Unifi Inc. reported earnings more than doubled in the first quarter ended September 26 as sales grew 38.5 percent. The producer of recycled and synthetic yarns raised its outlook for the year.
Category: Outdoor
VF Corp. Appoints VP, Investor Relations
VF Corporation announced the appointment of Allegra Perry to vice president, investor relations, effective January 2022. Perry will report to VF’s chief financial officer, Matt Puckett.
San Pedro Bay Ports Announce New Measure To Clear Cargo
In an effort to improve cargo movement amid congestion and record volume, the ports of Long Beach and Los Angeles will begin assessing a surcharge to ocean carriers for import containers that dwell in marine terminals.
Clarus Corporation Announces Launch Of Stock Offering
Clarus Corporation announced that it intends to offer 2.75 million shares of common stock.
Columbia Sportswear Promotes Burns To VP, Investor Relations And Strategic Planning
Columbia Sportswear Company promoted Andrew Burns to vice president, strategic planning and investor relations.
CMC Triggers Signs Laura Burgess Marketing
CMC Triggers Corp., based in Fort Worth, TX, announced it will partner with Laura Burgess Marketing (LBM) to expand awareness of the brand.
Thule’s Sales Expand 14 Percent In Q3
Thule Group reported sales in the third quarter reached SEK 2,772 million, up 13.8 percent year-over-year on a reported basis and 16.2 percent on a currency-neutral basis.
American Bicycle Company Hires Sales Director
American Bicycle Company, based in Anaheim, CA, announced it hired industry veteran Art Ornelas to lead its sales team.
Arc’teryx Opens Arc’type Store In Bay Area
Arc’teryx announced it opened its 22nd retail store, and sixth in Northern California, on October 22 in The Village at Corte Madera.
Eddie Bauer To Close All Stores In Japan
Eddie Bauer Japan Co. plans to close all of its approximately 60 stores and online shopping website by the end of December as the brand exits the Japanese market, according to The Japan Times.
BN3TH Appoints Product And Merchandising VP
Underwear brand BN3TH appointed Juliet Korver as VP product and merchandising. Her past experience includes product roles at RYU Apparel, Lululemon Athletica and O’Neill Canada.
The Ironman Group Acquires Indoor Cycling App Fulgaz
The Ironman Group announced the acquisition of the indoor virtual cycling app, FulGaz as part of a plan to expand its connected fitness offerings.
NRF Survey: Holiday Spending To Be Even With 2020 Levels
Consumers plan to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families this year, on par with consumer spending last year, per the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics.
VF Corp. Reaffirms Outlook Despite Slight Quarterly Miss
VF Corp. reported revenue climbed 23 percent in its second quarter ended October 2, led by a 31 percent gain at The North Face. Vans sales grew 8 percent and Dickies grew 21 percent. Companywide earnings and sales were slightly below Wall Street’s targets but VF reaffirmed its full-year earnings outlook.
Adobe Forecasts Record Online Sales, Continued Supply Chain Issues
Adobe expects U.S. holiday sales online to hit $207 billion from November 1 to December 31, setting a record high. This represents a 10 percent increase from 2020, a strong growth rate after a year where the pandemic made e-commerce an essential service. On the negative side, a weakened supply chain is leading to a hike in out-of-stocks and driving up online prices.
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