SGB Update Outdoor

VF Corp. Appoints VP, Investor Relations

VF Corporation announced the appointment of Allegra Perry to vice president, investor relations, effective January 2022. Perry will report to VF’s chief financial officer, Matt Puckett.

San Pedro Bay Ports Announce New Measure To Clear Cargo

In an effort to improve cargo movement amid congestion and record volume, the ports of Long Beach and Los Angeles will begin assessing a surcharge to ocean carriers for import containers that dwell in marine terminals.

Thule’s Sales Expand 14 Percent In Q3

Thule Group reported sales in the third quarter reached SEK 2,772 million, up 13.8 percent year-over-year on a reported basis and 16.2 percent on a currency-neutral basis.

Eddie Bauer To Close All Stores In Japan

Eddie Bauer Japan Co. plans to close all of its approximately 60 stores and online shopping website by the end of December as the brand exits the Japanese market, according to The Japan Times.

BN3TH Appoints Product And Merchandising VP

Underwear brand BN3TH appointed Juliet Korver as VP product and merchandising. Her past experience includes product roles at RYU Apparel, Lululemon Athletica and O’Neill Canada.

NRF Survey: Holiday Spending To Be Even With 2020 Levels

Consumers plan to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families this year, on par with consumer spending last year, per the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics.

VF Corp. Reaffirms Outlook Despite Slight Quarterly Miss

VF Corp. reported revenue climbed 23 percent in its second quarter ended October 2, led by a 31 percent gain at The North Face. Vans sales grew 8 percent and Dickies grew 21 percent. Companywide earnings and sales were slightly below Wall Street’s targets but VF reaffirmed its full-year earnings outlook.

Adobe Forecasts Record Online Sales, Continued Supply Chain Issues

Adobe expects U.S. holiday sales online to hit $207 billion from November 1 to December 31, setting a record high. This represents a 10 percent increase from 2020, a strong growth rate after a year where the pandemic made e-commerce an essential service. On the negative side, a weakened supply chain is leading to a hike in out-of-stocks and driving up online prices.