SGB Executive Footwear
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.
May M&A Roundup: Shakeup In Firearms, Outdoor Sectors
Although May was a relatively slow month for mergers and acquisitions activity in the outdoor and active lifestyle space, a few eye-opening transactions dominated headlines because they fell outside the scope of traditional deals.
Caleres Capitalizing On Shift To Digital Demand
Even though Caleres Inc. missed analysts’ first-quarter earnings and revenue expectations, which was followed by shares falling slightly Friday morning, recent strides in e-commerce initiatives bode well for the parent company of a range of footwear brands and Famous Footwear retail stores.
Aisle Talk Week of May 28
Top headlines from the active lifestyle industry you may have missed this week, including the potential for an Eddie Bauer and Pacific Sunwear merger.
Shiekh Shoes To Shrink Significantly As Part of Bankruptcy Exit Plan
As part of the company’s plan to exit bankruptcy proceedings, Shiekh Shoes expects to be operating only 44 stores at the close of 2019, down from 125 when the company first filed for bankruptcy in November. The plan also features minimal payback for trade creditors, expect for Nike.
Tilly’s Shares Surge On Q1 Earnings Beat
Shares of Tilly’s Inc. rose $1.55, or 12.7 percent, to 13.76 Thursday after the action-sports themed retailer reported first-quarter earnings that exceeded internal guidance on improving store traffic and indicated the technical issues that had been derailing e-commerce operations are abating.
Firearms Fallout Fizzles As Dick’s Sporting Goods Surges In Q1
Dick’s Sporting Goods’ recent policy refusing to sell firearms resulted in plenty of PR fallout but it hasn’t affected the retail giant’s bottom line. The Pittsburgh, PA-based company easily beat Wall Street’s estimates for the first quarter ended May 5 through strength in other categories, including an especially solid performance in private label sales, which led to higher margins.
DSW Sees Athleisure Boost In Q1
Continued strength in athleisure and kids, ramped-up marketing investments and a focus on inventory-depth helped DSW Inc. deliver first-quarter earnings that topped Wall Street’s consensus target by 2 cents.
