Driven by oversized growth in its direct-to-consumer (DTC) channel and its ability to drive premium pricing, Canada Goose Holdings Inc. reported third-quarter results that easily eclipsed Wall Street’s consensus estimates.
Category: Outdoor
Canada Goose Names CFO And EVP
Canada Goose Holdings Inc. announced that Jonathan Sinclair will succeed John Black as chief financial officer and executive vice president. He is expected to join the company toward the middle of the year.
Messe Friedrichshafen Establishes A New Outdoor Platform
In an internal voting process, a majority of members of the European Outdoor Group (EOG) have voted to hold the OutDoor trade show in Munich from 2019. In full independence and with support from numerous major industry players, the show organizers will be holding a new version of the trade show in Friedrichshafen from 2019.
Surf9 Appoints Brad Gruber As Footwear Division President
The addition of Gruber coincides with the launch of the Body Glove Footwear Lifestyle Collection, an all-new line of high quality casual shoes for men and women.
L.L. Bean To Tap Blockchain Technology To Help Track Its Products
L.L. Bean says it will start sewing in sensors inside its products to track how customers use the items in a pilot test, according to the Wall Street Journal. This information would be fed into a blockchain and then anonymized for later use.
Alterra Mountain Appoints CEO
Alterra Mountain Company, the owners of Steamboat, Deer Valley, Mammoth Mountain, Squaw Valley and several other resorts, announced the appointment of Rusty Gregory as chief executive officer.
Dick’s Announces Grand Opening Of Four Stores In February
Stores will open in Evansville, IN; Baxter, MN; Santa Maria, CA; and Warwick, RI.
Canada Goose’s Sales Jump 27 Percent In Q3
Canada Goose Holdings Inc. reported profits in the third quarter ended December 31 climbed 60.9 percent as sales grew 27.2 percent.
Amer Sports Sees 4 Percent Q4 Revenue Growth
Amer Sports reported operating earnings in the fourth quarter before special items rose 13.9 percent as revenues grew 9.0 percent on a currency-neutral basis. The gains were led by the Fitness segment, up 12 percent, and Outdoor, 11 percent. Ball Sports inched up 1 percent.
Dick’s Seen Benefiting From Eagles Win And Bat Regulation Changes
J.P. Morgan reiterated its “Overweight” rating on Dick’s Sporting Goods as it expects a “near-term comp” benefit from the Philadelphia Eagle’s Super Bowl win and an equal benefit from new Little League bat regulation.
New Balance Launches “Fearlessly Independent Since 1906” Campaign
New Balance announced the launch of Fearlessly Independent Since 1906 – its new inspirational global brand communication platform that reflects the heritage and non-conventional values of the global sports company. New Balance ambassadors including Francisco Lindor, Rose Lavelle, Paul Rabil, Jurgen Klopp, Brenda Martinez and PJ Ladd are in the campaign.
Kokopelli Packraft Taps Meteorite PR As PR Agency Of Record
Kokopelli Packraft, the maker of packable inflatable kayaks, has named Meteorite PR as its public relations agency of record.
Meteorite PR Names Hunter Marvel Vice President Of Marketing & Operations
Meteorite PR, the Boulder-based leader in small-batch outdoor focused public relations, has named Hunter Marvel vice president of marketing & operations.
Downlite Celebrates 35th Anniversary With New Initiatives
For its 35th anniversary, Downlite is revamping its sustainability, e-commerce, consumer insights, quality and compliance, and stewardship efforts.
Vans Appoints Executive Creative Director
Vans hired Erwin Federizo, most recently at Wieden + Kennedy New York, as global executive creative director. Joyce Ha will oversee global men’s apparel and accessories merchandising as well as Vans’ Active merchandising and design.
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