SGB Executive

EXEC: February FW Factory Shipments Soar as Key Factories Post DD Growth

Yue Yuen’s manufacturing business, which boasts Adidas, Merrell, Asics and many others as key customers, posted a 14.9 percent increase in February, and Feng Tay, a major Nike supplier, returned to positive territory delivering 11.4 percent growth year-over-year after a decline in January.

EXEC: Sebago Parent BasicNet Gets DTC Lift for Positive 2024

The Turin, Italy-based parent of the Kappa, Robe di Kappa, K-Way, Superga, Briko Jesus Jeans, Sabelt, and Sebago brands said Direct sales grew 4.2 percent to €346.8 million in 2024, while Royalties fell 2.2 percent year-over-year.

EXEC: Liberated Brands Auction Process Approved

All bids are due Monday, March 10, at 5 p.m. ET. If there are two or more bids, an auction will be held on March 17, with a hearing to approve the buyer proposed for March 24.

EXEC: VF Corp. Shares Fall Following Investor Day Part 2

Presentations during the meeting were conducted by the brand presidents from The North Face, Timberland, Dickies, Altra, and Vans who outlined key strategic objectives for each brand as well as the Emerging Brands segment.