Said Dani Reiss, president and CEO, on a conference call with analysts, “Many retailers are specifically asking us to accelerate shipments so they can get our product on the floor earlier. We see this as a testament to our belief that Canada Goose is a bright spot for our retail partners.”
Category: Outdoor
Camber Outdoors Launches CEO Pledge Advisory Council
Leaders and executive-level liaisons from the organization’s Peak Partners Arc’teryx, Burton, Patagonia and REI will come together to share successes, tackle challenges and lay the groundwork for the future priorities of the Camber Outdoors CEO Pledge.
FGL Sports’ Q2 Comps Rise
Canadian Tire reported same-store sales at FGL Sports, which includes Sport Chek, rose 2.6 percent in the second quarter.
Vista Outdoor Q1 Exceeds Wall Street’s Targets
Vista Outdoor Inc.’s earnings and sales dropped in its fiscal first quarter, but results exceeded Wall Street’s expectations and the company reaffirmed its guidance for the year.
Canada Goose’s Revenues Vault In Q1
Canada Goose Holdings Inc. reported sales jumped 79.6 percent in its fiscal first quarter, boosted by its direct-to-consumer segment and earlier-than-expected wholesale shipments.
Beeline Bikes To Open 25 Mobile Shops Across Eight New Territories
The new shops will expand the brand’s current U.S. fleet to more than 60 mobile shops.
Crocs’ Sales Start To Recover
Crocs again showed sharp improvement in earnings in the second quarter as a result of its ongoing efforts to cut expenses and avoid discount selling. More encouragingly, however, sales of its core merchandise are showing signs of picking up.
Ruffwear Contributes $50,000 To The Conservation Alliance
The Conservation Alliance will direct the funds into its new Public Lands Defense Fund, created by the organization to preserve and defend the integrity of our public lands system.
Wolverine Worldwide’s Transformation Plan Paying Dividends
Most of Wolverine Worldwide’s brands exceeded revenue expectations for the quarter while also over-delivering on operating profit goals.Among key brands, Merrell’s grew just over mid-single digits, Chaco ahead mid-teens, Saucy up slightly, Wolverine ahead double digits. Sperry was down mid-single digits.
Columbia’s ReThreads Recycling Program Expands U.S. Stores
Columbia Sportswear is rolling out its ReThreads program in more than 100 Columbia stores across the United States to help people recycle used clothing and footwear.
Weyco Group’s Q2 Sales Up Slightly
Weyco Group Inc. reported net sales for the second quarter of 2017 were $57.5 million, up 1 percent as compared to second quarter 2016 net sales of $56.9 million. Bogs’ sales were flat.
Summit Sports Acquires SnowSportDeals.com
Summit Sports acquired Kentucky-based Loucon LLC, which operates SnowSportDeals.com.
Nixon Appoints Scott Kerslake CEO
Nixon, the California-based watch and accessory brand, announced that Scott Kerslake, formerly Prana’s president, has been selected as its new chief executive officer.
Crocs Q2 Earnings Climb
Crocs Inc. reported earnings rose 65.8 percent excluding non-recurring charges in the second quarter as improved margins and expense management offset a 3.3 percent decline in sales.
Wolverine Worldwide Lifts Guidance On Above-Plan Q2
Wolverine Worldwide raised its guidance for the year after reporting second-quarter results that topped Wall Street’s targets. Benefiting from its transformation initiatives, most brands exceeded revenue expectations for the quarter while also over-delivering on operating profit goals.
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