Tapestry Inc., the parent of Coach, Kate Spade and Stuart Weitzman, appointed Thomas A. Glaser, as chief operations officer. He most recently held the position of vice president, VF Corporation and president, supply chain.
Category: Outdoor
Canada Goose’s Q4 Revenues Climb 25 Percent
Canada Goose reported flat earnings on an adjusted basis in the fourth quarter ended March 31 while revenues rose 25.1 percent.
Trade War Impact Remains Uncertain
On quarterly conference calls last week, executives at both retailers and vendors said the ultimate impact of the tariff war isn’t clearly known, especially if the fourth tranche on $300 billion of imports that hit apparel and footwear items becomes effective. But most reassured analysts they’re taking or have taken steps to mitigate most of the expected damage. Comments from VF Corp, Deckers Brands, Kohl’s, JC Penney, Target, Hibbett Sports, TJX Cos. and Ross Stores.
Bass Pro Announces New President Of White River Marine Group
White River Marine Group, the marine manufacturing division of the Bass Pro Shops family, announced that Zach Kauk will become its next president. Kauk will begin immediately and assume full leadership responsibilities on September 1, 2019 following the retirement of outgoing president Les Crawford.
RECALL: Revelate Designs Bicycle Seat Bags
About 1,250 bicycle seat bags from Revelate Designs are being recalled.
52 Businesses Urge Secretary Perdue To Protect Utah’s National Forest Lands
Fifty-two businesses from across the country joined The Conservation Alliance in a letter to U.S. Department of Agriculture Secretary Sonny Perdue urging him to protect North America’s wild places by upholding the National Roadless Rule.
Evo To Relocate Headquarters
Seattle-based action sports and outdoor retailer Evo announced it is relocating its current headquarters to a new location at the Cedar Speedster building at 401 North 36th Street in Fremont this fall.
Emerald Expositions Names Brian Field As Chief Operating Officer
Emerald Expositions Events Inc. announced the appointment of Brian Field as chief operating officer. For the last five years, Field was COO of UBM Americas.
American Airlines Waives Fees For Many Oversized Items
American Airlines is eliminating its hefty oversize bag fees for large sports equipment and musical instruments ahead of the summer travel season. Passengers checking items including surfboards, skis and bikes will now pay standard checked bag fees instead of an oversize bag fee of $150 each way on domestic flights.
Duluth Trading Announces Grand Opening Of Its 53rd Store in Danbury
Duluth Trading Company announced the grand opening of its 53rd store in Danbury, CT.
VF Corporation Completes Separation Of Kontoor Brands
VF Corporation announced that it has completed the previously announced separation of VF’s Jeanswear organization into an independent, publicly traded company.
Hydro Flask Has ‘Incredible Amount Of White Space’
At Helen of Troy’s Investor Day on Tuesday, company officials talked up the continuing strong potential of Hydro Flask as it expands across categories. Larry Witt, president of the Housewares division, said, “The outdoor space like the home space has a vast number of product categories to play in, and that’s why we see an incredible amount of white space for Hydro Flask.”
OIA Skip Yowell Future Leadership Academy Announces Capstone Projects
Outdoor Industry Association (OIA) announced capstone projects for Class 4 of the Skip Yowell Future Leadership Academy (FLA), an immersive leadership experience for the next generation of outdoor industry game-changers. This year’s class includes 35 driven emerging leaders from REI, Yakima, Pacific Crest Trail Association, Backcountry.com, The North Face, Outdoor Research, Burley and others.
VF Corp. Disappoints On Outlook
VF Corp. reported earnings and sales in the fourth quarter came in ahead of Wall Street’s consensus estimates but provided 2020 guidance that was lower than targets. By segment, revenue for Outdoor is expected to increase approximately 4 percent to 5 percent, or 5 percent to 6 percent on a constant dollar basis, and revenue for Active is expected to increase approximately 6 percent to 7 percent, or 9 percent to 10 percent on a constant dollar basis.
Quality Bicycle Products Partners With Briko USA
Briko USA announced a partnership with Quality Bicycle Products (QBP) that will see Briko road helmets distributed to North American bicycle retailers.
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