VF Corp. reported revenues in its Outdoor & Action Sports coalition increased 14 percent in the quarter to $1.6 billion with double-digit growth across the U.S. and international markets as well as in wholesale and direct-to-consumer channels. Among its m
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Facebook Buys Moves Fitness Tracking App
Facebook has acquired Moves, a fitness tracker app on iOS and Android. Launched in Jan 2013, and called by Apple as ‘surprise hit’, Moves has been downloaded 4 million times to date for iPhone and Android phones…
Hoka One One to Sponsor U.S. Bank OC Marathon
Hoka One One, a division of Deckers Outdoor Corporation, has become the official footwear sponsor of the upcoming U.S. Bank OC Marathon in Newport Beach, CA, scheduled to be held on Sunday, May 4, 2014…
Under Armour to Outfit Seton Hall University
Under Armour, Inc will become the exclusive outfitter for all Seton Hall University varsity sports teams, beginning July 1, 2014…
Sports Authority Celebrates Reopening of all South Florida Locations
Sports Authority hosted grand reopening events for 14 stores in South Florida on Saturday, Apr. 26…
J. America Appoints President, Team Licensed Group.
J. America, Inc., the licensed apparel company, appointed Ben Turner as president of the Team Licensed Group (TLG). Prior to J. America, Turner held senior executive positions at Colosseum Athletic, Reebok, and Adidas…
Boxercraft Partners with Minor League Baseball
Boxercraft has partnered with Minor League Baseball (MiLB) through a national retail apparel license agreement. Boxercraft’s classic and historic line of loungewear will be available to consumers for all 160 clubs beginning this season…
Deckers Sees Double-Digit Gains in Spring Quarter
Led by a 15.8 percent gain for Ugg, Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million. The company recently changed its fiscal year from Dec. 31 to Mar. 31, and, as a result,
VF’s Momentum Accelerates in Q1
Carried by double-digit gains at The North Face, Vans and Timberland coupled with gross margin expansion in every coalition, VF Corp. reported net income rose 9.9 percent in its first quarter and hiked it outlook for the year. Earnings reached $297.2 mill
Footwear and International Boosts UA’s Q1
With ongoing robust growth is apparel and “meaningful acceleration” in both footwear and its overseas businesses, Under Armour, Inc. reported net revenues vaulted 36.0 percent in the first quarter, to $642 million. Net income surged 73.3 perce
Deckers Q1 Revenues Climb 11.7 Percent
Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million, led by a 15.8 percent gain for Ugg. Deckers showed a loss of $2.7 million, or 8 cents a share, better than the company'
Brunswick’s Q1 Revenues Dip
Brunswick Corporation reported net sales decreased 3 percent in its first quarter. Gains in its fitness segment, including Life Fitness, were offset by declines in its marine engine, boat and bowling & billiards segments…
Delta Apparel Sees Q2 Revenue Slide
Delta Apparel, Inc. reported that for its fiscal 2014 second quarter ended Mar. 29, 2014, net sales were $114.5 million versus $120.1 million for the comparable 2013 period. The 5 percent sales decline was due primarily to unseasonably cold weather throug
Rocky Brands Q1 Revenues Jump 22.5 Percent
With work, western and hunting all posting strong double-digit gains in the period, Rocky Brands, Inc. reported first quarter sales increased 22.5 percent to $65.8 million…
VOXX International Makes Strategic Investment in EyeSee360
VOXX International Corporation made a $3 million investment in EyeSee360, Inc., creator of the panoramic video camera, 360Fly, and the smartphone attachment, 360MicroFly, both of which were launched in the VOXX booth at the Consumer Electronics Show (“CES