Crocs’ Q1 Revenues Vault 64 Percent

Crocs, Inc. reported sales catapulted 64 percent in the first quarter and said it now expects sales for 2021 to climb between 40 percent and 50 percent. Earnings in the first quarter increased over six-fold.

Backcountry Appoints New CFO

Backcountry.com announced the hiring of Jim Bell as its new chief financial officer, effective April 19, further strengthening Backcountry’s leadership team as it capitalizes on growth in e-commerce while preparing to expand its brick & mortar retail footprint.

Emerald Launches B2B E-commerce Platform

Emerald Holding Inc. announced the launch of its Digital Market B2B e-commerce platform that supports product sourcing and ordering across a broad range of brands. The platform also provides a more streamlined and collaborative buyer/supplier experience at its in-person events, including Outdoor Retailer and Surf Expo.

Craft Sportswear To Sponsor Tough Mudder

Tough Mudder said Craft Sportswear has entered into a multi-year global partnership to become the “Official Performance Apparel and Footwear” of the series. Previously, Merrell was the footwear sponsor and Alanic was the apparel partner.

Skechers’ Profits Surge In First Quarter

Skechers U.S.A., Inc. saw earnings double in the fourth quarter as sales grew 15.0  percent. International Wholesale sales grew 23.8 percent while direct-to-consumer sales jumped 18.1 percent. The company also predicted sales will advance about 26 percent in 2021.

The North Face Announces Environmental Commitments

In honor of Earth Day, The North Face is introducing a new sustainability-focused “vision” it calls “Exploration Without Compromise,”  which outlines a series of actionable commitments the company will implement over the next few years. The North Face plans to use a seal to identify its sustainable products which it defines as having been made with “75 percent or greater recycled, organic, regenerative and/or responsibly-sourced renewable materials by weight” on its website and in its stores.

VF Corp Appoints CFO

VF Corp. announced that it has appointed Matt Puckett to the position of executive vice president and chief financial officer. He was formerly VF’s VP, global financial planning & analysis.

Activist Investor Group Vexes About Delayed Annual Meeting

Legion Partners Asset Management LLC, the Activist Investor Group that has nominated seven directors to sit on Genesco’s board,  criticized the decision to delay Genesco’s annual shareholder meeting in an open letter to the retailer’s board of directors.