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02/02/2024

EXEC: Deckers Brands CEO Details the Big Fiscal Q3 for Hoka and Ugg February 2, 2024 SGB Executive by SGB Media Deckers Brands President and CEO Dave Powers gave analysts a bit of vinegar before the sugar on Thursday afternoon’s quarterly conference call, setting the tone for the next six months a...

01/27/2023
In SIA’s first report of 2021 on the impacts from COVID-19, snowsports enthusiasts were found to overestimate their abil...
07/02/2021

In SIA’s first report of 2021 on the impacts from COVID-19, snowsports enthusiasts were found to overestimate their ability to participate in their favorite winter activities in the recently wrapped up 2020/21 season. However, they made snowsports-related purchases at a higher rate than expected heading into the season and were excited about the 2021/22 season.

In SIA's first report of 2021 on the impacts from COVID-19, snowsports enthusiasts were found to overestimate their ability to participate in their favorite winter activities in the recently wrapped up 2020/21 season. However, they made snowsports-related purchases at a higher rate than expected hea...

In an interview on CNBC unveiling Brooks Running’s 2030 planet strategy, Jim Weber, CEO reported sales are up 60 percent...
07/01/2021

In an interview on CNBC unveiling Brooks Running’s 2030 planet strategy, Jim Weber, CEO reported sales are up 60 percent year-to-date and projected the overall running opportunity could double over the next ten years coming out of the pandemic.

In an interview on CNBC unveiling Brooks Running’s new 2030 planet strategy, Jim Weber, CEO, reported sales are up 60 percent year-to-date and projected the overall running opportunity could double over the next ten years coming out of the pandemic.

Patagonia issued a voluntary recall of products in two of its sun protection lines - Capilene Cool Daily and Tropic Comf...
07/01/2021

Patagonia issued a voluntary recall of products in two of its sun protection lines - Capilene Cool Daily and Tropic Comfort. The products do not meet the 50+ UPF (ultraviolet protection factor) rating.

Patagonia issued a voluntary recall of products in two of its sun protection lines—Capilene Cool Daily and Tropic Comfort. The products do not meet the 50+ UPF (ultraviolet protection factor) rating.

Wolverine Worldwide Inc., Advent International, CVC Capital Partners, Sycamore Partners, and Cerberus Capital Management...
07/01/2021

Wolverine Worldwide Inc., Advent International, CVC Capital Partners, Sycamore Partners, and Cerberus Capital Management are on the list of companies that have been asked to submit final bids in August to acquire Reebok, according to a report from Reuters.

Wolverine Worldwide Inc., Advent International, CVC Capital Partners, Sycamore Partners and Cerberus Capital Management are on the list of companies that have been asked to submit final bids in August to acquire Reebok, according to a report from Reuters.

Nike Inc. reported earnings and sales were well above Wall Street’s consensus estimates in the fourth quarter ended May ...
06/25/2021

Nike Inc. reported earnings and sales were well above Wall Street’s consensus estimates in the fourth quarter ended May 31. Revenues grew 96 percent year-over-year, supported by a 73 percent jump in Nike Direct sales.

Nike Inc. reported earnings and sales came in well above Wall Street's consensus estimates in the fourth quarter ended May 31. Revenues grew 96 percent year-over-year, supported by a 73 percent jump in Nike Direct sales. Sales in North American climbed 141 percent year-over-year and 29 percent compa...

Winnebago Industries Inc. reported sales grew 138.7 percent in the fiscal third quarter ended May 29 and said backlogs r...
06/24/2021

Winnebago Industries Inc. reported sales grew 138.7 percent in the fiscal third quarter ended May 29 and said backlogs remained at record levels due to “exceptional growth” in consumer demand for pursuing the outdoor lifestyle.

Winnebago Industries Inc. reported sales grew 138.7 percent in the fiscal third quarter ended May 29 and said backlogs remain at record levels due to “exceptional growth” in consumer demand for pursuing the outdoor lifestyle.

Adidas CEO Kasper Rorsted said he expects the fashion industry will be forced to improve its sustainability practices as...
06/24/2021

Adidas CEO Kasper Rorsted said he expects the fashion industry will be forced to improve its sustainability practices as it faces increased scrutiny over its poor record. However, he believes many companies still aren’t making enough of a commitment.

At CNBC’s Evolve Global Summit, Adidas CEO Kasper Rorsted said he expects the fashion industry will be forced to improve its sustainability practices as it faces increasing scrutiny over its poor record. However, he believes many companies still aren’t making enough of a commitment.

Wolverine Worldwide, Inc. has named Brendan Hoffman, currently company president and a member of WWW’s Board of Director...
06/23/2021

Wolverine Worldwide, Inc. has named Brendan Hoffman, currently company president and a member of WWW’s Board of Directors, to succeed Blake Krueger, as chief executive officer at the end of the year.

Wolverine World Wide Inc. announced that Brendan Hoffman, president and a member of the company’s Board of Directors, will also become chief executive officer at the end of the year. Hoffman will succeed Blake Krueger, who will assume the newly created role of executive chairman.

The NPD Group revealed sales trends and more from the pandemic-driven 2020-2021 season, covering everything from snow sp...
06/22/2021

The NPD Group revealed sales trends and more from the pandemic-driven 2020-2021 season, covering everything from snow sports, golf and fitness to apparel and outdoor gear, footwear and apparel.

In a retail sales study conducted by the NPD Group from August 2020 to February 2021, the past pandemic year saw growth in specific outdoor categories, with golf and cycling in the lead.

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