According to a number of forecasts, holiday sales this year are expected to expand at least seven percent year-over-year. However, supply chain disruption, inflation and labor shortages continue to present challenges. Holiday insights from AlixPartners, Deloitte, Mastercard SpendingPulse, Bain, Affirm and Shopkick (Read More)
Analysts issued largely bullish reports following Crocs unveiling a five-year plan at its Investor Day that calls for a nearly tripling of its sales, driven by major growth targets in digital, sandals and China. (Read More)
With VF Corp recently selling adventure luggage company Eagle Creek to Travis Campbell, its former president of emerging brands, the new owner has big plans for a brand whose doors were shuttered just a few months earlier. (Read More)
Sweden's Dometic Group AB, a maker of accessories for motorhomes, caravans and boats, said on Friday it had agreed to buy U.S. cooler giant Igloo Products Corp. for $677 million. Juan Vargues, Dometic’s CEO, said, "North America is the largest market for cooling boxes and outdoor products, and with Igloo’s strong brand recognition, consumer knowledge and local manufacturing capabilities, we are getting the necessary tools to further drive our sales and margin expansion." (Read More)
On Wednesday, On blew open the doors in its initial public offering (IPO) debut, with its shares vaulting 46 percent on the day. The funding is expected to support its next stage of growth. Here, co-CEO Marc Maurer discusses the benefits expected from the initial public offering, the brand’s commitment to run and its growth prospects. (Read More)
