Newell’s Outdoor & Recreation Segment Delivers 28 Percent Growth In Q2

Newell Brands Inc. reported its Outdoor & Recreation segment generated net sales of $453 million in the second quarter compared with $353 million in the prior year period, a gain of 28.3 percent. The improvement reflects core sales growth of 25.0 percent and the impact of favorable foreign exchange. Net sales exceeded the 2019 level.

VF Corp. Lifts Outlook On Q1 Beat

VF Corp. raised its earnings and sales guidance for its fiscal year after reporting results in the first quarter ended June 30 easily topped Wall Street targets. Overall sales in the quarter grew 96 percent in constant dollars. Among major brands, sales grew 102 percent at Vans, 83 percent at The North Face, 63 percent at Timberland and 58 percent at Dickies.

Deckers Brands Blows Past Wall Street Targets

Deckers Brands reported a surprise profit in the first quarter ended June 30 as sales surged 78.2 percent. Ugg’s sales grew 70.8 percent and Hoka One One soared 95.5 percent. The company slightly raised its guidance for the year.

Blenders Eyewear Expands International Push

Blenders Eyewear, part of Safilo Group, said that following the go-live of its e-commerce platform in Canada and Australia in the first quarter of 2021, it will enter the United Kingdom and Ireland, targeting Europe’s largest e-commerce audiences.

Columbia Sportswear Releases 2020 Corporate Responsibility Report

Columbia Sportswear Company released its 2020 Corporate Responsibility Report, which includes performance highlights and progress made throughout 2020 in the three main areas of focus in its corporate responsibility strategy – empowering people, sustaining places and responsible practices.

Kokatat Announces New Ownership

After 50 years under the direction and ownership of its founder, Steve O’Meara, Kokatat has been purchased by the company’s Director of Operations Mark Loughmiller.