Yue Yuen Industrial (Holdings) Limited recorded revenue of US$4.81 billion in the six months, representing an increase of 17.7 percent, compared with the corresponding period last year.
Category: Footwear
Beachbody’s Revenues Show Modest Q2 Gain
The Beachbody Co., in its first report since going public, reported total revenue in the second quarter was $223.1 million, a 2 percent increase compared to 2020 and a 21 percent increase compared to 2019.
Zappos.com Becomes Abercrombie & Fitch’s U.S. E-commerce Partner
Zappos.com and Abercrombie & Fitch announced a partnership to sell Abercrombie & Fitch apparel through Zappos.com.
Moody’s Assigns Ba2 Rating To Wolverine’s Proposed Senior Unsecured Notes
Moody’s Investors Service assigned a Ba2 rating to Wolverine World Wide, Inc.’s proposed $550 million senior unsecured notes due 2029.
Adidas Partners With For Soccer Ventures
For Soccer Ventures (FSV) based in Philadelphia, announced a strategic partnership making Adidas the official athletic apparel sponsor for Verizon Copa Alianza, Ford Copita Alianza, TUDN Alianza Femenil, Alianza 5v5, and Allstate Sueño Alianza.
Adidas Sells Reebok To Authentic Brands For $2.5 Billion
Adidas reached a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to €2.1 billion, or about $2.5 billion.
Dillard’s Q2 Revenues Surge 72 percent
Dillard’s Inc. reported a strong rebound in earnings in the second quarter ended July 31 as sales grew 72 percent.
SportChek’s Same-Store Sales Climb 28.6 Percent In Second Quarter
Canadian Tire Corporation Ltd. reported comparable-store sales at SportChek improved 28.6 percent year-over-year in the second quarter ended July 3. Compared to 2019, comparable sales were up 5.1 percent at SportChek. Helly Hansen’s external revenue was $100.6 million, up 45.9 percent year over year.
Wolverine Worldwide Offers $550 Million Of Senior Notes
Wolverine World Wide Inc. announced that it is offering a $550 million aggregate principal amount of senior notes due 2029. Proceeds will be used to repay other notes.
Rocky Brands Increases Quarterly Dividend
Rocky Brands Inc. announced that its board of directors has approved a $0.015 increase, or an approximately 10.7 percent increase.
Jordan Footwear VP To Retire
Gentry Humphrey has announced his retirement from Nike Inc., according to a Complex report. He most recently served as the VP of Footwear for the Jordan Brand and has been with Nike since 1994.
Yue Yuen’s July Sales Decline 7 Percent
Yue Yuen’s consolidated operating revenue reached $611.3 million in July, down 6.6 percent against $654.4 million a year ago.
Bass Pro To Open Third St. Louis Location
Bass Pro Shops and Cabela’s announced plans to open a new store in Sunset Hills, MO. The 75,000-square-foot store will be the outdoor retailer’s third location in the St. Louis region.
Salomon Appoints New President
Amer Sports Corp. announced the planned appointment of Franco Fogliato as president and CEO of Salomon. Fogliato most recently held the position of executive vice president global omnichannel for Columbia Sportswear.
Prana Appoints Director Of North American Sales
Prana announced the promotion of Christian Castellani to North America sales director.
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