Lululemon Athletica Inc. again raised its outlook for sales and earnings in the year after reporting third-quarter results that topped guidance. Comparable sales in the quarter jumped 22 percent, or increased 25 percent on a constant dollar basis.
Results for "amer"
We found 24286 results for your search.
Thor Industries’ Profits Fall In First Quarter
Thor Industries, Inc. reported profits fell 43.8 percent in the first fiscal quarter ended October 31 on a 21.5 percent sales decline.
PrairieFire Acquires Front Sight
PrairieFire completed its acquisition of Front Sight from Chapter 11 bankruptcy proceedings. The U.S. Bankruptcy Court approved the plan to purchase the business on November 29, 2022, and the sale closed on December 2, 2022.
Icebreaker Names Senior Manager, U.S. Wholesale
Icebreaker hired Jamie Baker as senior manager of U.S. Wholesale, effective immediately.
EXEC: VF’s Shares Take Hit On CEO Exit, Guidance Cut
Shares of VF Corp. fell about 11 percent on Monday following the news of Steve Rendle’s retirement as CEO. His exit was a surprise but not a shock to Wall Street analysts, given VF’s underperformance, led by Vans, in recent years. More worrisome was VF’s third guidance reduction in the last three months.
Steve Rendle Retires As VF Corp.’s CEO
VF Corp. reported Chairman, President and CEO Steve Rendle is retiring. Benno Dorer, a lead independent director of the VF Board, was named interim president and CEO, effective immediately. VF also again lowered its revenue and earnings expectations for the second half of its fiscal year.
Camping World Opens RV Dealership In San Martin
Camping World Holdings Inc. opened a new RV dealership at its existing San Martin location in California.
Athleta Opens Fourth Store In New York City
Athleta, a Gap, Inc. brand, opened its fourth store in Manhattan’s SoHo neighborhood. The 5,000-square-foot space at 594 Broadway is the brand’s 35th new store opening in 2022.
Urban Outfitters President Exits
Urban Outfitters, Inc. reported that Francis Pierrel, president, Urban Outfitters Group, had left the company.
EXEC: Genesco Reduces FY Guidance On Inflationary, Promotional Pressures
Genesco, Inc.’s sales and margins topped expectations in the third quarter, but its full-year outlook was lowered as heightened promotional activity is now planned for the fourth quarter, particularly at the flagship Journeys chain. Mimi Vaughn, Genesco’s president and CEO, told analysts, “The consumer pressured by inflation is having to make harder choices on where they spend their money.”
Sweet Protection Adds U.S. Alpine Racing Veteran To Athlete Team
Sweet Protection, the maker of performance helmets, goggles and technical clothing, reported it signed an athlete partnership contract with three-time Olympian and veteran World Cup Alpine ski racer Tommy Ford. Widely considered one of the fastest movers in ski racing, placing 12th in the Giant Slalom at the 2022 Winter Olympics in Beijing, Ford also […]
Sweet Protection Adds U.S. Alpine Racing Veteran To Athlete Team
Sweet Protection, the maker of performance helmets, goggles and technical clothing, reported it signed an athlete partnership contract with three-time Olympian and veteran World Cup Alpine ski racer Tommy Ford. Widely considered one of the fastest movers in ski racing, placing 12th in the Giant Slalom at the 2022 Winter Olympics in Beijing, Ford also […]
Record 196.7 Million Consumers Shop Over Thanksgiving Holiday Weekend
A record 196.7 million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
Crocs Expands Credit Agreement
Crocs increased the total commitments under its revolving credit line with Bank of America, PNC and five other lenders, by $150 million to $750 million, with a $250 million accordion feature, according to a regulatory filing.
EXEC: Duluth Trading Axes Guidance On Softening Sales
Duluth Holdings, Inc., the parent of Duluth Trading, returned to growth in the third quarter on an encouraging response to its updated brand positioning. However, more value-conscious customers have led to a recent deceleration in sales, prompting the company to reduce its outlook for the year.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal