Columbia Sportswear Company saw fourth quarter net sales grow 4 percent, or 8 percent on a constant-currency basis, to $1.17 billion from $1.13 billion for the comparable period in 2021. Net income decreased 20 percent to $125.7 million, or $2.02 per diluted share. (Read More)
Hoka’s sales catapulted 90.8 percent in the fiscal third quarter ended December 31, helping Deckers Brands surpass Wall Street estimates and lift its guidance for the year. On an analysts' call, Dave Powers, Deckers’ CEO, said Hoka “more than doubled its DTC business, while demonstrating momentum across the product line and significantly increased wholesale through both market share gains and select new strategic access points.” (Read More)
Varsity Brands, the parent of BSN Sports, Varsity Spirit and Herff Jones, plans to extend the maturity on its $1.33 billion senior secured first lien term loan by two years to December 2026, according to Moody’s. Moody's assigned a B2 rating to the debt. (Read More)
Origin has tapped Under Armour Co-Founder Kip Fulks as a full-time strategic advisor and partner. (Read More)
The Kohl’s Corporation's board of directors has unanimously appointed Tom Kingsbury as Chief Executive Officer, effective immediately. (Read More)
Daniel Defense, the manufacturer of firearms and accessories, reported that Rod Reasen will assume the role of chief executive officer. He will report directly to founder, owner and chairman of the board, Marty Daniel. (Read More)
Skechers USA reported sales and earnings topped guidance in the fourth quarter despite supply chain disruption that restricted inventory flow and softness in China. (Read More)
Johnson Outdoors, Inc. is reporting higher sales and decreased earnings results for the company’s first fiscal quarter ending December 30, 2022. (Read More)
Adidas’ first new label in five decades, Adidas Sportswear, will launch worldwide on... (Read More)
Royal Robbins announced lower-impact practices for the production of its Spring 2023 collection that supports the brand’s climate goals by 2025. Sixty-two percent of its Spring 2023 garments are made with materials that contain... (Read More)
Deckers Brands raised its guidance for its fiscal year as sales and earnings in the fiscal third quarter surpassed Wall Street's consensus targets on a 90.8 percent jump in Hoka's revenues. Ugg's sales dipped 1.6 percent in the period. (Read More)
Columbia Sportswear Company reported that fourth-quarter net sales increased 4 percent (8 percent constant-currency) to $1.17 billion from $1.13 billion for the comparable period in 2021. (Read More)
In one of the first casualties of the rise and fall of the outdoor space over the pandemic, Vista Outdoor, Inc.'s Chris Metz, on Thursday, was ousted as CEO due to the "board's loss of confidence in his leadership." (Read More)
Skechers U.S.A. Inc. reported a modest gain in earnings in the fourth quarter ended December 31 on an adjusted basis as sales grew 13.5 percent. Both earnings and sales exceeded Wall Street's estimates and Skechers predicted growth in the range of 4 percent to 8 percent for the current year. (Read More)
Life Time, the producer of 30 athletic events for the Active Outdoor Industry, will launch its... (Read More)
Crate & Barrel Holdings, Inc. hired Mike Brewer as chief operating officer. He brings a broad range of experience, including 20 years working at Nike, Inc. (Read More)
Yniq has named Moss Bemis as CEO. He comes to the eyewear brand with a decade of leadership at Canada Goose, where he held leadership roles in both commercial and merchandising teams. (Read More)
Fanatics is moving into Livestream shopping centered around collectibles and trading cards through a new venture—Fanatics Live. Nick Bell, the former Snap and Alphabet (Google) executive will lead the division. (Read More)
The National Retail Federation Chief Economist, Jack Kleinhenz, believes a recession is unlikely in 2023, and the economy should see slight growth for the year as consumers continue to manage through inflation and high interest rates. (Read More)
JD Sports CEO Régis Schultz and the management team detailed its growth strategy and key objectives for the next five years and how it would enhance its position as a "leading global sports-fashion specialist." (Read More)