Newell Brands reported its Home & Outdoor Living segment generated net sales of $768 million in the fourth quarter compared with $809 million in the prior year period, reflecting a core sales decline of 2.8 percent, the impact of unfavorable foreign exchange and the exit of 75 underperforming Yankee Candle retail stores during 2019. (Read More)
Unifi Inc. announced recipients of the third annual Champions of Sustainability awards, recognizing companies driving sustainability. (Read More)
Canadian Tire Corp. reported sales of its SportChek segment were up 1.3 percent in the fourth quarter with comparable sales gaining 2.0 percent. (Read More)
Yeti Holdings Inc. reported adjusted net income rose 31 percent in the fourth quarter on a 23 percent revenue gain. Both earnings and sales exceeded Wall Street estimates. (Read More)
Fox Factory Inc., has signed a definitive agreement to acquire SCA Performance Holdings Inc., a leading OEM authorized specialty vehicle manufacturer (SVM) for light-duty trucks and SUVs with headquarters in Trussville, AL. The company also said its fourth quarter and full fiscal year 2019 outlook is expected to be slightly above its previous range. (Read More)
Catherine “Cassie” Heppner, a marketing executive at Timberland, has been identified as the woman fatally stabbed Sunday at Timberland's headquarters in Stratham, NH. Timberland said in a statement, “Cassie was truly one-of-a-kind, and her passing leaves a void that will never be filled.” We extend our deepest condolences to her family and loved ones." (Read More)
Thule Group reported underlying EBIT rose 10.6 percent in the fourth quarter on a 4.7 percent revenue gain. On a currency-neutral basis, sales were up 0.6 percent and were down 5.7 percent in the Americas region. (Read More)
Kombi Sports Inc. announced that it has appointed Nathalie Binda as global vice president of marketing and digital. She joins the company’s senior leadership team. Binda joins Kombi from DavidsTea. (Read More)
Implus Corp., a leader provider of athletic, fitness and outdoor accessories, appointed Michael B. Polk as interim chief executive officer. Seth Richards, Implus CEO, and Todd Vore, president, are transitioning their leadership roles and will be leaving the company to pursue other opportunities. (Read More)
VF Corp. said that at this time, about 60 percent of VF’s owned and partner stores in China have been temporarily closed due to coronavirus mitigation efforts. Stores currently open have experienced significant declines in retail traffic. (Read More)
