Canada Goose’s Q4 Revenues More Than Double

Canada Goose Inc. reported net income of Canadian $6.6 million, or 7 cents a share, in the fourth quarter ended March 31, rebounding from a loss of C$23.3 million, or 23 cents, a year ago.  Revenues catapulted 144 percent.

Eric Sprunk Discusses Nike’s Sustainability Journey

Speaking recently at the Copenhagen Fashion Summit, Nike Inc.’s COO Eric Sprunk said Nike now knows “sustainability drives innovation and improves the performance of everything we make.” But he spent a large chunk of his keynote session discussing the brand’s shortfalls in the past and its long “journey” to embracing that mindset.

Licensing Expo’s Key Attendance Expands

Licensing Expo, held in Las Vegas from May 22 to 24, 2018, saw significant growth in key areas among its attendee base, including a 10 percent increase in retailers and 16 percent increase in first-time attendees.

May Retail Sales Up 5.6 Percent Over Last Year

May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation said Thursday. The numbers exclude automobiles, gasoline stations and restaurants.

Adidas, Nike Again Dominate World Cup

With FIFA World Cup 2018 starting in Russia, Adidas is sponsoring 12 of the 32 teams, a slight edge over Nike, at 10. Puma has four teams, New Balance has two and Umbro has one team, Peru.

Clarus Eyes Explosive Growth In Climbing Participation

Citing the rapid expansion globally in climbing gyms already and a huge boost expected by climbing becoming an Olympic sport for the 2020 games, John Walbrecht, president of Clarus Corp., the parent of Black Diamond (BD), sees the appeal of climbing expanding by leaps and bounds in the years ahead.