12 ReTech Corporation has acquired E-motion Apparel, Inc. in a stock for stock transaction between 12 ReTech and Hubert (Hub) Blanchette, the owner and CEO of the company. E-motion Apparel owns several brands including E-motion Apparel, Lexi-Luu Dancewear, Punkz Gear and Skipjack.
Author: SGB Media
Dick’s Q4 Earnings Arrive At Upper End Of Guidance
Dick’s Sporting Goods reported earnings fell 13.8 percent before non-recurring charges in the fourth quarter, to $127.3 million, or $1.22 a share, but came in at the top of guidance. Same-store sales slid 2.0 percent, in line with guidance. Earnings for 2018 were guided to be flat to down 7 percent.
DSW’s Q4 Profits Slide On Charge To Exit Ebuys
DSW Inc. reported earnings in the fourth quarter fell 37.8 percent to $11.7 million, or 15 cents a share, after absorbing charges to write down and exit its Ebuys business. Earnings before non-recurring charges nearly doubled and exceeded guidance.
Cascade Designs Appoints New CEO
Cascade Designs Inc. announceD that outdoor industry veteran Jerry Heinlen will be the company’s new CEO.
Deckers’ Shares Slide On Marcato Sale
Shares of Deckers Outdoor fell $7.22, or 7.4 percent, to $90.28 on Monday after CNBC reported that Marcato Capital Management, the activist investment firm, had sold its stake in the company.
Tilly’s Q4 Falls Short Of Guidance
Tilly’s Inc. reported earnings improved modestly in the fourth quarter and came in the lower end of its projections. Same-store sale were flat, also slightly below guidance.
Clarus’ Q4 Sales Climb 27 Percent
Clarus Corp., the parent of Black Diamond Equipment, Sierra Bulletts and PIEPS, reported sales in the fourth quarter rose 27 percent along with strong earnings improvement.
Former Newell Director Indicates Support For Starboard’s Efforts In Public Statement
Starboard Value LP, the hedge fund seeking to replace Newell Brands’ board, commented on the public support for Starboard’s efforts provided by Kevin Conroy – the 5th director to resign from Newell’s Board of Directors since late January.
NSSF Supports President’s School Safety Plan Initiative
The National Shooting Sports Foundation (NSSF), the trade association for the firearms, ammunition, hunting and shooting sports industries, announced its support for President Donald Trump’s plan to help ensure children are kept safe and that firearms remain beyond the reach of prohibited individuals while respecting the rights of law-abiding firearms owners.
Study: Inactivity Rates Among Low-Income Households Near Historic Levels
The 2018 Physical Activity Council Participation Report finds a moderate rise in participation for many sports and activities, including fitness sports, outdoor sports and winter sports. On the downside, the study identified a continuing trend toward the affluent getting more active while the less affluent are becoming more inactive.
Hoka One One Partners With OutsidePR
Hoka One One, a division of Deckers Brands, has tabbed Sausalito-based OutsidePR to represent the brand.
Headsweats Celebrates 20th Anniversary With Hat Design Contest
Headsweats is inviting the public to join them in celebrating a major milestone by entering original artwork for the chance to be featured on a limited-edition 20th anniversary performance trucker hat.
Berkshire Hathaway’s Apparel Segment Sees Modest Gain In 2017
Berkshire Hathaway Inc. reported sales from apparel and footwear businesses – including Fruit of the Loom, Garan, H.H. Brown Shoe Group and Brooks Sports – increased 1.2 percent in 2017 compared to 2016, to $4.2 billion.
Eagle Creek Promotes Dan Funk To Retail Merchandising Manager
Eagle Creek is proud to announce they have promoted Dan Funk to Retail Merchandising Manager.
BioLite … Everyone Plays a Part
Bio Lite continues to bring clean cooking and charging to thousands of people with SolarHome 620.
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