SGB Executive Footwear
Weakness in Oil-Dependent Regions Dips Rocky Brands
Unable to overcome weak economies in regions impacted by low oil and commodities prices, Rocky Brands Inc. reported a loss in the second quarter on a sharp decline in wholesale sales.
North America Propels Columbia Sportswear In Q2
Columbia Sportswear Company grew sales 2 percent in the second quarter and beat profit expectations powered by growth of its Columbia, Prana and Mountain Hardwear brands in North America, but weakness elsewhere in the world left it short of expectations.
Amer Sports Wages Through A Tough Q2
Amer Sports lost only €14.7 million during the second quarter ended June 30 despite company closings in the sporting goods industry.
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 […]
Wolverine World Wide’s Q2 Encourages Investors
Wolverine World Wide Inc.’s stock surged Tuesday after it reported second quarter results and said it is nearly ready to sell underperforming brands.
Oil Patch Region Business Hampers Boot Barn
Boot Barn Inc. reported earnings plunged 72.5 percent in its fiscal first quarter ended June 25, to $624,000, or 2 cents a share. While same-store sales improved, the retailer continued to be impacted by softness in regions impacted by low oil and commodities prices.
Shimano Corp. Slashes 2015 Guidance
Shimano Corp. expects sales to fall twice as fast this year than it did three months ago due to a global oversupply of bicycles.
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.
Skechers Q2 Bogged Down by Domestic Sales Weakness
Strong double-digit growth from its international business and company-owned retail channel couldn’t offset a myriad of financial and logistical challenges in the second quarter for Skechers USA.
Aisle Talk, Week of July 18
A quick hit of the industry’s movers and shakers this week — hires, promotions, recognitions and new locations.
