Canada Goose Wins Approval for Renewal of Normal Course Issuer Bid
The NCIB, as renewed, provides for the purchase for cancellation of up to 4,556,841 subordinate voting shares of Canada Goose over the twelve-month period commencing on November 22, 2024 and ending no later than November 21, 2025.
EXEC: Arc’teryx Outperforms Once Again in Q3 Despite Tough 2023 Comps
Direct-to-consumer remains the brand’s core growth engine, but Arc’teryx also reported strength in the Wholesale channel, which grew 26 percent. U.S. Wholesale was reportedly a standout for the quarter, especially for Arc’teryx.
Hartford Sales Group Celebrates 40 Years as Indie Sales Agency
The company, founded in October 1984 by Larry Hartford, cut its teeth on new brands launching in the market. Hartford started his footwear and apparel sales career ten years prior, representing Tred2, Brooks, Court Casuals and many others in the active outdoor space.
Williams Athletic Club Apparel Brand Adds to Leadership Team
The luxury lifestyle golf brand, has named golf industry experts Marty Hackel, the former fashion director at Golf Digest, and Alyson Ramsey Johnson, CEO of golf marketing agency Gilly Group, to the brand’s leadership team and as investors of the apparel company.
Report: Private Golf Clubs are Vital Contributors to National and Local Economies
The study found that private clubs provided a total payroll of $17.4 billion in 2023, with $14.6 billion in wages and $2.8 billion in payroll taxes and benefits, surpassing large corporations.
EXEC: Amer Sports Sees Sharp Contrast Between West and East in Q3; Provides China Update
Amer Sports, which is majority owned by its China retail partner, highlighted on its conference call with analysts that while other consumer companies faced challenges in Greater China in Q3, Amer generated 56 percent growth in the region, continuing to “well outperform the market.”
Champion Europe Appoints New Creative Director
Maurizio Donadi’s will oversee the creative development of Champion’s product lines and seasonal collections. His arrival is reported to mark a shift in the brand’s direction under the new ownership of Authentic Brands Group, which acquired the brand in October.
EXEC: Scottish Retail Industry Urges Consumers to be Considerate this Christmas Season
Scotland’s retail trade association and its trade union for retailers have joined together this holiday season to encourage more “considerate” Christmas shopping in 2024.
Survey: Consumers Expected to Spend $125 Billion Over Thanksgiving Weekend 2024
ICSC said 90 percent of consumers – or 236 million people – plan to shop based on the results from the 2024 Thanksgiving Weekend Intentions survey.
Nite Ize Spins Off Tru Zip to Stand-Alone Brand
Nite Ize, manufacturer of the Tru Zip toothless, dustproof and waterproof zipper, announced that the product now operates as an independent brand. Nite Ize, the product inventor, will remain its sole distributor.
S&S Activewear Taps Industry Veteran to Lead Hard Goods Division
Eric Levin brings over 33 years of industry leadership to this role, having previously founded Jetline, a promotional products business that merged with Prime Line in 2015, which Alphabroder acquired and became the supplier’s hard goods division. Levin served as executive vice president of strategy and growth.
Rallyware Unites Brands and Retail Teams for Peak Frontline Performance
Rallyware announces the launch of its frontline enablement platform for retailers in the running, sports, and outdoor industries, uniting brand training with tools to empower store associates for peak in-store performance.
EXEC: Safilo Saw Smith’s Q3 Performance Hurt by Still Cautious U.S. Market Environment
The quarterly performance showed lingering soft trends in North America and Asia, while trends proved more resilient in Europe, despite the slowdown of the sunglasses business. Smith’s performance remained affected by a still cautious market environment.
Ugg Celebrates the Holiday Season with “Corner” Pop-Up in Nordstrom NYC
“Ugg at The Corner” features a curated selection of Ugg-branded footwear, outerwear, sportswear, socks, robes, and cold-weather accessories for men, women and kids.
EXEC: Fila USA Continues Downward Spiral as Q3 Revenues Fall 57 Percent Over Two Years
The company said the decline in Q3 was mainly due to the competitive market environment in the sports fashion category caused by “excessive discounting.” The company is now focusing on margin improvement and brand-centric strategies to enhance brand equity.
