SGB Executive Outdoor
Fox Factory’s Q4 Races Past Expectations
The 16.6 percent revenue gain reflected a 27.5 percent and 7.8 percent increase in sales of powered vehicle products and bike products, respectively.
Aisle Talk, Week Of February 27
Top headlines from the active lifestyle industry you may have missed this week.
Backwoods Finds Buyer
Jennifer Mull, previous CEO of Backwoods Retail, Inc. has agreed to a consulting arrangement with the new company.
Crocs To Shutter A Quarter Of Its Locations
Gregg Ribatt will step down on June 1 and will be replaced by Andrew Rees, who joined Crocs two years ago as president. Ribatt will remain on the company’s board.
Big 5 Boosted By Competitor Exits
“We’re very encouraged that the profit and sales momentum has continued and actually accelerated into the first quarter of fiscal 2017,” CEO Steven Miller said on a conference call with analysts.
Aisle Talk, Week Of February 20
Top headlines from the active lifestyle industry you may have missed this week.
Sierra Trading To Open 15 Stores In 2017
The TJX Cos. plans to accelerate openings at Sierra Trading Post, with 15 stores to open in 2017, officials said Wednesday on the company’s fourth-quarter conference call.
Garmin Smashes Street Estimates In Q4
Showing Fitbit’s growth challenges are far from applying to them, Garmin reported fourth-quarter results that easily topped Wall Street’s targets.
Wolverine Q4 Reaches High End Of Guidance
While Merrell showed a decline of 7 percent and the Wolverine brand was down due to a repositioning, most of Wolverine Worldwide’s key brands showed moderate to strong growth.
Who Will Land Outdoor Retailer?
Montana and Oregon joined Colorado in expressing their interest in the lucrative contract.
Analyst Q&A: VF Corp. Q416
In the Q&A portion of VF Corp.’s fourth-quarter conference call on Friday, analysts questioned management about the distribution challenges facing The North Face in the U.S., whether the profitability in its Outdoor & Action Sports Coalition was sustainable, and open-to-buy rates by retailers.
VF Eyes Bounce Back Year In 2017
On his first conference call since becoming VF’s new CEO, Steve Rendle delivered a bullish assessment of VF’s prospects, predicting the company’s primary brands – Vans, The North Face and Timberland – would collectively grow at a high-single-digit rate in 2017, with a “special focus on reigniting growth in our North Face and Timberland brands in the Americas.”
Outdoor Retailer Says Goodbye To Utah
The show will leave Salt Lake City after Summer 2018. In addition, Utah will be excluded from submitting a proposal during the relocation process.
Rocky Brands Looks For Pickup In 2017
“With respect to the work, western and hunting boot categories, 2017 is off to a better start than 2016, thanks to more operable weather conditions combined with easier comparisons,” said CEO Mike Brooks on a conference call with analysts.
Aisle Talk, Week Of February 13
Top headlines from the active lifestyle industry you may have missed this week.
