Wolverine World Wide Sees Q4 EPS At Low End Of Guide On Inventory Reduction Efforts
Wolverine World Wide, Inc. updated its outlook for fiscal 2022 revenue, earnings, inventory and net debt, reporting that the company expects the following preliminary and unaudited financial results as of December 31, 2022.
Imports Drop As Pandemic-Driven Shipping Surge Comes To An End
With a pandemic-driven surge over, monthly import cargo volume at the nation’s major container ports fell below the two million Twenty-Foot Equivalent Units mark and is forecasted to remain there through the spring, according to the Global Port Tracker Report released by the National Retail Federation and Hackett Associates.
VF Corp. Realigns EMEA Leadership Team
VF Corp. added new hires to its leadership team in Europe, the Middle East and Africa (EMEA).
Cotopaxi CEO And Founder To Transition To Chairman In July 2023
Cotopaxi reported that CEO and Founder, Davis Smith, will transition to Chairman of the Board and transition his role to Damien Huang on July 1, 2023, respectively.
Streamlight Names Regional Sales Manager
Streamlight, Inc. hired Brice Silveria as regional sales manager for the company’s Federal/Military Division.
Darby Communications Adds Two Partners To Ownership Structure
After celebrating fifteen years in operation, Darby Communications expanded the agency ownership to include two business partners.
Nielsen-Kellerman Elevates Arkell To CEO
Nielsen-Kellerman Company hired Chuck Arkell as CEO and as a member of its board of directors, effective immediately.
Jack Wolfskin Hires Sales Director, Sales Agencies
Jack Wolfskin expanded its North American wholesale sales team by adding a director of sales for North America and rep partnerships with multiple sales agencies.
Delta Apparel Sales Dip In Fiscal First Quarter
Delta Apparel Inc. expects overall 2023 fiscal first quarter net sales of approximately $106 million for the three-month period ended December 31, a decline of 4.2 percent from $110.7 million in the year-ago comp period.
Costco December Comps Rise 5.5 Percent But E-Commerce Declines
Costco Wholesale Corporation posted net sales of $23.80 billion for the retail month of December, the five weeks ended January 1, 2023, an increase of 7.0 percent from $22.24 billion in the comparable month last year.
Merrell Hires New VP U.S. Sales
Merrell hired Jessica Adler as VP of U.S. sales. With nearly 20 years of experience in retail, Adler is responsible for the brand’s U.S. wholesale strategy.
Brunswick Corp. Introduces Boat Brand At CES
This week, Brunswick Corp. launched a new boat brand, Veer, at the CES show. The company said the boat supports electric propulsion and appeals to the “next generation of boaters.”
Henry Repeating Arms Advances Communications VP
Henry Repeating Arms promoted Daniel Clayton-Luce to vice president of communications.
YakAttack Hires VP Of Sales
YakAttack, LLC hired Joe Butler as VP of sales. Butler was previously the owner of Black Creek Outfitters. He brings 30-plus years of business development and watersports retail experience to the position.
Osprey, Hydro Flask Parent Sees Drop In Fiscal Q3 Home & Outdoor Segment Sales
Helen of Troy Ltd. reported sales in its Home & Outdoor segment, which includes OXO, Hydro Flask, Osprey, were down 7 percent on a reported basis and 23.3 percent on an organic basis in the third quarter ended November 30. Helen of Troy’s overall sales were down 10.6 percent but results exceeded expectations and guidance was raised for the fiscal year.
