Aventura Clothing acquired Icelandic Design and its subsidiary brands, Wooly Bully and Newari Accessories.
Category: Apparel
Champion’s Sales Climb Double Digits In Q3
Asked if the Champion brand is feeling pressure from the promotions being employed by Nike and Under Armour to reduce inventories in the U.S. market, Gerald Evans, HanesBrand’s CEO, said the core Champion business “was up 20 percent in our sporting goods and department store mid tiers. We now have the TSA bankruptcy behind us and we saw nice growth in our Sports License Apparel business as well.”
2XU Partners With Life Time
The partnership names 2XU as the official compression apparel brand of Life Time, delivering performance apparel to their members, staff and trainers in-club and online.
Downlite Appoints VP Quality Assurance And Compliance
In its ongoing effort to ensure continued leadership in international quality assurance, product integrity and quality compliance, Downlite has appointed Clive Wilkie as vice president, quality assurance & compliance.
Newell’s Play Segment Shows Modest Q3 Growth
Newell Brands Inc. reported that its Play segment, formerly K2’s Outdoor Solutions segment, generated net sales of $611 million in the third quarter, a 2.4 percent increase compared with $597 million in the prior year. Core sales grew 2.3 percent, reflecting growth in all three businesses with strong increases in Team Sports and Fishing.
Gildan Activewear Lifts Full-Year EPS Guidance On Above-Plan Q3
Gildan Activewear raised its earnings guidance for the year due to better-than-expected third-quarter earnings but slightly lowered its sales outlook due to slowing growth in its Branded Apparel segment.
Deckers Brands Mails Letter To Stockholders Highlighting Merits Of Board’s Strategy
Deckers Brands announced that its Board of Directors has sent a letter to stockholders in connection with Deckers’ upcoming 2017 Annual Meeting of Stockholders to be held on December 14, 2017. The board offered its full support of the Deckers’ management team.
Arc’teryx To Open Ski Academy In Grand Tetons
Arc’teryx has expanded its collection of educational mountain-skills symposiums to include the new Arc’teryx Backcountry Ski & Snowboard Academy, scheduled to be held February 9- 11, 2018 in Jackson Hole, WY.
Two Under Armour Execs Leaving Company
Under Armour confirmed that Andy Donkin, its chief marketing officer, and Pamela Catlett, senior vice president and general manager of women’s and youth categories, will exit the company at the end of the month.
HanesBrands Shows Meager Activewear Gain In Q3
HanesBrands reported Activewear sales increased 1 percent in the third quarter due to a “muted back-to-school season at retail.” Online sales of Activewear increased by more than 30 percent and Champion sales in the midtier, sporting goods and college bookstore channels achieved double-digit growth.
Zumiez Comps Increase 6.6 Percent In October
The action sport’ chain’s comparable sales increased 6.6 percent for the four-week period compared to a comparable sales increase of 10.2 percent in the year ago period.
Big 5 Gaining Market Share Out West
Shares of Big 5 Sporting Goods jumped on Wednesday after the West Coast-based chain indicated it’s holding onto market share gained from the exit of older competitors (Sports Authority, Sports Chalet) while faring well against a newer competitor (Dick’s).
Report: Kering Hires Rothschild To Spin Off Puma
Kering has appointed Rothschild & Co to handle the potential spinoff of Puma, according to a report in French business magazine Challenges.
Darby Communications Stand Up Initiative Accepting Applications
The initiative, launched in November 2016, provides pro-bono PR related services to awarded environmental non-profits with projects focusing on environmental and sustainable advocacy, or the preservation and protection of public lands.
Wolverine Project Bootstrap Sheds Light On Skills Gap
Project Bootstrap is Wolverine’s way of saying thank you to the women and men who keep the country running through their expert skills and strong work ethic.
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