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VFC CEO Says Timberland Opportunity is Staggering
Timberland will produce record results this year and grow sales more than 80 percent by the end of 2019, by focusing on "the outdoor lifestyler," a consumer who looks for style, performance and green in that order, VF Corp. executives said in their first deep dive with investors on the brand, which they acquired in 2011. VFC estimates annual spending by outdoor lifestylers reached $36 billion in just eight of the more than 80 countries where Timberland sells...(9/20/2014)
New Report Scores Apparel Brands' Efforts to Clean up Chinese Supply Chains
Athletic brands outscored outdoor brands in a groundbreaking report two non-profits prepared to evaluate - and help consumers evaluate - what apparel brands are doing to improve environmental practices in their Chinese supply chains...(9/20/2014)
Lafuma Group Back in the Black Six Months After Calida Group Investment
Calida Group of Switzerland said it has restored Lafuma Group to profitability just six months after acquiring control of the French outdoor company...(9/20/2014)
Canaima Adds Yogaslacker eLine in Bid to Grow Slacklining Sans Gibbon
True to its pledge to grow participation in slacklining, Canaima Outdoors said last week that it had begun distributing Yogaslackers eLine kits...(9/19/2014)
Bass Pro Shops Hires M&A Firm
Bass Pro Shops has hired a firm specializing in mergers and acquisitions to study ways to raise capital, according to a report in the Wall Street Journal...(9/19/2014)
Interbike: 75 Percent of IDBs who Skipped Show Cited Lack of Money, Sales Shortfall
Emerald Exposition reported last week that 75 percent of the bike dealers contacted in the months leading up to Interbike said they would not attend this year's show either because they could not afford the trip or had to remain at their shops to make up for sales lost over the last 18 months...(9/19/2014)
VF Corp. Hires Nike's Cherian to Drive Apparel and Footwear Innovation Centers
VF Corporation has hired the architect of Nike's sustainability and innovation strategy to run its Global Performance Apparel and Footwear Innovation Centers now being developed on the campuses of The North Face and Timberland.(9/13/2014)
Hyperlite Mountain Gear Secures Financing to Bring Ultralight to the Masses, Jobs to Maine
Hyperlite Mountain Gear achieved an important milestone last week in its quest to bring ultralight gear to the masses and manufacturing jobs to Maine...