Columbia Sportswear has hired Peter Ruppe, a footwear industry veteran most recently at Under Armour, as VP of footwear. According to the Oregonian, Ruppe will guide an effort to double Columbia’s footwear sales within three years.
Category: Footwear
DSW Eyes Highest Annual EPS Since 2013
Shares of DSW Inc. rose $1,88, or 8.1 percent, to $25.01 Tuesday after the off-price footwear chain posted its second consecutive quarter of strong comp and EPS growth. Earnings easily topped Wall Street’s targets and DSW lifted its annual guidance for second consecutive quarter and predicted it would rack up its highest annual EPS since 2013.
SGB Executive Q&A: Wendy Yang Of Deckers’ Performance Lifestyle Brands
Wendy Yang, president of Deckers Brands’ performance lifestyle brands (Hoka One One, Sanuk and Teva), spoke with SGB recently about what’s driving success at Hoka One One, that brand’s channel strategy and the importance of all three brands’ recent partnership with Camber Outdoors.
The Buckle Sets Special Dividend, Hires General Counsel
The Buckle’s board authorized a $1.00 per share special cash dividend. The company also announced that Brady M. Fritz has been appointed to the position of general counsel and corporate secretary.
Eastbay Unveils Lookbook Cover Featuring Nike Women’s Basketball Stars
Eastbay unveiled its December lookbook cover and women’s holiday campaign, featuring five top WNBA stars :Sue Bird, Elena Delle Donne, Jewell Loyd, Breanna Stuart and Diana Taurasi.
VF Corp. Appoints Stefano Saccone To Vans’ EMEA Post
VF Corp. on Tuesday announced that Stefano Saccone has been appointed to the position of vice president, general manager of Vans, EMEA. Saccone will lead the brand and its business across the EMEA region beginning April 1, 2019.
DSW Smashes Street Targets In Q3
DSW Inc. lifted its annual guidance after reporting adjusted earnings in the third quarter handily topped Wall Streets’ targets on a 7.3 percent same-store gain,. The footwear off-pricer also said it expects the Camuto Group acquisition to contribute pro forma double-digit EPS accretion by 2020.
Imports Set Another Record In October
Imports at the nation’s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from China, according to the monthly Global Port Tracker report.
Report: Under Armour Ousts Ryan Kuehl And Walker Jones
Ryan Kuehl, Under Armour’s SVP of global sports marketing, and Walker Jones, the brand’s senior director of sports marketing, both left the company last week following an internal review of their department’s spending, according to the Wall Street Journal. The exits come after reports of a past practice of letting employees expense strip club visits.
Puma Takes Lead In Fighting Climate Change
In anticipation of the UN Climate Change Conference in Katowice, Poland, Puma played an active role in developing the Fashion Industry Charter for Climate Action by leading working groups and encouraging industry peers and partner vendors to join the initiative. The fashion industry’s charter presented at the conference on Monday. The latest reports by the […]
Retail Jobs Grew 18,600 In November
Retail industry employment in November increased by 18,600 jobs seasonally adjusted from October, accounting for 12 percent of the 155,000-job increase reported by the Labor Department for the economy overall, the National Retail Federation said.
Foot Locker And Adidas Partner On Empowerment Program
For the new Adidas Asterisk Collective, Foot Locker and Adidas tapped musicians Kid Cudi, Raury and H.E.R., and athletes Patrick Mahomes, Donovan Mitchell and Candace Parker with a goal of spreading positivity.
Chinese Investor Consortium Reaches Agreement To Acquire Amer Sports
A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at €4.6 billion (US$5.23 billion) and Amer’s board is recommending shareholders approve the offer. The consortium plans to operate Amer Sports independently from Anta, with a separate board of directors.
Aisle Talk Week Of December 3
Top headlines from the active lifestyle industry you may have missed this week, including big news from trade show owner Emerald Expositions, which canceled Interbike (pictured) for 2019 and also shortened Outdoor Retailer Summer Market and Winter Market from four days to three days.
Zumiez Boosted By Healthy Streetwear Trends
With a number of its streetwear labels riding strong popularity with teens, Zumiez Inc. reported earnings rose 16.0 percent in the third quarter ended November 3 to $13.8 million, or 55 cents per share, exceeding guidance calling for earnings in the range of 45 to 51 cents.
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