Winnebago Industries Inc. CEO Mike Happe admits the recreational vehicle industry is facing some challenging wholesale headwinds, but he also believes the marketplace—and especially his company—is resilient enough to weather them.
Author: SGB Media
PVH Corp. To Reacquire Tommy Hilfiger License In Central And South East Asia
PVH Corp. on Monday announced that it has entered into a definitive agreement to reacquire from Dickson Concepts (International) Ltd. the license for the Tommy Hilfiger brand in Hong Kong, Macau, Taiwan, Singapore and Malaysia, along with certain related leases and retail assets.
Yuengling, Phillies All-Star Aaron Nola Announce Official Partnership
D.G. Yuengling & Son, Inc. on Monday announced its partnership with Philadelphia Phillies pitcher Aaron Nola. Aaron is one of the first active, MLB players to have a partnership with a beer brand.
Swanson Russell Promotes Eight in Lincoln and Omaha Offices
Swanson Russell recently promoted eight people in its Lincoln and Omaha offices: Zach Bock, Laura Duensing, Ryan Koenig, Hannah Murphy, Emily O’Malley, Quentin Orr, Ashley Stephan and Megan Woodard.
Avenatti Arrested For Attempting To Extort Nike
Attorney Michael Avenatti was arrested Monday on federal charges of attempting to extort millions of dollars from Nike Inc. with threats of bad publicity last week right before the footwear and apparel giant reported third-quarter earnings and the NCAA basketball tournament began.
Lululemon To Sponsor Toronto 10K And Edmonton 10K
For the third year in a row, Canada Running Series is partnering with Lululemon for the Lululemon Toronto 10K, to be held on Saturday, June 15, 2019.
Winnebago Q2 Profits Dip 2.2 Percent
Winnebago Industries reported a slight decline in earnings in the second quarter ended February 23 as sales retreated 7.6 percent.
Yue Yuen’s Earnings Sink In 2018
Yue Yuen Industrial (Holdings) Ltd. reported earnings declined 40.3 percent in the year ended December 31 to $307.1 million. Revenues were down 6.3 percent to $9.7 billion.
Li Ning’s Profits Improve In 2018
Li Ning reported earnings in 2018 rose 39 percent on an 18 percent revenue gain.
RECALL: Alpha Guardian Gun Safes
Alpha Guardian is recalling about 1,250 Stack-On Sentinel gun safes because a bolt malfunction can cause the safe to open without the use of a key or combination, allowing access to any firearms stored inside, posing an injury hazard.
PXG Signs LPGA Winner Celine Boutier
PXG has signed LPGA Tour winner Celine Boutier to its ambassador roster.
Oakley Signs Patrick Mahomes
Patrick Mahomes II, MVP quarterback, has become the first ever football player to sign on as an ambassador for Oakley.
MEC To Open Relocated Flagship In Toronto
MEC, Canada’s leading outdoor retailer, confirmed its relocated Toronto flagship store will open April 13, 2019.
Amazon Reports Roundup
A number of retail studies arrived over the last few weeks on retail’s disruptor, Amazon, including the e-commerce giant’s break-through in apparel, expanding dominance in product search, private-label shortfalls, trust credibility, digital advertising pushes and more.
Nike Sees No Slowdown In Momentum
Shares of Nike Inc. closed down nearly 7 percent on Friday after the company reported North America sales in the third quarter and fourth-quarter guidance that both missed Wall Street’s targets. But sales in the third quarter still more than doubled the growth rates of its closest rivals, Adidas and Under Armour, as Nike officials insisted its Consumer Direct Offense initiative is only getting started.
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