The leadership team at Hibbett Sports Inc. fully understands that the company is far behind competitors’ digital investments, but the company is making concerted efforts to catch up, and digital progress showed up in Hibbett’s first-quarter earnings. (Read More)
Revenue growth across the Deckers Brands portfolio—Ugg, Hoka One One, Teva and Sanuk—allowed the Goleta, CA-based footwear company to close fiscal 2018 on a “high note,” said President and CEO Dave Powers. (Read More)
Firearms and ammunition revenue growth boosted Sportsman’s Warehouse in the first quarter, but it’s too soon to say how much the retailer is benefiting from its competitors pulling out of gun sales and how well these categories will perform throughout the year. (Read More)
The TJX Cos. Inc.—parent of Sierra Trading Post, T.J. Maxx, Marshall’s, HomeGoods and others—believes the company’s myriad of brands can reach the next generation of shoppers by strategically combining digital and traditional offerings. (Read More)
Shares dropped sharply at J.C. Penney Co. Tuesday with the announcement that Chairman and CEO Marvin Ellison would be leaving the retail giant to take over as the CEO of Lowe’s, effective July 2. (Read More)
The looming trade war with China that dominated headlines all spring and forced U.S. companies to fear heavy tariffs on their imports is now on hold. But is it really? (Read More)
Hemisphere Design Works is the result of a 2017 merger between KL Outdoor and GSC Technologies. The newly formed, 500-employee company is now ramping up production of a wide range of kayaks, pedal boats, human-powered fishing boats and paddling accessories under the Sun Dolphin, Evoke, Future Beach and Swiss Cargo brand names. (Read More)
Patagonia CEO Rose Marcario has again spoken out in defense of her company’s campaign against the current administration’s attack on public lands, telling the popular podcast Recode Decode the stance has had a “positive effect on business” and that Patagonia is poised to have its “best [sales] year ever.” (Read More)
March, April and May should be a time for Nike Inc. to focus on promoting new products and growing North American revenue, but this spring the global footwear giant has instead been stumbling over accusations of workplace harassment, which has led to a host of high-profile executive departures (Read More)
Hong Kong footwear manufacturer Yue Yuen Industrial (Holdings) Ltd. saw earnings dip but revenue climb in the first quarter, bringing the supplier mixed signals to begin the year. (Read More)
SGB goes inside the fight against counterfeits, knockoffs and fraudulent websites by looking at how two companies—Nite Ize and Scott Sports—are combatting the problem, as well as outlining steps a business can take to mitigate risk. (Read More)
Canadian Tire Corp.’s acquisition of iconic outdoor brand Helly Hansen from Ontario Teachers' Pension Plan for US$771 million fulfills two goals for the diversified company—bolster the company's core business and extend the company's reach across the globe. (Read More)
Helly Hansen is being sold to Canadian Tire Corp. for about $771 million in a deal announced early Thursday, but don’t look for sweeping changes at the iconic Norwegian outdoor brand. Helly Hansen CEO Paul Stoneham (pictured, pointing) spoke with SGB about what's in store for the company moving forward. (Read More)
Wolverine Worldwide Inc.’s first-quarter performance not only beat analysts’ expectations on both revenue and income, but it prompted the company to raise full-year earnings guidance as the next phase of an ambitious, multimillion-dollar global growth agenda kicks in. (Read More)
Crocs Inc.’s “Come As You Are” branding campaign is paying off for the company in measurable and impressive ways. Crocs reported first-quarter earnings of $12.5 million, up 73.6 percent, as sales of $283.1 million improved 5.7 percent while operating expenses declined. (Read More)
Even though Clarus Corp. missed analysts’ estimates on income in the first quarter, the parent company of Black Diamond, Sierra Bullets and Pieps exceeded revenue expectations behind the strength in ammunition and apparel. (Read More)
Dorel Industries executives blamed “poor cycling weather” and financial fallout from the Toys “R” Us liquidation as the primary drivers for Dorel Sports segment revenue declining 3.5 percent in the first quarter. (Read More)
Vans delivered another record quarter for VF Corp., which rode the footwear brand and the rest of its portfolio to an outstanding first quarter. VF reported earnings of $252.8 million, or 65 cents per share, for the quarter ended March 31, up 20.9 percent from the same quarter a year ago. (Read More)
First-quarter success in international markets without the benefit of sustained marketing support has GoPro Inc. bullish on sales prospects in those regions, and really everywhere the company’s products are sold. (Read More)
Strong demand for Titleist golf clubs–most notably the 718 irons, Vokey SM7 wedges and Cameron Select putters–helped drive parent company Acushnet Holdings Corp.'s strong first quarter. (Read More)