Canada Goose To Open Stores In Las Vegas And Denver
Canada Goose announced plans to open stores in permanent locations in Las Vegas and Denver, including two pop-up stores in Aspen and Detroit.
Adidas Eyes Puma’s Outgoing CEO Bjorn Gulden As New CEO
Adidas AG confirmed Friday that it is in talks with Puma Chief Executive Bjorn Gulden as a potential CEO successor. Earlier Friday, Puma said Gulden would leave at the end of the year and appointed Arne Freundt as its new CEO, effective January 1, 2023.
NRF Sees Holiday Sales Growing As Much As 8 Percent
The National Retail Federation (NRF) expects holiday sales growth over November and December will expand in the range of 6 percent to 8 percent to between $942.6 billion and $960.4 billion. Last year’s holiday sales grew 13.5 percent over 2020.
Unifi’s Q1 Sales Slump 8 Percent
Unifi, Inc. reported an operating loss in the first quarter ended October 2 as sales declined 8.4 percent due to temporary demand disruption in the Americas and Asia tied largely to inventory destocking in the apparel space. The fabric company withdrew its guidance for the year due to uncertainty about the timing of a recovery in the apparel sector.
Cotopaxi Hires Chief Brand Officer
Cotopaxi hired Brad Hiranaga as its chief brand officer. He join the company in September from General Mills where he held the position of chief marketing officer.
Compass Diversified Sees Q3 Adjusted Earnings, Pro Forma Sales Up 15 Percent
Compass Diversified, the parent company to a number of active lifestyle brands, including BOA, 5.11, Primaloft and Velocity Outdoor, among others, posted $597.6 million in net sales in the third quarter, up 22 percent compared to $488.2 million in the third quarter of 2021.
Fox Factory Q3 Sales And Earnings Up Double-Digits
Fox Factory Holding Corp. reported sales for the third quarter increased 17.8 percent to $409.2 million, compared to $347.4 million in the comparable period last fiscal year.
REI Co-op To Open Second Store In New Hampshire
REI Co-op will open a new store in Bedford, NH, in fall 2023; this is the retailer’s second location in the state. The 22,000-square-foot space will be at Market and Main, at 125 S. River Road.
Titleist Parent Posts Strong Q3 Results Despite Footjoy Decline
Acushnet Holdings Corp. reported third quarter net sales of $558.2 million, up 7.0 percent year over year, or up 13.5 percent in constant currency.
The Buckle’s October Comps Inch Up
The Buckle, Inc. reported that comparable store net sales for the 4-week period ended October 29, 2022 increased 1.4 percent from comparable store net sales for the 4-week period ended October 30, 2021.
OR Show, Surf Expo Parent Sees Q3 Revenues Decline 18 Percent
Emerald Holding, Inc. reported a sales decline of 18.4 percent due to the shift in the timing of events in the current year versus the year-ago period.
Gildan Activewear’s Q3 Revenues Advance 6 Percent
Gildan Activewear, Inc. reported that adjusted earnings per share rose 5 percent in the third quarter ended October 2 year over year. Sales advanced 6 percent as a 13 percent increase in activewear sales offset a 26 percent decline in the hosiery and underwear category.
Under Armour Slightly Lowers Full Year Outlook
Under Armour Inc. slightly reduced its EPS and sales guidance for the year despite reporting fiscal second-quarter results that were in line with company expectations and just ahead of Wall Street targets.
Vista Outdoor Cuts Outlook On Weakness In Outdoor Products Segment
Vista Outdoor Inc. became the latest firm in the active lifestyle space to reduce its guidance for its fiscal year due to the macroeconomic challenges with sales particularly weakening in its Outdoor Products segment. Second-quarter results came in line with recently updated guidance.
GOA Reports YTD Sales Growth Of 8.2 percent
Grassroots Outdoor Alliance (GOA) announced that based on topline revenue data provided by its retail members, GOA group sales numbers were up 8.2 percent year-to-date over 2021, which was a record-setting year for the group.
