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The North Face’s Caroline Brown on Reaching Casual Consumers, Innovation, and Tariffs
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Yeti Raises Outlook While Managing Recall Issue in Q2
Yeti Holdings, retailer and manufacturer of outdoor products, reported earnings and revenue fell in the second quarter as the company continues to work through the voluntary recall of three products.…
News August 10, 2023Industry Moves to Support Maui Workers, Assess Damages from Fires
Many brands and retailers reached Wednesday were shocked by the fire’s destruction as those on the mainland figured out how to support their local teams.
News August 10, 2023Yeti Raises Outlook While Managing Recall Issue in Q2
CEO Matt Reintjes also noted on an earnings call Thursday that the raised guidance is mainly on the impact of continued lower inbound freight costs.
News August 10, 2023TravisMathew Parent Offers Update on “Unusual IT Activity,” Second Quarter Results
The IT update also came with a review of the company’s second-quarter results in which TravisMathew continued to see “strong growth.”
Executive Edition August 9, 2023Under Armour Expects North America Wholesale Pressures to Subside
Apparel, the company’s largest category, took a hit in the quarter on account of wholesale pressures and softer sales in the training segment.
Executive Edition August 9, 2023Outdoor Specialty Retailers Report Steady Summer Sales
The summer season has felt shortened in the Western U.S. as ski resorts stayed open late, while heavy spring rains in the East delayed people getting out and about. That…
News August 9, 2023Black Diamond Sales Down 24% On ‘Tough’ Inventory Environment
Black Diamond Equipment reported an increase in direct-to-consumer e-commerce sales for the second quarter ended June 30. However, macroeconomic factors weighed on the brand and sales fell 24% from the…
News August 8, 2023Seager Puts the Grit in Surf as Sales Trajectory Continues
How a brand based on the Old West and surf built a growing fan base, with a store opening, more collaborations, and another expected doubling of sales planned for this…
Executive Edition August 8, 2023Surf Expo Summer Edition Heats Up with New Brands, Floor Category
About a third of the September show floor will include new exhibitors, with some 5,000 buyers expected to be in attendance.
News August 7, 2023