database and middleware solutions also support this new retail foundation.

Leveraging its new merchandising infrastructure, Maui and Sons Chile has been able to streamline inventory and add new sales channels. The technology enables the retailer to gain deep insights into its online and in-store merchandising. The company can also better connect suppliers, inventory, and stores to ensure streamlined supply chain operations.

"Today, we have effectively documented, automated and organized our processes – removing a lot of the limitations to growing and scaling both our product lines and business throughout regions," said Felipe Guerrero, CIO, Maui and Sons Chile. "With Oracle, we have empowered our people to continue to make a difference and accelerate customer value by placing innovation at their fingertips."

Maui and Sons Chile completed implementation in 11 months by partnering with Oracle PartnerNetwork member Logic Information Systems, which leveraged local retail expertise and cloud capabilities to outline processes and enable choices for Maui and Sons to aid deployment.