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Maui Nix Owner on the State of Middle Class Shoppers, the Brand Landscape, and More
Executive Edition
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Merrell Down 16% on Inventory Overhang, Wholesale Challenges
Wolverine Worldwide, the parent company of footwear brands Saucony and Merrell, has appointed new leadership to correct course on a double-digit revenue decline for the second quarter of 2023. The…
News August 10, 2023
Wolverine Worldwide Appoints Christopher Hufnagel as CEO
Wolverine World Wide announced that its board of directors has appointed Christopher Hufnagel to chief executive officer and as a member of the board of directors, effective immediately. Hufnagel succeeds…
News August 10, 2023
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, 2023
Yeti 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, 2023
TravisMathew 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, 2023
Under 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, 2023
Outdoor 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, 2023
Black 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, 2023
