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.
The Long And Winding Road To Perry Ellis Going Private
For the last few months, Perry Ellis International’s largest shareholder, George Feldenkreis, and the company he founded could sum up their relationship with a familiar social media saying: “It’s complicated.” But the complication appears to have been cleared up, at least for now.
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.
Canada Goose Ramps Up Growth Targets Following Blowout Year
Crushing the company’s first year public, Canada Goose Inc. lifted the company’s growth targets for the next three years ahead while spelling out the company’s big expansion opportunities in China and DTC.
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.
Fox Factory Sees Growth In Mountain Bike Market
Speaking at the William Blair 2018 Growth Stock Conference in Chicago, IL, on Wednesday afternoon, Fox Factory Holding Corp. CEO Larry Enterline said the company has significant growth potential with sales of mountain bike parts.
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.”
Sweet Spot: Golf’s Evolution Striking Right Balance
In this first of a two-part series on the state of the golf industry, SGB looks at the sport’s participation levels and how associations, private companies, grassroots organizations and local course operators are working to ensure golf continues its current rebound by addressing the needs of core players while also attracting the next generation.
Vertical Integration Has Gildan Well-Positioned For Private Label Launch
Speaking at Stifel’s 2018 Cross Sector Insight Conference in Boston, MA, on Monday morning, Gildan Activewear Inc. CFO Rhodri Harries said the company’s strategic advantages will bolster the launch of two private label lines later this year.
Retail Report Roundup – June 11
Studies arrived last week on Amazon’s dominance, identity fraud concerns, voice-assisted shopping skepticism, location-based marketing’s in-store lift, skimpy online return rates and app shopping worries.
