Footwear Financial

PSEB Group Announces CEO Transition

PSEB Group, an operating company composed of Pacific Sunwear of California and Eddie Bauer, announced that Mike Egeck will be stepping down as CEO, effective February 4, 2020, to pursue a new opportunity outside of the apparel industry and be geographically closer to his family. PSEB director Jim Gulmi will serve as nterim CEO. (Read More)

VF Corp Reduces Full-Year Guidance After Q3 Revenue Miss

VF Corp Reduces Full-Year Guidance After Q3 Revenue Miss

VF Corp cut its full-year revenue and profit forecast on Thursday after missing Wall Street estimates for third-quarter revenue due to a shortfall in the U.S. On a currency-neutral basis in the quarter, sales grew 13 percent at Vans, 4 percent at The North Face and 13 percent at Dickies. Timberland's sales were down 5 percent. (Read More)

Under Armour To Retire UA Record

Under Armour To Retire UA Record

Under Armour said UA Record, its mobile app for tracking fitness and weight changes, will be retired on March 31, 2020 and will no longer operate. Users who have been tracking workouts on UA Record are being encouraged to transition to MapMyFitness app. (Read More)

Loading

Pin It on Pinterest

Share This