Teva Partners With Hudson’s Bay
A nod to the adventurous pedigree of both brands, the Original Universal and Flip styles feature custom Hudson’s Bay Company signature stripe webbing straps, leather topsole and rubber outsoles for the versatile explorer.
How Does Emerald Expositions Make Money?
Emerald Expositions Events Inc.’s initial public offering reveals that its collection of sports-related trade shows, including Outdoor Retailer, Surf Expo and Interbike, are growing at a steady double-digit rate with healthy booth renewal rates. But particularly impressive is its overall robust profit margins and cash flow conversion.
Outdoor Retailer Parent Files For IPO
Revenues in the sports trade show industry sector, which includes Outdoor Retailer, Surf Expo and Interbike, grew at a CAGR of 14 percent from 2014 to 2016.
JanSport Collegiate Licensed Apparel Faces Layoffs
VF Corp. is eliminating 380 jobs due to the closing of its apparel decoration operations. The layoffs are related to its JanSport Collegiate Licensed Apparel business, which will be winding down business over the coming months.
Zumiez Sees Modest March Comp Gain
The action sport retailer’s comparable sales increased 1.1 percent for the five-week period compared to a comparable sales decrease of 7.8 percent in the year ago period.
Hudson’s Bay Co. Shows Loss In Q4
Jerry Storch, HBC’s CEO, said, “The past year was a disruptive one for the retail industry. While the department store sector remains challenging, we are taking decisive action and making the tough decisions to ensure continued performance should the current environment persist.”
Soles4Souls Announces Spring Cleaning/Earth Day Initiative
“The saying ‘one person’s trash is another person’s treasure’ couldn’t apply more when it comes to creating powerful sustainable economic opportunities through repurposing shoes and clothing,” says Soles4Souls CEO Buddy Teaster.
Pearl Izumi To Sponsor USA Triathlon
Pearl Izumi will outfit the elite athletes on the USA Triathlon and USA Paratriathlon National Teams with cycling apparel to wear at ITU events and for training purposes.
Payless Lists Stores To Close
The retailer plans to close about 400 stores. As expected, the biggest states saw the most closures, including about 110 in Texas and 50 in California.
VF Looks To Jumpstart Acquisitions
“History has shown and we continue to believe that M&A is our highest and best use of capital,” said Scott Roe CFO and VP, at the company’s annual Investor Day. “And it remains our first priority.”
Rocky Brands Appoints Two Board Members
Rocky Brands Inc. appointed William L. Jordan and Robert B. Moore, Jr. to the company’s board of directors.
Mary Anderson, REI Co-Founder, Dies
Mary Anderson and her husband, Lloyd, founded REI in Seattle, WA in 1938.
Interbike Appoints Retail Relations Director
Interbike hired Fred Clements, longtime NBDA executive director, to fill the newly created position of retail relations director.
Sports Direct Completes Sale Of Dunlop
Sports Direct completed the sale of its Dunlop business to Japan-based Sumitomo Rubber Industries for $137.5 million.
Payless Seeks Debt Restructuring In Bankruptcy Proceedings
Among the U.S. firms left with unsecured claims were Fila USA, New York, NY, owed $5.17 million, as well as two licensing partners, Champion Athleticwear, Winston-Salem, NC, owed $1.41 million; and E.S. Originals, Inc., New York, NY, owed $1.25 million.
