SGB Update Apparel
Burlington Stores Q4 Results Top Guidance, Comps Climb 4 Percent
Burlington Stores, Inc. reported earnings rose 19.9 percent on an adjusted basis in the fourth quarter ended January 31 on a 4 percent comp gain, exceeding guidance. The off-pricer expects comps in the current year to climb in the range of 1 percent to 3 percent.
REI Hires Former Foot Locker Exec as Chief Commercial Officer
REI Co-op has hired Kim Waldmann, formerly at Foot Locker and Athleta, as its new chief commercial officer, effective March 9. Waldmann joins REI from Foot Locker, Inc., where, most recently, she served as global chief customer officer.
Shoe Show, Inc. Names Sara Parker VP Operations and Merchandising at Half-Moon Outfitters Division
Over the course of her career, Parker has reportedly served in nearly every facet of the business, including sales associate, store manager, buyer, director of sales, general manager, and most recently director of operations and merchandising. Beezer Molten, founder of Half-Moon Outfitters, retired in January after selling the retailer to Shoe Show, Inc.
RCS Puts 174 Eddie Bauer Store Leases on the Market
RCS Real Estate Advisors, retained as advisors in Eddie Bauer LLC’s bankruptcy proceedings, reported it is actively marketing 174 store leases, including 150 store locations across 40 U.S. states and 24 in Canada.
Levi Strauss Completes Sale of Dockers to Authentic Brands Group
Levi Strauss & Co. completed the sale of the Dockers brand to Authentic Brands Group. The initial sale price is $311 million, with the potential to reach $391 million based on the Dockers brand’s performance under Authentic’s ownership.
Sportsman’s Warehouse Sees First Positive FY Comps Since 2020; Sees Q4 Earnings Topping Guidance
The outdoor, hunting and fishing retailer released preliminary fourth-quarter and 2025 results, indicating that both sales and earnings will exceed prior expectations and marked the first positive same-store sales growth for the full year since 2020. The hunt & fish retailer also plans to take a charge to potentially close five locations.
Target Corp. Outlines Restructuring and Overhaul Plan
While reporting fourth-quarter results, Target Corp. outlined its multi-year strategy under new CEO Michael Fiddelke to accelerate its return to growth. The plan calls for investing an incremental $2 billion in 2026, including more than $1 billion in additional capital expenditures and $1 billion in additional operating investments.
Ross Stores Q4 Earnings Crush Guidance on 9 Percent Comp Gain
Ross Stores Inc. reported fourth earnings came in well ahead of guidance as same-store sales surged 9 percent. Comps are expected to climb in the range of 7 percent to 8 percent in the first quarter, along with a sharp uptick inearnings.
Mammut Names Waypoint Outdoor as North America Sales Agency
Waypoint will continue to support Mammut’s position in the hardgoods and snow safety space, while actively growing sales in apparel and footwear across ski, climb, hike, and run in North America effective with the Spring 2027 season.
Former TNF and Boardriders Exec Arne Arens Joins Apparel Tech Startup as CEO
Unspun, an apparel technology start-up focused on localized, low-waste production, appointed Arne Arens, a former executive at The North Face and Boardriders, as CEO
CODI Increases Board Size; Adds Two New Directors
Compass Diversified (CODI), the parent of 5.11, BOA and Primaloft, elected Eugene Kim and Glenn Richter to the company’s board of directors while Alexander Bhathal has resigned from the board, due to other commitments.
Target’s Q4 Comps Decline 2.5 Percent, Eyes Return to Growth in 2026
Target Corp. reported same-store sales declined 2.5 percent in the fourth quarter on weak store traffic, marking its fourth consecutive decline in same-store sales. Earnings were up slightly on an adjusted basis. Results were in line with expectations. Sales and traffic trends accelerated in the last two months of the quarter, and Target forecasted a return to growth this year.
ThredUp Shrinks Q4 Loss as Sales Climb 18 Percent
ThredUp, Inc. reported sales rose 18 percent in the fourth quarter and 20 percent for the year. The resale platform reported lower losses in both periods. “For the full year 2025, our performance was a testament to the scalability of our infrastructure and the fundamental strength of our marketplace model,” said ThredUp CEO and Co-Founder James Reinhart.
Amer Sports Plans to Raise $750 Million in Stock Offering
The parent of Arc’teryx, Salomon and Wilson plans to redeem the outstanding principal amount of its 6.750 percent senior secured notes due 2031 and to pay related premiums, fees and expenses.
Dunlop Sports Americas Appoints Retail Brand Marketing Director
Dunlop Sports Americas hired Kyle Freeman as its new retail brand marketing director to guide retail brand marketing strategy across Srixon, Cleveland Golf and XXIO brands. Most recently, he was the U.S. sports marketing director at TaylorMade Golf.
