Latest In: Financial News

Sorel OrangeBoot

Sorel 2024 Revenue Expected to Fall Double Digits

Industry footwear brand Sorel, owned by Columbia Sportswear, is experiencing weak sell through this season, which is weighing…

News February 6, 2024
Arapahoe Basins Montezuma Bowl photo by Ian Zinner resized

Alterra to Acquire Popular Arapahoe Basin Ski Area in Colorado

Alterra Mountain Company announced Monday that it has entered into an agreement to purchase Arapahoe Basin in Colorado…

News February 5, 2024
Columbia Facet75 Lifestyle 8 resized

Columbia Brand Aims to Grow by Targeting Younger Consumers

Columbia Sportswear’s Columbia brand posted sales of $885.7 million for the quarter ended Dec. 31, down 8% in…

News February 5, 2024
Hoka shoes resized

Deckers CEO to Retire; Momentum Continues for Ugg, Hoka

Long-time Deckers Brands President and CEO Dave Powers will retire in August, leaving the company with two core…

News February 2, 2024
Columbia boot resized

Columbia Sportswear Announces Layoffs Due to Market Challenges

After posting a sales decrease for the fourth quarter of 2023 and forecasting a revenue decline for 2024,…

News February 2, 2024
CamelBak for Vista Outdoor resized

Vista Outdoor Leaders Comment on Current State of Outdoor Market

The leader of Vista Outdoor’s outdoor products category noted ongoing challenges in the outdoor specialty retail space during…

News February 2, 2024
salomon

Amer Sports Targets Up to $8.7B Valuation in IPO

Amer Sports, parent company of Arc’Teryx, Salomon, and Atomic, among other brands, said on Monday it is targeting…

News January 23, 2024
VF Corp. logo

VF Estimates 35.5M Consumers’ Personal Data Stolen in Cybersecurity Incident 

Vans and The North Face parent VF Corp. said millions of consumers’ personal information was stolen during a…

News January 18, 2024
Dicks MV Hydroflask resized

Osprey Sales Up on Travel Demand, Hydro Flask Sells Well Online

Leading pack brand Osprey and drinkware brand Hydro Flask performed well for parent company Helen of Troy, despite…

News January 17, 2024
On Running Cloudultra resized

Hot Shoe Brand On Running Sets Aggressive Sales Goals

Executives from rising shoe brand On Running gave an update on the company’s goals, including doubling its sales…

News January 12, 2024
Merrell shoes new 1

Merrell, Saucony Parent Company Sells Shoe Brand Sperry

Wolverine Worldwide, parent company of Merrell, Saucony, Chaco, and other brands, announced it has sold boat-shoe brand Sperry…

News January 11, 2024
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series