Cherokee Global Brands appointed Mark Conway to the newly-created role of chief brand and revenue officer. In this role, conway will oversee new business development, strategic brand planning, ecommerce and marketing and will manage development and oversight of Cherokee Global Brands’ licensee partnerships worldwide.
Category: Apparel
’47 Expands NBA Partnership
The agreement grants the brand rights to use current NBA team logos on adult apparel as well as men’s, women’s and youth headwear. ’47 will also create product for the league’s key seasonal moments including NBA All-Star, NBA Playoffs and NBA Finals.
HanesBrands’ Downgraded Over Champion’s Growth Concerns
Oppenheimer lowered its rating on HanesBrands Inc. due in part to signs of slowing growth and competitive pressures at Champion.
National Park Service Proposes Steep Fee Hikes At Popular Parks
Visitor fees to America’s most popular national parks, including Yosemite, Grand Canyon and Yellowstone, could more than double to $70 during five peak months under a proposal unveiled Tuesday.
Shimano’s Profits Slump In Nine Months
Shimano reported earnings slumped 46.3 percent in the first nine months of the year due to a weak cycling market.
Puma Talks Rihanna Brand Benefits, Promotional Fears
On a media call following the report of above-plan third-quarter results, Bjørn Gulden, Puma’s CEO, detailed how Rihanna was boosting the brand’s women’s business while also indicating a promotional climate in both the U.S. and Europe may crimp fourth-quoter sales gains.
Volcom’s Sales Disappoint
Kering reported revenues in its Sport & Lifestyle segment grew 15.9 percent on a currency-neutral basis as a 17.3 percent jump at Puma offset a decline at Volcom.
Brooks Announces 2017 Inspiring Coaches Of The Year
Brooks Running Company recognized cross country coaches Neville Anderson of Athens Academy in Georgia and Denise Benson of Lexington High School in Ohio as 2017 Inspiring Coaches of the Year.
Camping World Plans Secondary Offering
Camping World Holdings Inc. announced a proposed secondary offering of 6.7 million shares of its Class A common stock by certain selling stockholders of Camping World, which includes 6 million shares offered by certain affiliates of Crestview Advisors LLC and 700,000 shares by CWGS Holding LLC, a wholly owned subsidiary of ML Acquisition Company LLC.
PrimaLoft Partners With L.L.Bean
L.L.Bean’s Ultralight Aero Sleeping Bag and Packaway line of coats, jackets and vests will be the first products to feature the PrimaLoft Gold Insulation Cross Core series, arriving at retail spring 2018.
Puma Lifts Outlook For Third Time This Year
Puma reported sales on a currency-neutral basis rose 17.4 percent in the third quarter, led by a 22.7 percent gain the EMEA region and a 15.6 percent jump in the Americas region.
Vans, DTC Power VF Corp.’s Brawny Q3
On a currency-neutral basis, Vans jumped 26 in the third quarter as the Americas grew 22 percent, Europe increased 39 percent and Asia Pacific advanced 23 percent. On the same basis, global sales declined 3 percent at North Face and 2 percent at Timberland, in part due to some fall shipments shifting to the fourth quarter.
Threadless Acquires Bucketfeet
Threadless, best known for their graphic apparel and accessories, has acquired direct to consumer shoe brand, Bucketfeet.
Report: Under Armour Mulling Category Exits, Kip Fulks Takes Sabbatical
Kip Fulks, a co-founder of Under Armour, will take a sabbatical from the company, according to a report from The Wall Street Journal. The company is also exploring exiting tennis and other smaller outdoor categories, including outdoor gear and fishing, sources told the Journal.
Callaway Signs College Player Of The Year
Callaway Golf Company signed 2017 NCAA Player of the Year Sam Burns to a staff pro agreement.
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