ISA TanTec Recognized For Environmental Excellence
ISA TanTec’s Heshan Bestway Leather Product Ltd. subsidiary was granted the “Green Card”by Jiangmen Environmental Protection Bureau in recognition of its “Environmental Integrity Enterprise.”
Iconix To Wind Down DanskinNow At Walmart
The company announced that it has been informed by Walmart that the DanskinNow license, which is a diffusion of the Danskin brand, will not be renewed beyond January 2019.
Brooks Running Returns to Double-Digit Growth In Q3
Brooks Running Company reported an 11-percent increase in third-quarter revenue year over year, led by a 14-percent increase in global footwear sales. The Ghost and Adrenaline GTS led the gains.
Skechers Claims Shareholder Lawsuits Without Merit
Skechers USA Inc. in a statement denied the allegations in the recent alleged shareholder class actions as frivolous and malicious, and plans on defending them vigorously.
REI To Close Again On Black Friday
For the third year running, REI has announced that it will close its 151 stores on Black Friday, process no online sales and pay all 12,000 employees to #OptOutside with family and friends. The retailer also introduced a new experiential search engine at REI.com/opt-outside to help inspire and enable people to get outside.
Golf Rounds Played Climb In September
According to Golf Datatech, golf rounds played was up 2.2 percent in September.
Bogs Sales Drop 4 Percent In Q3
Weyco Group Inc. said Bogs sales declined due to lower sales with outdoor retailers.
Trump To Shrink Size Of Utah National Monuments
President Donald Trump plans to reduce the boundaries of the Bears Ears and Grand Staircase-Escalante national monuments in Utah.
UPS Forecasts Another Record-Breaking Holiday Shipping Season
UPS plans to deliver more than 750 million packages globally in the 25 days between Thanksgiving and New Year’s Eve. The record-breaking seasonal global delivery volume is approximately 5 percent above last year’s holiday peak shipping season volume.
NRF: Holiday Sales To Rise 3.4 Percent
Consumers will spend an average $967.13 during the holiday season this year, according to the annual survey conducted by Prosper Insights & Analytics for the National Retail Federation. That’s up 3.4 percent from the $935.58 consumers said they would spend when surveyed at the same time last year.
VF Corp. Upbeat For Holiday
In an interview with SGB. Steve Rendle, president and CEO of VF Corp., said that while October started “a little slow,” sales have picked up as “the weather began to become more fall like” and the company remains optimistic about holiday selling. He also said he remains bullish on The North Face and Timberland regaining top-line momentum.
Aisle Talk, Week Of October 23
Top headlines from the active lifestyle industry you may have missed this week.
Deckers Abandons Sales Plan After Delivering Blowout Q2
Deckers Outdoor said it is no longer actively pursuing a sale of the entire company while reporting second-quarter results that came in well ahead of guidance.
Columbia Sees U.S. Wholesale Returning To Growth First Half Of 2018
Columbia Sportswear’s third-quarter results came in better than expected as growth overseas and in its U.S. DTC business offset another steep decline in U.S. wholesale revenues. But officials predicted U.S. wholesale growth would resume in the first half of 2018.
Skechers Athletes Dominate Podium At Ironman World Championship
Lionel Sanders and Lucy Charles each finished second in their respective men’s and women’s competitions, and David McNamee took third place for the men.
