Footwear and International Boosts UA’s Q1

With ongoing robust growth is apparel and “meaningful acceleration” in both footwear and its overseas businesses, Under Armour, Inc. reported net revenues vaulted 36.0 percent in the first quarter, to $642 million. Net income surged 73.3 perce

Deckers Sees Double-Digit Gains in Spring Quarter

Led by a 15.8 percent gain for Ugg, Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million. The company recently changed its fiscal year from Dec. 31 to Mar. 31, and, as a result,

VF’s Momentum Accelerates in Q1

Carried by double-digit gains at The North Face, Vans and Timberland coupled with gross margin expansion in every coalition, VF Corp. reported net income rose 9.9 percent in its first quarter and hiked it outlook for the year. Earnings reached $297.2 mill

Facebook Buys Moves Fitness Tracking App

Facebook has acquired Moves, a fitness tracker app on iOS and Android. Launched in Jan 2013, and called by Apple as ‘surprise hit’, Moves has been downloaded 4 million times to date for iPhone and Android phones…