SGB Executive Outdoor
Activist Group Pushes For Major Changes At Deckers Outdoor
Marcato Capital Management, in its proxy statement seeking to replace all 10 Deckers Outdoors’ directors with its own squad, detailed an extensive plan to reimagine Deckers, including the sale of non-core Ugg brands, a rash of store closings, additional cost-reduction initiatives, and aggressive stock buybacks
Hydro Flask Parent Expects H2 Sales Growth To Moderate
On a conference call with analysts, Julien Mininberg, CEO of Helen of Troy, said the industry is seeing “some moderation” in overall demand in the water bottles and hydration space following a period a strong growth overall.
Aisle Talk, Week Of October 2
Top headlines from the active lifestyle industry you may have missed this week.
One-On-One With OrthoLite’s Glenn Barrett
The CEO and chairman of Ortholite discusses the keys to successful collaborations, 3D printing and other emerging technologies, new competitors in the space, and the insole category’s newfound respect.
Aisle Talk, Week Of September 25
Top headlines from the active lifestyle industry you may have missed this week.
Bass Pro And Cabela’s Celebrate Merger Closing
With a video declaring the two companies were “Moving Forward Together,” Bass Pro on Monday celebrated the closing of its $4 billion merger with Cabela’s.
Under Armour Upgraded, VF Corp Downgraded
KeyBanc Capital Markets on Monday raised its rating on Under Armour due in part to its recent hiring of Patrik Frisk as COO. At the same time, the investment firm lowered its rating on VF Corp. due in its valuation and online weakness at its jeanswear coalition and Timberland.
Aisle Talk, Week Of September 18
Top headlines from the active lifestyle industry you may have missed this week.
E-Bikes The Focus Of BPSA’s First-Ever Annual Report
The Bicycle Product Suppliers Association (BPSA) released its first-ever Annual Report and, not surprisingly, grappling with safety and legal issues around e-bikes was a major discussion point.
Academy’s Challenges Continue In First Half
Moody’s downgraded the debt ratings of Academy Sports + Outdoors due to “difficult market conditions, including a highly promotional environment for athletic apparel and weak demand for firearms and ammunition,”
Roots To Accelerate Expansion With IPO
Roots, the Canadian lifestyle apparel chain, filed for an initial public offering to accomplish ambitious growth goals in the years ahead, including adding about a dozen new doors in the U.S.
Aisle Talk, Week Of September 11
Top headlines from the active lifestyle industry you may have missed this week.
Deckers Brands Receives Director Nominations From Marcato Capital Management
Deckers Brands confirmed that affiliates of Marcato Capital Management have nominated 10 director candidates to stand for election to the Board of Directors at Deckers’ 2017 Annual Meeting of Stockholders.
JD Sports First-Half Profits Climb
Boosted by a stellar performance from its Sports Fashion segment and a positive contribution from the recently-acquired Go Outdoors, JD Sports Fashion PLC reported profits before taxes climbed 32.7 percent in the first half ended July 29, to £102.7 million ($136.3 mm).
Cherokee Lowers Full-Year Guidance On Transition Hurdles
Cherokee Global Brands lowered its outlook for the year in part because the transition of its flagship Cherokee brand away from Target to its new wholesale licensees has been slower than initially anticipated.
