This March, the swoosh will release the China-exclusive Li Na Collection, honoring her trailblazing determination and encouraging more girls to follow in her footsteps.
Category: Apparel
Iconix’s Active Labels Deliver Mixed Q4 Performance
Iconix Brand Group indicated that some of its active brands are facing challenges in lower channels that are not being completely offset by momentum seen by several of its labels in mid-tier and independent channels.
Billabong Sells Tigerlily Swimwear Brand
Billabong International Limited entered into an agreement to sell its Tigerlily business to Crescent Capital Partners.
Gildan Activewear’s Q4 Revenues Climb 8 Percent
Gildan Activewear reported fourth-quarter earnings that came in slightly better than planned. Sales in its Printwear segment were in line with expectations, while retailer inventory reductions contributed to lower-than-anticipated sales in Branded Apparel.
The Finish Line Youth Foundation Donates $526,203 In Q4
The Finish Line Youth Foundation awarded $151,203 in grants and $375,000 in donations for Special Olympics in the fourth quarter of 2016.
Sierra Trading To Open 15 Stores In 2017
The TJX Cos. plans to accelerate openings at Sierra Trading Post, with 15 stores to open in 2017, officials said Wednesday on the company’s fourth-quarter conference call.
Iconix Brand Shows Steep Loss On Write-Offs
Iconix Brand Group reported a loss of $297.5 million, or $5.30 a share, in the fourth quarter after absorbing a pre-tax impairment charge of $443 million related to certain of the company’s trademarks and goodwill.
Goldwin Launches Menswear Capsule
The collection features Gore-Tex shells and versatile layering pieces.
Wolverine Reports Q4 Loss
Wolverine World Wide Inc. reported a loss of $1.9 million, or 2 cent a share, in the fourth quarter, against earnings of $11.6 million, or 12 cents, a year ago. Adjusted earnings on a currency-neutral basis were slightly above year-ago levels and Wall Street’s target.
Macy’s Sees Comps Declining In 2017
Macy’s Inc. reported earnings declined in the fourth quarter and year while projecting same-store sales in 2017 would decline between 2.2 percent and 3.3 percent.
Who Will Land Outdoor Retailer?
Montana and Oregon joined Colorado in expressing their interest in the lucrative contract.
Dick’s Opens Stores In Iowa, New York And Georgia
Grand opening celebrations for new stores in Davenport, IA, Queens, NY and Hinesville, GA will occur March 10 through March 12.
Club Ride Apparel Launches Tees for Trails Program
Every year, the company will donate 50 percent of sales from their Tees For Trails line purchased on ClubRideApparel.com to non-profit organizations that promote trail advocacy.
Analyst Q&A: VF Corp. Q416
In the Q&A portion of VF Corp.’s fourth-quarter conference call on Friday, analysts questioned management about the distribution challenges facing The North Face in the U.S., whether the profitability in its Outdoor & Action Sports Coalition was sustainable, and open-to-buy rates by retailers.
Patagonia Launches ‘Defend Utah’s Public Lands’ Campaign
Patagonia launched a campaign urging residents of Utah to call Utah Governor Gary Herbert to “keep public lands in public hands” and retract his call for the Trump administration to rescind the Bears Ears National Monument.
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