S&P Global Ratings, which downgraded VF Corp.’s credit rating, believes that VF will have to execute a sizeable asset sale to reduce its $6 billion debt burden. The company’s four largest brands include Vans, The North Face, Dickies and Timberland.
Tiffany Montgomery
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Forward Retains New Management with Industry Veterans
Forward Outdoor retains new management with industry veterans Tony McWilliam and Lionnel Ducruet and launches an all-new 24/25 collection.
Prana Records 21% Revenue Drop in 2023
Active lifestyle brand Prana’s 2023 revenue dropped 21% to $113.6 million as parent company Columbia Sportswear works to find the formula that will return the brand to growth. Columbia acquired Prana in the summer of 2014 for $190 million in cash. At the time, Prana...
Sorel 2024 Revenue Expected to Fall Double Digits
Industry footwear brand Sorel, owned by Columbia Sportswear, is experiencing weak sell through this season, which is weighing on future wholesale orders, according to Columbia executives. As a result, Sorel’s revenue is expected to drop in the 20% range in 2024, a...
Tilly’s CEO Ed Thomas Exits
The longtime CEO of large industry customer Tilly’s is retiring effective Monday. The news comes as Tilly’s and many other teen retailers are facing a tough consumer spending environment.
Updated: Photos and Report From Surf Expo
We have a full report and lots of photos from the Surf Expo show floor in Orlando, Florida.
Surf Expo Kicks Off Today
The industry is heading to Orlando this week for Surf Expo, which kicks off Wednesday with a packed roster of brands, buyers and events.
Rip Curl Names Kiki Prince North America GM
The well-regarded industry executive and Roxy veteran joins Rip Curl, which has been without a North American leader since former regional President Dylan Slater left.
Authentic EVP David Brooks on Plans for Boardriders Brands
We asked the EVP for action and outdoor sports, lifestyle at Authentic about the go-forward strategy for the brands, including the role of the specialty channel, any mid-tier distribution planned, and how Authentic and the licensees will approach athlete sponsorship.
Brixton on Hunt for New CEO
SES has confirmed previous CEO Raphael Peck has exited the company. Board member Scott Olivet talks with us about the CEO search.
Year in Review: What Kept Industry Executives Up at Night in 2023?
SES asked executives from around the industry to reflect on the business this year, with responses that ranged from lamenting the heavy promotional environment to the continuous drive to improve their respective companies.
Surf Expo to Host Exciting Lineup of Events, Networking, Seminars and Features at January 2024 Show
Highlights include the 2024 Florida Shape Off, East Coast Surfing Hall of Fame Induction Ceremony, Learning Labs, and Industry Party.
