Triple D Offers to Acquire Global Surf Industries

Thailand-based investment company Triple D Corporation, which recently acquired Surf Technicians LLC (SurfTech), has offered to acquire Global Surf Industries (GSI), which manufactures and distributes many well-known brands in the surf and standup paddle

Skechers To Support Earthquake Victims in Nepal

Skechers USA, Inc. announced that through the company’s charitable footwear donation program, Bobs from Skechers, it will give more than 62,000 pairs of new shoes to support children affected by the devastating 7.8-magnitude earthquake in Nepal…

Nordstrom Posts 4.4 Percent Q1 Comp Gain

Nordstrom, Inc. reported earnings per diluted share of 66 cents for the first quarter ended May 2, which were in-line with company expectations, compared with 72 cents a year ago. Total company net sales increased 9.8 percent and comparable sales increase

Hydro Flask Names Wallenfels as VP of Worldwide Sales

Hydro Flask has hired Mike Wallenfels as Vice President of Worldwide Sales. Wallenfels brings vast executive experience from the outdoor and active lifestyle industries, and has guided organizational growth in the US, European, and Asian markets…

Gildan Activewear Q1 Earnings Slide

Gildan Activewear reported first-quarter earnings slumped 29.3 percent despite a 15.9 percent gain in sales. The company also slightly narrowed its EPS guidance for the full year to reflect further foreign currency devaluation…

MAN U’s Nike Revenues Decline in Fiscal Q3

Manchester United PLC's revenue from its Nike managed retail and merchandising business slipped again in the fiscal third quarter ended March 31, after the team failed to qualify for the European soccer championship …

REI Sustainability Push Trims Supply Chain by 30 Percent

Recreational Equipment Inc. (REI) reduced the total number of factories its uses to make its private label products by about 30 percent in the last four years in a bid to create a more sustainable supply chain, the outdoor specialty retailer reported in i