VF Corp. Makes New Leadership Appointments At North Face And Smartwool

VF Corporation announced the appointment of Travis Campbell to the position of vice president, general manager, The North Face, Americas. Campbell most recently served as president of VF’s Smartwool brand. Jennifer McLaren will succeed Campbell as president, Smartwool. McLaren most recently served as CFO, Smartwool.

Goldman Sachs Initiates Apparel Coverage With Attractive View

In initiating coverage on the Apparel & Accessories sector, Goldman Sachs said many companies in the space are expected to benefit from ongoing lifestyle shifts towards active and casualwear, the ability to react to faster fashion cycles and digital’s ability to drive direct communications with consumers and commerce. Among active lifestyle stocks, VF was initiated at a “Buy” while “Neutral” ratings were given to Nike, Under Armour, Lululemon and Canada Goose.

Retail Report Roundup – June 25

Studies arrived last week on the benefits to local retailers from community engagement, quality beating price as a purchase driver, apparel’s continuing appeal in malls, the benefits of perks over raises for workers, the stress of online shopping, and Fourth of July sales.

Retailers Cheer Supreme Court Ruling On Online Taxes

Specialty retailers in the active space – decimated over the years by consumers showrooming stores and then fetching lower prices online – stand to significantly benefit from the U.S. Supreme Court’s ruling that requires online retailers to collect sales taxes. Amy Roberts, executive director of Outdoor Industry Association (OIA), said, “The Supreme Court’s ruling is a huge win for the future of specialty outdoor retailers and will help ensure that all retailers compete on a level playing field.”

Aisle Talk Week Of June 18

Top headlines from the active lifestyle industry you may have missed this week, including Puma signing endorsement deals with the NBA’s No. 1 draft pick Deandre Ayton and Hall of Fame legend Walt “Clyde” Frazier.

Why Did Winnebago Acquire Chris-Craft?

On the company’s first-quarter quarter conference call, Winnebago Industries’ CEO Michael Happe said the reason it acquired the Chris-Craft, the recreational boat builder, was not only for diversity but to tap burgeoning growth opportunities in the marine segment.

Conversation Leaders Head To Capital Hill

Land and Water Conservation Fund champions in the House and Senate rallied on the steps of the U.S. Capitol with conservation leaders and outdoor recreation advocates on June 20 and vowed to save America’s conservation and recreation program, the Land and Water Conservation Fund (LWCF), before it expires in 100 days.