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Merrell Sales Jump 27% In Q4
Wolverine World Wide revenue totaled $665 million in the fourth quarter of 2022, up 8.4% in constant currency compared to Q4 of 2021. In the company’s newly organized Active Group,…
News February 22, 2023How Duvin Became a Favorite of Celebs, Athletes, and Musicians
An Orlando Magic collaboration just sold out in a day. A footwear project with Puma and women's line are planned for summer. Sunglasses just launched. Co-founder Austin Duvall talks with…
News February 22, 2023Breaking: Dick’s Sporting Goods to Acquire Moosejaw From Walmart
Editor’s note: Dick’s Sporting Goods commented on Moosejaw and Public Lands in an earnings call on May 23. Dick’s Sporting Goods announced today it has agreed to acquire outdoor retailer…
News February 22, 2023REI Releases Updated Product Standards for Brand Partners
(This story was updated on 7/6/2023.) REI Co-op released its third iteration of standards geared toward sustainability, social equity, and environmental impact for the brands that sell products in its…
News February 21, 2023Moody’s Cuts VF Corp. Unsecured Debt Rating
Moody’s last week downgraded VF Corp.’s unsecured debt rating on expectations that headwinds with Vans and the broader economy will keep the company’s leverage ratio high. VF ended 2022 with…
News February 21, 2023Outdoor Research Promotes Three Executives to Senior Positions
Seattle-based Outdoor Research, a manufacturer of outdoor apparel and gear, promoted three department heads to leadership positions. After strong growth in 2022, the promotions “help create the structure to continue…
News February 21, 2023What’s Selling at Ron Jon Surf Shop
We walk the floor with Ron Jon President Michele Goodwin and GMM Karen Klimkiewicz to talk about what brands they are excited about and expanding, 2022 results, and the forecast…
News February 21, 2023Moody’s Cuts VF Corp.’s Unsecured Debt Rating
Challenges facing the Vans business and inventory right-sizing at Dickies, among other factors, are contributing to a high debt to EBTIDA ratio, prompting the ratings agency revision.
News February 21, 2023Innovation Award Winner GOES Puts a Wilderness Doctor In The Palm of Your Hand
Last year a woman in her late 20s was on mile 700 while hiking the Pacific Crest Trail when she developed a mysterious pain in her abdomen. She hiked to…
News February 17, 2023