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Jack Wolfskin Exits U.S. Market After Major Push in Region; Parent Company Announces Strategic Review of TopGolf
TopGolf Callaway Brands is undertaking a strategic review and could potentially spin off TopGolf, its golf entertainment chain, and has rightsized its Jack Wolfskin brand to focus on Europe and…
Executive Edition August 12, 2024Vista Outdoor Execs Granted $500,000 Retention Bonuses to Complete Strategic Review
Four executives at Vista Outdoor were granted $500,000 retention bonuses on Aug. 7 to complete the company’s strategic review of its options when it comes to separating its ammunition arm,…
News August 12, 2024Updated: 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, 2024