SGB Executive Footwear
Bearpaw Sees Complementary-Benefits In Flip Flop Shops Buy
In an interview with SGB, Bearpaw’s CEO Tom Romeo said while the acquisition of Flip Flop Shops will bring some “diversity” to Bearpaw’s business and help offset winter seasonality challenges, adding Bearpaw product to Flip Flop Shop locations will likewise reduce summer seasonality issues at the franchisee.
Iconix’s CEO Exits Amid Proxy Battle
Iconix Brands Group said John Haugh has resigned as CEO, president and a board member. The exit comes 17 days after Sports Direct said the company planned to nominate four members to Iconix’ board after vexing about the loss of major direct-to-consumer license agreements for Starter, Danskin, Ocean Pacific and Mossimo.
Retail Report Roundup – June 18
Studies arrived last week on the growth of customization in footwear and apparel, omnichannel order tracking, online-ad spam, mobile pay, the important of brand’s values and retailers paying off hackers.
Brand Vision: Collabs Boost Backcountry’s New Private Label
Online outdoor retailer Backcountry isn’t the only beneficiary of product collaborations the company has undertaken with Black Diamond, DPS, Flylow and Smartwool on a new touring collection due out in the fall. The brands themselves and especially customers stand to gain from these new partnerships.
Can Cherokee Stick Landing After ‘Disruptive’ 24 Months?
Cherokee Global Brands ended fiscal 2018 with a loss due to difficulties with the integration of the Hi-Tech brand into the company’s portfolio. And now the start to fiscal 2019 is being marred by the sale of Flip Flop Shops. Can the Tony Hawk brand and others save the company?
Aisle Talk Week of June 11
Top headlines from the active lifestyle industry you may have missed this week, including Eddie Bauer and PacSun combining under a new operating company.
Eric Sprunk Discusses Nike’s Sustainability Journey
Speaking recently at the Copenhagen Fashion Summit, Nike Inc.’s COO Eric Sprunk said Nike now knows “sustainability drives innovation and improves the performance of everything we make.” But he spent a large chunk of his keynote session discussing the brand’s shortfalls in the past and its long “journey” to embracing that mindset.
Clarus Eyes Explosive Growth In Climbing Participation
Citing the rapid expansion globally in climbing gyms already and a huge boost expected by climbing becoming an Olympic sport for the 2020 games, John Walbrecht, president of Clarus Corp., the parent of Black Diamond (BD), sees the appeal of climbing expanding by leaps and bounds in the years ahead.
Crocs Sees Sustainable Turnaround This Time
At the Stifel Cross Sector Insight Conference in Boston, Andrew Rees, president and CEO of Crocs Inc., said he understands the “hesitation” some investors may have given the brand’s ups and downs over the years. But he spent much of the session driving home the strategies that have the brand now “very much focused on sustainable growth.”
Zumiez Successfully Navigating ‘Channel-Less World’
Zumiez Inc. doesn’t view the world of apparel and footwear retail through the lens of the traditional channels but is instead focusing on how to best accommodate customers no matter when, where or how they shop, according to CEO Rick Brooks,
Aisle Talk Week of June 4
Top headlines from the active lifestyle industry you may have missed this week, including Winnebago acquiring boat manufacturer Chris-Craft.
Camping World To Open RV Dealerships In Gander Outdoors Locations
Speaking at the Baird’s 2018 Global Consumer, Technology & Services Conference, Camping World CEO Marcus Lemonis revealed that Camping World’s plan all along has been to add RV dealerships to the acquired Gander Mountain locations.
G-III Apparel Blows Past Targets In Q1
Carried by strength across nearly all the company’s collections, G-III Apparel Group Ltd. reported first-quarter earnings that ran well past guidance.
Lids’ Q1 Performance Sends Genesco Stock Tumbling
Weakness at Lids Sports Group and shares of Genesco Inc. tumbling 9 percent Tuesday overshadowed an otherwise decent Q1 performance that saw the parent company of a variety of retail brands beat Wall Street estimates on income and revenue.
Active Lifestyle Vendors Deliver Robust Q1
A wide majority of vendors in the actve lifestyle space reported first-quarter results that topped Wall Street’s expectations with many raising guidance for the year. Among brands, Vans, Champion, Puma and Callaway Golf stood out with healthy double-digit top-line growth but earnings from Nike, Deckers Outdoor, Columbia Sportswear and Wolverine Worldwide all easily topped Wall Street’s targets.
