Deckers Brands raised its guidance for its fiscal year as sales and earnings in the fiscal third quarter surpassed Wall Street's consensus targets on a 90.8 percent jump in Hoka's revenues. Ugg's sales dipped 1.6 percent in the period. (Read More)
Skechers U.S.A. Inc. reported a modest gain in earnings in the fourth quarter ended December 31 on an adjusted basis as sales grew 13.5 percent. Both earnings and sales exceeded Wall Street's estimates and Skechers predicted growth in the range of 4 percent to 8 percent for the current year. (Read More)
Crate & Barrel Holdings, Inc. hired Mike Brewer as chief operating officer. He brings a broad range of experience, including 20 years working at Nike, Inc. (Read More)
Yniq has named Moss Bemis as CEO. He comes to the eyewear brand with a decade of leadership at Canada Goose, where he held leadership roles in both commercial and merchandising teams. (Read More)
The National Retail Federation Chief Economist, Jack Kleinhenz, believes a recession is unlikely in 2023, and the economy should see slight growth for the year as consumers continue to manage through inflation and high interest rates. (Read More)
Brunswick reported consolidated net sales of $1,58 billion in the fourth quarter of 2022, up from $1,43 billion in the fourth quarter of 2021. Diluted EPS for the quarter was $1.93 on a GAAP basis and $1.99 on an as adjusted basis. (Read More)
HanesBrands, Inc. reported net sales from continuing operations decreased 16 percent to $1.47 billion, which includes a $55 million unfavorable impact from foreign exchange rates, compared to last year. (Read More)
Aleck, the maker of wireless helmet audio and communication systems, made key hires, including Simon de Gruchy as head of finance, Eric Kiner as head of product, with Morgan Kaufer and Krystel Caballo bringing marketing expertise to the brand. (Read More)
Costco Wholesale Corporation reported net sales of $16.84 billion for the retail month of January, the four weeks ended January 29, 2023, an increase of 6.9 percent from $15.76 billion last year. (Read More)
Formula E and international sports and lifestyle brand, New Era, have entered into a multi-year global licensing deal for a range of fan headwear products with New Era supplying the official podium cap for the first time in motorsport. (Read More)
