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VF Corp. to Sell JanSport, Eastpak, and Kipling
(This story was updated on 7/21/2023.) VF Corp. announced in February that it is selling its packs business, including the Kipling, Eastpak, and JanSport brands, as it looks to increase…
News February 8, 2023Canada Goose Targets C$3B in Revenue by Fiscal 2028
Canada Goose Holdings on Tuesday offered a five-year growth plan it thinks can take the luxury brand to C$3 billion ($2.2 billion) in revenue. “Looking ahead, we see incredible opportunity…
News February 7, 2023Everything You Need to Know about Columbia Sportswear Co.’s 2022 Financial Results
Columbia Sportwear Co. posted a 14% sales increase in constant currency for the full year ended Dec. 31, despite significant retailer order cancellations due to late fall shipments. The company…
News February 6, 2023Authentic Brands Group Re-emerges as Potential Buyer of Boardriders
Authentic Brands Group is reportedly back in the mix to acquire Boardriders after the exclusivity period for Bluestar Alliance expired without a deal, according to our sources.
News February 6, 2023Columbia Still Bullish on Prana Despite Impairment Charge
See a complete report on Columbia Sportswear Co.’s full year results in related story See related story on Sorel’s financial results and why Columbia thinks it can be a $1…
News February 3, 2023Sorel Grows 11% for Year Despite Late Deliveries and Order Cancellations
See a complete report on Columbia Sportswear Co.’s full year results in related story See related story about why Columbia is still bullish on Prana despite impairment charge Columbia Sportswear…
News February 3, 2023Ugg Finds Upside in Unintentional Scarcity Model with Twists on Classics
Ugg recorded a small decline in quarterly sales, but has some new styles that are resonating strongly. “There’s demand on the table and the consumer is hungry for them,” Deckers…
Executive Edition February 3, 2023“Red Hot” Hoka Continues to Outperform
Sales of Hoka surged in the December quarter as parent Deckers Brands looks to maintain tight control of the running shoe company’s distribution. Hoka, which first hit $1 billion in…
News February 3, 2023The Buckle Shows Gains, Bucking Current Retail Trends
Industry customer The Buckle ended its fiscal year ended Jan. 28 with net sales of $1.3 billion, up 3.9% from the prior year. Same-store sales for the fiscal year rose…
News February 3, 2023