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Young Leaders to Watch in Surf, Outdoor, and Active Lifestyle
Executive Edition
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Hardgoods Downturn Puts Squeeze on Globe International’s Full-Year Sales, Profit
CEO: Globe ended its fiscal year in a “much stronger financial position” as a trend in improving profitability is expected to continue.
News August 25, 2023Icebreaker President Talks Product Expansion, Brand Strategy
Merino-wool outdoor apparel brand icebreaker is in a battle against synthetic clothing. The company began with a focus on natural performance apparel comprised of “next-to-skin” categories, mostly base layers. Now…
News August 24, 2023Katin Plays the Long Game to Double-Digit Growth
The brand’s leaders talk about their product-driven strategy and if they think Katin will benefit from the coming Boardriders deal.
News August 24, 2023Hot-Selling Goodr Sunglasses Targets Outdoor Market
Draw a Venn diagram of affordability, fashion, and functionality, and goodr sunglasses would sit dead center. The Inglewood, California-based brand has been on a rapid upward trajectory since it was…
News August 23, 2023Urban Outfitters: Apparel Turns Corner, More Work Ahead to Improve Business
The Urban Outfitters banner recorded a 14.1% decline in same-store net retail sales, despite improvements in its men’s and women’s apparel business during the quarter.
Executive Edition August 23, 2023Macy’s Sees More Credit Card Delinquencies, Pressure on Active and Casual
The retailer’s second quarter results indicate worsening conditions for consumer discretionary spending.
Executive Edition August 23, 2023Dick’s Lays Off 250 Workers, Cites Theft for Q2 Profit Drop
On a conference call with investors, Dick’s said sales met expectations and executives also commented on the outdoor segment, including inventory status and an aggressive sales strategy.
Executive Edition August 23, 2023Hi-Tech Surf Sports Owner Kim Ball on Maui Devastation
The devastating fires in Maui have impacted thousands of people, including Kim Ball, the owner of Hi-Tech Surf Sports, who lives in Lahaina. Hi-Tech is an important account with five…
News August 22, 2023Dick’s Lays Off 250 Workers, Cites Theft for Q2 Profit Drop
After a second quarter where profitability fell short, Dick’s Sporting Goods announced a business optimization program that involved laying off 250 employees at the corporate level, as first reported by…
News August 22, 2023