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S&P: VF Will Need to Sell “Sizeable” Brands to Ease Debt Burden
S&P Global Ratings, which downgraded VF Corp.'s credit rating, believes that VF will have to execute a sizeable asset sale to reduce its $6 billion debt burden. The company's four…
News February 22, 2024Shaun Neff Joins X Games Ownership Group
X Games plans to grow its event and content footprint to include more, and more inclusive, event qualifiers, as well as new pop-up events that will bring together sports, music…
News February 22, 2024Merrell, Saucony Aim to Ramp Up Style, Lifestyle Component
Wolverine Worldwide, parent company of Merrell, Saucony, Chaco, and other brands, is still trying to execute a turnaround as the company struggles with inventory challenges and other macroeconomic factors. Wolverine…
News February 21, 2024Oboz Sales Down On Tough Prior-Year Comp, Market Conditions
Oboz parent KMD Brands announced Oboz’ sales dropped in the first half of the fiscal year on weak consumer spending and wholesale challenges as retailers reduced inventory levels. In its…
News February 20, 2024How Swedish Sportswear Brand Houdini Puts Sustainability at the Forefront
The term “sustainability” gets bandied about in the outdoor industry, with many companies trying to make it a part of their brand story. Swedish sportswear company Houdini is one example…
News February 20, 2024Core Careers: Oakley’s VP of Global Product Strategy Mary Mohamadi
The long-time action sports strategist is on her second leg at Oakley in a position that has her heading up the more than $1 billion Oakley Optics business.
News February 20, 2024Rip Curl Sales Down On Tough Prior-Year Comp, Market Conditions
Details about Rip Curl's and parent company KMD's financial performance in the first half of fiscal year 2024.
News February 20, 2024