Seirus announced that Charlie Hepburn of Truckee, CA has joined the team as its sales representative for the Lake Tahoe region.
Author: SGB Media
Cascade Designs Makes New Hires In Product Development And Marketing
Cascade Designs announced the addition of three new hires to its product development and marketing teams. Kalon Pilmanis will serve as senior director, product; Jeff Moberg will work as a product line manager; and Ashley Brown will assume the role of senior copywriter.
Inside The Call: Deckers Brands Posts First Billion Dollar Revenue Quarter
Deckers Brands reported that net sales increased 14.8 percent to $1.08 billion in the fiscal third quarter, compared to $938.7 million for the prior-year comp period. On a constant-currency basis, net sales increased 13.8 percent for the quarter.
Inside The Call: Skechers Q4 Results Hurt By Over-Reliance On Owned-Retail Stores
Skechers USA posted flat sales in the 2020 fourth quarter even as its direct-to-consumer business took a hit from closed owned-retail stores and the subsidiary’s business in Latin America and Europe surged with strong double-digit growth.
Johnson Outdoors Sees 29 Percent Quarterly Sales Hike
Johnson Outdoors Inc. reported total company net sales in the first quarter ended January 1 rose 29 percent year over year to $165.7 million, versus $128.1 million in the prior year fiscal quarter. Helen Johnson-Leipold, Chairman and CEO, said in a statement, “Strong demand in the company’s Fishing, Camping and Watercraft Recreation businesses delivered an unprecedented first fiscal quarter.”
Shoe Carnival Sees 6 Percent Fourth-Quarter Comp Gain
Shoe Carnival Inc. reported comparable store sales increased approximately 6.4 percent in the fourth quarter, on top of a 3.2 percent comparable store sale increase in the fourth quarter of fiscal 2019. The family shoe chain also said earnings doubled in the period.
Swix Debuts Concept Store In Lake Placid
Swix announced plans to launch its first U.S. retail outlet, its Concept Store, at the Mt. Van Hoevenberg Ski Stadium in Lake Placid, NY.
Nordstrom Outlines “Closer To You” Growth Strategy
Nordstrom Inc. discussed its long-term strategy to generate sustainable shareholder value Thursday at a virtual investor event. The company also reiterated fourth quarter 2020 expectations, introducing its fiscal year 2021 outlook and providing its long-term financial outlook.
Kohl’s Sees Q4 Earnings Topping Wall Street Targets
Kohl’s released preliminary fourth-quarter results, anticipating sales will be down about 10 percent year-over-year, and same-store sales will drop 11 percent.
Skechers Posts Weaker Q4 Profit As Pandemic Takes A Toll On Owned Stores
Skechers U.S.A., Inc. saw 2020 fourth quarter sales decrease 0.5 percent as a result of a 2.8 percent decrease in the company’s domestic sales partially offset by a 1.1 percent increase internationally.
Peloton Q2 Revenues Skyrocket 128 Percent
Peloton Interative Inc. reported total revenue jumped 128 percent in the second quarter ended December 31, to $1.06 billion.
GoPro Inc. Sees Net Loss Expand More Than Four-Fold in 2020 Fourth Quarter
GoPro, Inc. posted revenue of $358 million for the 2020 fourth quarter, representing a 32.3 percent decline from the prior-year quarter. The net loss was $67 million for the period compared to a net loss of $15 million in the prior-year period.
NFL, Skillz Partner To Crowdsource Mobile Esports Game
The National Football League (NFL) is teaming up with Skillz to crowdsource a future mobile esports. As part of the agreement, the two sports organizations will host a global game developer challenge. Competing developers will have the opportunity to develop an NFL-themed mobile game. The game will be powered by the Skillz esports platform and […]
Deckers Brands Posts Solid Fiscal Q3 On Hoka Surge, E-Commerce Jump
Deckers Brands reported that net sales increased 14.8 percent to $1.08 billion compared to $938.7 million for the same period last year. On a constant-currency basis, net sales increased 13.8 percent.
Columbia Sportswear’s Q4 Earnings Decline On Impairment Charges
Columbia Sportswear Company reported earnings in the fourth quarter were down 16 percent due in part to impairment charges tied to retail and its Prana trademark. Sales declined 4 percent. Both earnings and sales, however, topped Wall Street targets. Chairman, President and CEO Tim Boyle said, “I’m encouraged by our e-commerce growth as well as wholesale orders for the Spring and Fall 2021 seasons, which we anticipate fueling our continued recovery in 2021.”
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