EXEC: Newell Brands Expects Slow Turnaround for Challenged Outdoor & Rec Segment
EXEC: Hoka Drives Deckers Brands’ Fiscal Q2 Growth; Prompts Guidance Bump
EXEC: Saucony Brand’s Q3 China Retail Sell-Through Growth Exceeds 50 Percent
EXEC: Thule Group Posts DD Profit Growth on Weaker Sales Growth
EXEC: VF Corp Placed on Negative Catalyst Watch Due to TNF, Vans Pressures
SGB Update
VF Corporation Sees Fiscal Q2 Improvement But Americas Region Still a DD Drag
Revenue for the quarter amounted to $2.8 billion, down 6 percent year-over-year from the fiscal 2024 Q2 period. The company said the decline was a sequential improvement from the 10 percent decline in the fiscal 2025 first quarter.
Camping World’s Profits Decline in Q3
Profits at Camping World Holdings Inc. fell 73.9 percent in the third quarter ended September 30 due in part to lower average selling prices on new and used RVs. On a positive note, combined new and used same-store unit sales returned to positive growth.
Boot Barn Posts Another Strong Quarter; CEO to Exit to Ross Stores
Jim Conroy, Boot Barn’s CEO since 2012, is stepping down to assume the role of CEO of Ross Stores. John Hazen, the company’s current chief digital officer, will assume the role of interim CEO.
Rural King Opens Newest Store in Hopkinsville, KY
The store boasts a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.
Mammut Sports Group Taps Matt Kaplan as Managing Director for North America
In his new role, effective November 18, Matt Kaplan will oversee business operations in the U.S. and Canada. Most recently, Kaplan was vice president of sales at Vail Resorts.
SGB Executive
EXEC: AlixPartners Survey is Latest to Find Nike Losing Mind Share in Sneakers
An accompanying survey conducted by the financial advisory and global consulting firm is the latest to indicate that the brand has lost market share to competitors, including Adidas, New Balance, Hoka, and On.
EXEC: Yue Yuen Forecasts Strong YTD Profit Growth as Footwear Market Normalizes
The Hong Kong-based firm said the gains were “mainly attributable to the solid increase in the gross profit margin of the group’s manufacturing business alongside a substantial rise in brand customers’ demand for its footwear products.
EXEC: EEOC Sues Amer Sports for Retaliation Against Employee
According to the EEOC’s lawsuit, an employee complained multiple times to human resources and management about age discrimination during an organizational restructuring.
EXEC: Fenix Outdoor Hopes for Better Times Ahead as Q3 Continues Downward Trend
The executive chairman of the Board for the parent of the Fjällräven, Royal Robbins, Hanwag, and Fenix Outdoor brands said the quiet part out loud in his letter to investors regarding the quarter when he said there was not much positive to say from a sales perspective.
EXEC: Newell Brands Expects Slow Turnaround for Challenged Outdoor & Rec Segment
The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo reported that revenue in its Outdoor & Recreation segment actually fell 20.8 percent in the quarter.
