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Updates

PSEB Group Announces CEO Transition

Jan 24, 2020

PSEB Group, an operating company composed of Pacific Sunwear of California and Eddie Bauer, announced that Mike Egeck will be stepping down as CEO, effective February 4, 2020, to pursue a new opportunity outside of the apparel industry and be geographically closer to his family. PSEB director Jim Gulmi will serve as nterim CEO. (Read More)

VF Corp Reduces Full-Year Guidance After Q3 Revenue Miss

VF Corp Reduces Full-Year Guidance After Q3 Revenue Miss

Jan 23, 2020

VF Corp cut its full-year revenue and profit forecast on Thursday after missing Wall Street estimates for third-quarter revenue due to a shortfall in the U.S. On a currency-neutral basis in the quarter, sales grew 13 percent at Vans, 4 percent at The North Face and 13 percent at Dickies. Timberland's sales were down 5 percent. (Read More)

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