Author: Eric Smith

Behind The Deal: Hibbett Makes Strong Retail Play With City Gear Acquisition

Behind The Deal: Hibbett Makes Strong Retail Play With City Gear Acquisition

Hibbett Sports Inc. CEO Jeff Rosenthal spoke with SGB about the company's $88 million (plus undisclosed incentives) acquisition of Memphis, TN-based “city specialty” retailer City Gear, which the Birmingham, AL-based retailer believes will be transformational for both companies as they leverage each other's strengths. (Read More)

VF Corp. Execs Talk Denver Relocation, Vans Growth & Other Timely Topics

VF Corp. Execs Talk Denver Relocation, Vans Growth & Other Timely Topics

VF Corp. CEO Steve Rendle and CFO Scott Roe spoke with SGB last week about five hot topics—the forthcoming move to Denver, VF’s commitment to becoming a purpose-led company, Vans’ five-year journey to $5 billion, growth drivers at The North Face and upside at two smaller brands—Icebreaker and Smartwool. Here’s what they shared. (Read More)

Outdoor Drives Amer Sports In Q3 As Company Stays Quiet On Anta Bid

Outdoor Drives Amer Sports In Q3 As Company Stays Quiet On Anta Bid

Amer Sports made it clear Thursday that the company wouldn’t discuss Anta Sports’ acquisition bid, leaving the company to focus solely on Amer’s solid third-quarter performance, especially in the company's outdoor segment. Amer Sports reported earnings in the third quarter ended September 30 increased 47 percent while sales grew 8.5 percent. (Read More)

Vans Begins Journey To $5B In Style By Driving VF Corp.’s Strong Q2

Vans Begins Journey To $5B In Style By Driving VF Corp.’s Strong Q2

The path that Vans will travel en route to $5 billion in annual revenue by 2023 is sure to be strewn with economic headwinds and market deviations along the way, but the action lifestyle brand is kicking off its quest toward that ambitious destination in style. Vans revenue grew 26 percent in the second quarter ended September 29, boosting parent company VF Corp.’s revenue 15 percent to $3.9 billion for the period. (Read More)

How To Navigate The Trade War

How To Navigate The Trade War

Companies that are subject to new tariffs on Chinese-made products might be able to mitigate some or all of the financial impact, according to David Cohen, a Washington, DC-based international trade lawyer, who spoke at the recent SFIA Industry Leaders Summit. “You’re not sitting ducks. There are ways, there are countermeasures, that companies can take.” (Read More)

SGB Executive Q&A: Coast Products CEO David Brands

SGB Executive Q&A: Coast Products CEO David Brands

Coast Products has a rich history. The Portland, OR-based maker of knives, multitools, headlamps, flashlights and other accessories is turning 100 next year and has been family-owned since its founding in 1919. CEO David Brands spoke with SGB about the origins of the company his grandfather created, what's driving growth and where Coast goes from here. (Read More)

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