Weyco Group Sees Bogs Sales Decline 35 percent in Q2
Weyco Group Inc. reported North American wholesale sales at Bogs declined 35 percent in the second quarter ended June 30 as the company’s overall sales slid 10 percent. Weyco’s overall earnings rose 8 percent.
VF Corp. Sees Wider Q1 Loss and Revenue Decline as Vans Drag Continues
The home to the iconic Vans, The North Face, Timberland, Jansport, and Dickies brands, among others, saw 2024 fiscal first-quarter revenue slide 8 percent to $2.09 billion from $2.22 billion in the year-ago quarter.
Columbia Sportswear Cuts Full-Year Guidance On U.S. Weakness
Columbia Sportswear Co. reported second-quarter earnings and sales that topped Wall Street expectations, but lowered its outlook for the year as continued weakness in its U.S. offset strength overseas, including China. The company said it was undertaking expense reduction efforts to manage “near-term uncertainty.”
Big 5 Sees Q2 Same-Store Sales Decline 12 Percent
Big 5 Sporting Goods Corp. posted a slight loss in the second quarter ended July 2 as same-store sales dropped a worse-than-expected 12 percent due to cool weather impacting early spring selling. The California-based sporting goods chain generated positive EBITDA and earnings results were above the midpoint of its guidance range.
Thor Industries Shifts President Roles at Operating Units
Thor Industries, Inc. promoted key leaders for positions at several of its operating companies—Ryan Juday to president of KZ Recreational Vehicles and Kyle Kwasny as president of Heartland RV, effective August 1.
UYN Secures Rocky Mountain Sales Representation
UYN Sports, a maker of sustainable apparel, footwear and accessories based in Italy, named Granite Marketing its sales agency of record for the Rocky Mountain region.
Report: Under Armour Signs 10-Year Extension with Notre Dame
Under Armour reached a new $100 million ten-year licensing extension with Notre Dame, noted by Yahoo Sports as the most lucrative apparel contract in college athletics.
Empower’s Back-To-School Study Finds High Inflation Concerns
A survey conducted by Empower.com found that 85 percent of the parents they interviewed were impacted by inflation, affecting their ability to spend money this year for their kid’s back-to-school items.
361 Degrees Sees Profit Growth of 25 Percent or More in First Half
The company outlined four reasons for the strong double-digit profit growth for the six-month period ended June 30, 2023.
Under Armour Launches Rewards Program
Under Armour, Inc. launched its “UA Rewards” loyalty program that gives points to customers based on purchases, posting reviews and achieving fitness challenges.
Saris Resets Sales Team Following Bankruptcy Auction Sale
Saris Cycling Group, the manufacturer of bike racks and trainers, overhauled its sales team following the sale of the company last October to C+A Global at a bankruptcy auction.
Report: Birkenstock IPO Estimated at $8 Billion Valuation
L Catterton, Birkenstock’s private-equity owner, is looking to take the Germany-based footwear manufacturer public in September in the U.S. at a valuation of more than $8 billion, sources told Bloomberg.
Canada’s Tour Experience Golf (TXG) to Convert to Club Champion Canada
Club Champion said that following its 2022 acquisition of Canada’s Canadian club fitter, Tour Experience Golf (TXG), the TXG brand will transition to Club Champion and its retail stores will be branded as Club Champion Canada, effective August 1.
ProForce Law Enforcement Names New VP of Sales
ProForce Law Enforcement promoted Jim Halsted to vice president of sales. He joined the company in 2019 and made a significant impact as a regional manager overseeing Arizona, New Mexico and Nevada.
Nautilus Relaunches BowFlex Brand with New Brand Identity
Nautilus, Inc. relaunched its BowFlex brand identity with new visuals and philosophy, linking it to the idea that “fitness isn’t about fitting into a pair of jeans or someone else’s idea of perfection; it’s about feeling good every time you move.”
