Thor Industries Increases Quarterly Dividend

Thor Industries, Inc. reported that its Board of Directors approved an increase in the amount of its regular quarterly dividend to 48 cents per share from 45 cents, an increase of approximately 7 percent.

NRF: Import Volumes Slowing Heading Into Holiday Selling

Import cargo volume at the major container ports in the U.S. has hit its expected peak for the year and should gradually slow moving into the holiday season, according to the Global Port Tracker report released by the National Retail Federation(NRF) and Hackett Associates. Ports have not reported September numbers, but Global Port Tracker projected the month at 1.94 million TEU, down 4.3 percent year-over-year. October is also forecasted at 1.94 million TEU, down 3.1 percent year-over-year.

Birkenstock Holding Makes Debut on Wall Street Today

Birkenstock Holding is set to list its U.S. initial public offering at $46 a share, slightly below the midpoint of its projected range between $44 and $49. The stock is set to begin trading Wednesday morning at the open of the New York Stock Exchange under the symbol BIRK.

Industry Analyst Joins Edelman Smithfield

Edelman Smithfield, a financial communications firm, announced that Kimberly Greenberger, a veteran Wall Street analyst covering the apparel and footwear space, has joined the firm as a senior advisor.

Stio Commits to Removing PFAS by 2025

Stio, the mountain lifestyle brand headquartered in Jackson Hole, WY, reported its commitment to removing per- and polyfluorinated chemicals (PFAS) from its technical apparel, footwear and accessories line.  With the launch of Stio’s FW 2023/24 collection, the brand is progressing towards its goal, with more than half of the line made without PFAS. Stio said […]

Gatorz Eyewear Hires New Head of Marketing

The performance eyewear manufacturer, appointed industry veteran Scott Sorensen as head of marketing, overseeing consumer and product marketing strategies, strengthening the brand’s positioning and executing growth initiatives.