Asics set ambitious new targets for 2030, including reducing the carbon footprint of the company’s own operations by 33 percent And cutting supply chain carbon emissions by 55 percent of 2015 levels.
Category: Footwear
Authentic Brands Group Acquires Nine West
Authentic Brands Group (ABG) acquired Nine West Holdings, the parent of Nine West, Anne Klein and Gloria Vanderbilt, in a bankruptcy auction.
Reebok Appoints Global Creative Director
Reebok hired Karen Reuther, who formerly worked for Nike and Cast Collective, as global creative director for the company.
Sequential Brands Names President Of Fashion Division
Sequential Brands Group Inc. announced Karen Castellano as president of Fashion. Castellano will oversee the company’s brands in the fashion division, which includes Jessica Simpson, Joe’s, William Rast and Ellen Tracy.
Moody’s Downgrades JC Penney’s Debt Ratings
Moody’s Investors Service downgraded JC Penney Company’s Corporate Family Rating to B2 from B1.
Smartwool Partners With GoPro Mountain Games
Smartwool has signed on as the official sock of the GoPro Mountain Games. The annual event is taking place from June 7 to 10, 2018, in Vail, CO.
Yue Yuen’s Revenues Climb In May
Yue Yuen reported consolidated operating revenue of $876.4 million in May versus $809.5 million a year ago, representing a gain of 8.3 percent.
Adidas Signs Alix Klineman
Adidas announced multi-year partnerships with 2017 AVP Beach Volleyball Rookie of the Year Alix Klineman. The 6’5” athlete from Manhattan Beach will become the face of Adidas Volleyball.
Eddie Bauer, PacSun Combined Under New Operating Company
Golden Gate Capital announced that the company has established a new operating company, PSEB Group. PSEB will be composed of two Golden Gate portfolio companies: Eddie Bauer and Pacific Sunwear of California. In connection with the establishment of PSEB, Golden Gate will invest additional equity in PSEB to support the company’s growth.
Zumiez Successfully Navigating ‘Channel-Less World’
Zumiez Inc. doesn’t view the world of apparel and footwear retail through the lens of the traditional channels but is instead focusing on how to best accommodate customers no matter when, where or how they shop, according to CEO Rick Brooks,
Aisle Talk Week of June 4
Top headlines from the active lifestyle industry you may have missed this week, including Winnebago acquiring boat manufacturer Chris-Craft.
Camping World To Open RV Dealerships In Gander Outdoors Locations
Speaking at the Baird’s 2018 Global Consumer, Technology & Services Conference, Camping World CEO Marcus Lemonis revealed that Camping World’s plan all along has been to add RV dealerships to the acquired Gander Mountain locations.
The Buckle’s May Comps Climb
The Buckle Inc. announced that comparable store net sales increased 3.6 percent.
Zumiez Tops Q1 Estimates Behind Strong Revenue, Comps
Apparel and footwear retailer Zumiez Inc. reported a net loss of $2.6 million, or 10 cents per diluted share, in the first quarter of fiscal 2018 ended May 5, compared to a net loss of $4.4 million, or 18 cents per diluted share, in the prior-year first quarter. The company beat analysts’ consensus estimates by 2 cents per share. Total […]
NRF: Retail Imports To Hit Record Numbers This Summer
Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released Thursday by the National Retail Federation and Hackett Associates.
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