Foot Locker Inc. reported earnings on an adjusted basis grew 4.9 percent in the third quarter ended October 31 to handily exceed Wall Street targets. Same-store sales climbed 7.7 percent. Richard Johnson, chairman and CEO, said, “Although the back-to-school selling season kicked in later than usual due to COVID-19-related delays, momentum built as the quarter progressed.”
Author: SGB Media
HitchFire Grills Releases Forge 15 Grill At REI And Backcountry.com
HitchFire Grills is expanding its footprint releasing its Forge 15 grill at REI and Backcountry.com and going live soon with Camping World. The brand, launched in Fall 2020 by the founders of Tepui Tents, is anticipating strong growth moving into 2021 with additional retailers coming onboard and strong market indicators for category growth in the […]
Ugg’s Flagship Store Opens In NYC
Ugg’s new flagship store, located at 530 Fifth Avenue in New York City, opened today. A subsidiary of Decker Brands the concept store is the first for Ugg in the Big Apple with a 12,842-square-foot store that showcases its collections of footwear, ready-to-wear, accessories, and home.
Alterra Mountain’s Debt Ratings Downgraded
Moody’s Investors Service downgraded Alterra Mountain Company’s corporate family rating (CFR) to B2 from B1 and probability of default rating (PDR) to B2-PD from B1-PD.
ORR x VF Foundation Partner To Help Rural Communities Grow Economies Through Outdoor Rec
Outdoor Recreation Roundtable (ORR) is helping rural communities reinvigorate their economies through outdoor recreation through support from The VF Foundation. The Recreation Economy for Rural Communities assistance program, launched in 2019, is underway. ORR is working with the EPA, the U.S. Department of Agriculture Forest Service (USFS) and the Northern Border Regional Commission (NBRC) to implement […]
Famous Footwear’s Q3 Revenues Decline 12.3 Percent
Caleres reported revenues at its Famous Footwear segment fell 12.3 percent in the third quarter ended October 31, to $391.7 million from $446,6 million a year ago. Same-store sales were down 9.1 percent.
Delta Apparel Reports 70 Percent Operating Profit Expansion In Q4
Delta Apparel Inc. reported net income rose 42.9 percent in the fiscal fourth quarter ended October 3 as sales advanced 8.1 percent. Net sales in the Delta Group and Salt Life Group segments increased 7.6 percent and 12.5 percent, respectively, over the prior-year period.
Ross Stores Sees Slight Same-Store Decline In Q3
Ross Stores Inc. reported third quarter 2020 sales declined 2 percent to $3.8 billion, with comparable-store sales down 3 percent.
Hydro Flask Gift Of Go Holiday Campaign Returns
Hydro Flask announced the return of its Gift of Go Holiday Campaign. “Now more than ever, people view the outdoors as a healthy escape and a place where they can experience a boost in mental and physical wellness,” said Phyllis Grove, Hydro Flask vice president of marketing. “Our Gift of Go holiday campaign is about […]
Goat BoxCo Launches Food And Gear Storage Solution
Goat BoxCo is launching its Goat Cooler System for people who go at life. The system offers customizable storage and organization in a fully integrated, modular design. “If 2020 has taught us anything, it’s that life is unpredictable,” said Goat BoxCo’s Founder Jack Robbins. “Our mission at Goat is to equip people everywhere with the […]
GOA Welcomes Oboz Footwear, Mystery Ranch and HydraPak To National Vendor Partner Network
Grassroots Outdoor Alliance (GOA), announced the addition of Oboz Footwear, Mystery Ranch and HydraPak to its national vendor partner network. Debuting as new members during GOA’s November buyer’s meeting, the addition increases the group’s vendor membership to 64, joining its nationwide network of 89 independent retailers with 192 retail locations in 46 states. Grassroots vendor […]
Mountain Hardwear Bolsters European Presence With New Distribution Partners
Mountain Hardwear announced the expansion of its international distribution to include four new distribution partners in Europe.
TeamSnap Expands Partnership With Positive Coaching Alliance
TeamSnap is expanding its nine-year partnership with the Positive Coaching Alliance. The expanded partnership is part of TeamSnap’s $1 Million commitment to improving access to sport for underserved youth athletes.
Tommy Hilfiger Appoints President And Chief Brand Officer
Tommy Hilfiger, which is owned by PVH Corp., appointed Avery Baker as president and chief brand officer, effective November 17, 2020.
Under Armour, University Of Cincinnati Agree To Buyout
Under Armour has reached a buyout agreement with the University of Cincinnati, terminating its apparel sponsorship contract, according to documents obtained by the Baltimore Business Journal.
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