Compass Diversified Invests In Packaging Firm

Altor Solutions, a subsidiary of Compass Diversified (CODI) and a manufacturer of custom protective packaging solutions and componentry, announced that it has acquired Foam Concepts, Inc. Financial terms of the transaction were not disclosed.

Earth Shoes Appoints New CEO

Earth Shoes has appointed Alison Bergen, formerly CEO of Aerosoles, as CEO. She takes over day-to-day leadership from former president Mark Parsley, who has left the company. 

Black Creek Outfitters Is Closing

Black Creek Outfitters, the specialty outdoor retail for nearly 40 years, announced it is closing its store in conjunction with the sale of its lakeside retail property.  

Fortium Holdings Establishes Management Team For Norr Skate

Fortium Holdings Corp. has entered into advisory agreements to support its wholly-owned subsidiary, Norr LLC, which is launching the Norr skateboard brand with plans to expand into other sporting goods categories in the future. The advisory team includes Brian McKinley, Alex Souêtre, and Mike Burgess.

Outdoor Cap Promotes Harris As President

Outdoor Cap announced that it had promoted its chief sales officer, Jeanelle Harris, to president of the company immediately. Harris succeeds Jim Haworth, who announced his upcoming departure to serve as Executive Chairman to NOW Diagnostics, a health testing company.

VF’s Q3 Earnings Tops Wall Street’s Targets, Sales Jump 22 Percent

VF Corp. reported earnings on an adjusted basis rose 45 percent in the third quarter ended December 31 and topped Wall Street’s estimates. Sales grew 22 percent led by 28 percent growth at The North Face. Sales grew 8 percent at Vans, 11 percent at Timberland, and 4 percent at Dickies. VF reaffirmed its EPS outlook for the fiscal year while slightly lowering its sales outlook due to lowered growth expectations at Vans.