Stage Stores Addresses NYSE Listing Standards

Stage Stores Inc. announced that it received notification from the New York Stock Exchange (NYSE) on January 28, 2019 that the company is no longer in compliance with the NYSE continued listing criteria.

Ugg Powers Deckers Brands To Blowout Holiday Quarter

Tightened segmentation, success reaching men’s, and early cold weather in the U.S. helped drive robust sales for Ugg to help Deckers Brands handily exceed guidance in its holiday quarter. Hoka One One also remained on fire with sales now expected to reach $220 million in its fiscal year.

Wolverine Worldwide Makes Investment In Thrive Outside

Wolverine Worldwide is investing $300,000 in the Outdoor Foundation, the charitable arm of Outdoor Industry Association, to support the Thrive Outside Communities program, designed to help young people’s social, emotional and academic development through outdoor experiences.

Deckers Brands Hikes Outlook On Robust Wholesale Growth

Deckers Brands Inc. sharply raised its earnings guidance for its fiscal year after reporting earnings in the third quarter  December 31 easily topped guidance. The gains were led by a 12.5 percent climb in wholesale revenue. Ugg’s sales grew 3.6 percent while Hoka One One’s revenues jumped 79.2 percent.

Timberland Names Chris McGrath Vice President, Global Footwear Design

Timberland announced that industry veteran Chris McGrath has been named vice president, global footwear design. In this role, McGrath will lead the brand’s footwear design strategy across men’s, women’s and kids’, working closely with recently-appointed creative director Christopher Raeburn.