Continued strength in VF Corp.’s biggest brands—Vans, The North Face and, to a lesser extent, Timberland—along with balanced geographic and channel sales, helped the company deliver a standout first quarter with earnings well above Wall Street’s expectations.
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SGB Executive Q&A: Royal Robbins CEO Michael Millenacker
A little more than a year after Royal Robbins died, the company he founded in 1968 is under new ownership, yet retains the spirit of its namesake. Current President and CEO Michael Millenacker (pictured) spoke with SGB about where the company is heading under Fenix Outdoor and why the brand’s 50-year-old vision remains intact.
SGB Executive Q&A: Boa CEO Shawn Neville
Shawn Neville, CEO of Boa Technology Inc., takes SGB behind the scenes of the company’s new Denver headquarters, where the maker of fit systems for a variety of gear is developing ambitious plans for growth.
Home At Last: Outdoor Retailer Settles Into Denver
As Outdoor Retailer Summer Market prepares for the event’s Denver debut next week—the first summer show after leaving Salt Lake City—the event’s director, Marisa Nicholson, has a message for the brands, retailers and outdoor industry partners heading to Colorado. Welcome home.
SGB Executive Q&A: ISA TanTec CEO Talks Expansion
In an SGB Q&A, Isa TanTec CEO Uwe Hutzler explains why business is booming for the Macau, China-based leather supplier whose tanneries produce material for brands such as Timberland, Wolverine, Deckers, Keen, Clarks, Danner/LaCrosse, Rockport, The North Face and more.
Hydro Flask Growth Boosts Helen Of Troy’s Q1
Established and raised in the Western U.S., Hydro Flask has successfully migrated eastward and even to Europe, an expansion that has helped drive parent company Helen of Troy Ltd.’s solid growth in housewares.
Adidas Files Objection To Rockport Bankruptcy Sale
Adidas and its subsidiary Reebok International LTD—the former parents of The Rockport Group LLC—have filed an objection to the forthcoming bankruptcy sale of Rockport due to outstanding debts stemming from the companies’ own sale of Rockport three years ago.
‘Battle Has Begun’: Global Trade War Now Underway
Trade associations called Friday the first official day of the trade war between the U.S. and China, as $34 billion in tariffs on Chinese goods kicked in overnight. The U.S. is expected to add tariffs on an additional $16 billion of Chinese goods at a later date.
Mizuno, Fleet Feet Again Team Up For Project Zero
For the second straight year, Mizuno USA Inc. and run specialty franchise Fleet Feet have teamed up on a running shoe collaboration whose goal is to raise funds for breast cancer research. Project Zero enters the company’s second year with hopes of beating last year’s contribution total.
Softness In Firearms Sales Reflects Typical ‘Ebb And Flow’
Firearms sales are down halfway through the year, presenting another challenge for an industry that has dealt with bad publicity in the form of mass shootings, public protests and well-known retailers altering or stopping their gun sales.
June M&A Roundup: Megaresorts Expand Their Empires
Summer is an odd time to discuss what’s happening at North American ski areas—especially with record high temps now sweeping the U.S.—but the escalating “arms race” between megaresort operators Vail Resorts Inc. and Alterra Mountain Co. was among the hottest M&A developments in June.
Nike CEO Mark Parker On Company’s Digital Progress
Nike Inc.’s impressive fourth quarter saw balanced growth across regions and divisions, but the company’s digital gains were especially notable. A jump in digital sales was the result of an increased emphasis on platforms and not just products, according to CEO Mark Parker.
SGB Executive Q&A: 361 Degrees USA President Jim Monahan
Jim Monahan, president of running footwear company 361 Degrees USA, spoke with SGB at last week’s Fleet Feet National Franchise Conference in Minneapolis, MN, about what’s happening with the company as 361 Degrees moves from a startup to a player that’s found a comfortable pace and is working to close the gap on competitors.
Running Rebrand: Fleet Feet Refreshes Logo, Drops ‘Sports’ From Name
Fleet Feet has unveiled a new logo that resembles a torch and also dropped the word “Sports” from its name, all part of a brand refresh for the 42-year-old retailer.
On Par: Golf Equipment, Apparel Sales Holding Steady
In this second of a two-part series on the state of the golf industry, SGB looks at the state of golf equipment and apparel sales, each one serving as trailing indicators of an increasingly healthy industry.