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Updates

Newell Brands Sees Q4 Decline In Home & Outdoor Living Segment

Newell Brands Sees Q4 Decline In Home & Outdoor Living Segment

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)

Moody’s Downgrades Under Armour’s Debt Rating

Moody’s Downgrades Under Armour’s Debt Rating

Moody's Investors Service downgraded Under Armour Inc.'s senior unsecured rating to Ba1 from Baa3. The rating was also placed under review for further downgrade. The downgrade reflects the brand's ongoing challenges reinvigorating growth in its core North American market and its potential 2020 restructuring plan. (Read More)

Vuori Hires Senior Director Of Retail

Vuori Hires Senior Director Of Retail

Vuori, a performance apparel brand based in Encinitas, CA., hired Catherine Pike as senior director of retail. Pike most recently served as the executive vice president of franchise operations for FIT4MOM and formerly headed the southwest territory for Lululemon. (Read More)

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