FabFitFun, a leading women’s lifestyle brand, announced that it has hired Chris Henley as vice president of engineering.
Category: Apparel
Maine Outdoor Brands Formed To Fuel Maine’s Outdoor Recreation Economy
An alliance of like-minded business leaders and entrepreneurs representing Maine-based outdoor product and recreation interests, recently launched Maine Outdoor Brands (MOB) with the desire of working collaboratively to ignite Maine’s outdoor recreation economy.
Roots Sees 13 Percent Q3 Revenue Growth
Roots, the Canadian lifestyle retailer, reported earnings on an adjusted basis rose 25.9 percent in the third quarter as sales grew 13 percent.
Billabong Announces Exclusive Collaboration With Iggy Pop
Billabong released the Iggy Pop x Billabong LAB collection, an exclusive apparel and accessory collaboration with the iconic musician.
L.L. Bean Chairman Joins UNH Foundation
Shawn Gorman ’89 — who is only the third chairman in L.L. Bean’s century-plus history — is now the newest member of the UNH (University of New Hampshire) Foundation’s board of directors.
Macy’s Executive Chairman Terry Lundgren To Retire
Macy’s Inc. announced that Executive Chairman Terry Lundgren will retire from the board of directors effective Jan. 31, 2018. The board has appointed Jeff Gennette, who has been CEO since March 2017, to the additional role of Chairman effective Jan. 31, 2018.
VF Corp. Announces New Sustainability & Responsibility Strategy
VF Corp. announced its new global sustainability and responsibility strategy, Made for Change. Made for Change outlines VF’s aspirations for advancing environmental and social improvements across its business, portfolio of brands, global supply chain and communities worldwide.
Aisle Talk, Week Of December 4
Top headlines from the active lifestyle industry you may have missed this week.
Duluth Holdings Posts Q3 Loss On Retail Expansion Costs
Duluth Holdings, the parent of Duluth Trading, reported a loss in the third quarter due to the costs of its aggressive store expansion but the store openings helped revenues run up 25.0 percent in the period.
BSN Sports Acquires Portion Of Hibbett Team Sales
Continuing its rapid consolidation of the team channel, BSN Sports completed the acquisition of a portion of the assets of Hibbett Team Sales Inc. (HTS), based in Birmingham, AL.
Iconix To Absorb Impairment Charge
Iconix Brand Group Inc. reported preliminary financial results for the third quarter and also said will recognize a non-cash intangible asset impairment charge of approximately $500 million to $750 million primarily related to the women’s segment.
Duluth Holdings Sees 25 Percent Q3 Growth
Duluth Holdings Inc., the parent of Duluth Trading Company, reported sales in the third quarter rose 25.0 percent. The company showed a loss in the period.
Nautica Renews Golf Sponsorships
The Nautica brand announced that it will be extending its marketing partnership with PGA Tour player Cameron Tringale for an additional year. Nautica is introducing 24-year-old PGA Tour player Michael Kim as a golf brand ambassador.
Cowen Cuts Adidas’ Estimates On North America Growth Concerns
Cowen lowered its estimates on Adidas for 2018 due to its belief that Nike’s product cycle is improving, heightened promotions are being seen in North America on the Adidas brand, and a possible moderation in Europe.
Lululemon Rebuts Athleisure Critics In Q3
Lululemon’s better-than-expected third quarter benefited from a 25 percent hike in e-commerce sales, growing momentum internationally, and growth of more than 20 percent in women’s pants, jackets and outerwear, and men’s.
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