SGB Executive Apparel
Sequential Brands Q2 Boosted by Strong Athletic Sales to Wal-Mart
Sequential Brands Group, which recently closed on the acquisition of the Gaiam yoga brand, said total revenue for the second quarter expanded 69.3 percent to $34.2 million. Revenues largely represent royalty payments from licensees.
Cabela’s Delivers First Quarterly Comp Gain in More Than Two Years
Cabela’s Inc., which is reportedly entertaining a merger with Bass Pro, reported second-quarter earnings that came just short of Wall Street’s targets. But management said aggressive price and promotion approach helped the hunt & fish retailer show its first quarter of positive comparable store sales since the third quarter of 2013.
U.S. Expansion Fueling Moncler’s Growth
Revenues grew 23 percent in the Americas in the first half, as the luxury outdoor brand added its 13th U.S. store as well as shops inside finer department stores.
Adidas Again Raises FY Outlook on Q2 Momentum
Adidas AG raised its full-year forecast for a fourth time this year after delivering healthy double-digit growth in its second quarter and benefiting from a special payment to bring an early close to its sponsorship deal with England’s Chelsea soccer club.
Lafuma Group Sees Tough Sledding Ahead After Strong 1H
Sales of Lafuma Group’s Millet, Eider and Lafuma mountain sports products grew 11.0 percent in the first half despite Europe’s warm winter, which will make for tough sledding in the back half.
Puma Gets Boost From Euro Cup in Q2
Puma SE delivered another round of robust results in the second quarter, gaining a boost from a solid performance of its teams at the UEFA Euro 2016 as well as traction gained around its women’s initiatives, led by Rihanna. For the fourth straight quarter, however, the sizeable gains weren’t enough for the company to raise […]
VF Corporation Cuts Forecast as Retailers Dial Back
VF Corporation lowered the full-year outlook for its flagship Outdoor & Action Sports Coalition amid very conservative ordering by U.S. retailers.
Aisle Talk, Week of July 18
A quick hit of the industry’s movers and shakers this week — hires, promotions, recognitions and new locations.
Can a New EMS and Bob’s Survive Under Old Management?
Eastern Mountain Sports and Bob’s Stores exited bankruptcy reorganization July 19 under a new entity called Eastern Outfitters LLC, but its ownership and leadership pretty much remain the same.
ICSC: Back-to-School Sales Set for Smart Uptick
The International Council of Shopping Centers (ICSC) said its annual back-to-school survey predicts a robust BTS-selling season this year.
By The Numbers, Week of July 11
A quick hit of the figures and facts coming out of the industry this week.
Amazon Kills It On Second Prime Day
Marking its biggest sales day ever, Amazon Inc. said customer orders taken during second annual Prime Day, July 12, surpassed Prime Day 2015 by more than 60 percent worldwide. Sales vaulted more than 50 percent in the U.S.
At Friedrichshafen 2016, Europeans See Uptick in Sales With a Few Uncertainties
While last season’s weak early winter (in Europe and in North America) and plenty of talk surrounding Brexit added some uncertainties for the outdoor industry across the pond, the general mood was optimistic.
UBS Global Survey Finds U.S. Athletic Slowdown Fears “Overblown”
A new consumer survey from UBS finds concerns about slowing athletic market growth in the U.S. are “overblown.”.
