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Updated: Stalking Horse Bid for Eastern Mountain Sports Approved
Updated: This story was updated on Aug. 9 with a statement from GoDigital. The Eastern Mountain Sports (EMS) retail brand may survive bankruptcy after the court on Wednesday approved a…
News August 9, 2024Dickies to Refocus on Workwear in U.S. to Turn Business Around
On an earnings conference call with analysts, the CEO of parent company VF Corp. described where Dickies went wrong and what they are doing to return the brand to growth.
Executive Edition August 8, 2024Wolverine Worldwide Raises 2024 Guidance After Second Quarter Results
Wolverine Worldwide, the parent company of Merrell, Saucony, Sweaty Betty, and Chaco, raised the mid-point of its guidance for 2024 after reporting better-than-expected revenue and earnings for the quarter ending…
News August 8, 2024The North Face, Timberland Revenues Still on the Decline
Revenues at The North Face and Timberland declined again in the first quarter of fiscal year 2025 as parent company VF Corp. cut costs, divested its Supreme brand, and hired…
News August 7, 2024Vans Pulling Back From Value Channel to Help Turnaround Bid
New VF Corp. leadership continues to take action to turn around the Vans brand including reducing its distribution, according to VF CEO Bracken Darrell during an earnings conference call Tuesday…
Executive Edition August 7, 2024Vista Outdoor Expects Higher Offer from MNC and Accounts for Revelyst’s Softer Sales on Q1 Earnings Call
Vista Outdoor said it is expecting to confirm a higher offer from MNC Capital to acquire the company, reiterated its 2025 guidance, and announced a partnership between celebrity chef Guy…
News August 6, 2024Black Diamond President Comments on Outdoor Industry Inventory Status
Black Diamond Equipment President Neil Fiske thinks retailers will need another six months to work through the extra inventory that has plagued the outdoor industry for the past year or…
News August 5, 2024