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Deckers Brands Crowns New CEO Amid New Challenges
Deckers Brands reported adjusted earnings for its fourth quarter ended March 31 that topped Wall Street's consensus estimate as double-digit gains for Ugg, Teva and Hoka One One and expense controls helped offset margin pressures caused by winter inventory gluts in the marketplace...(5/27/2016)
GoLite Founder, SlingFin Among First to Use New Crowdfunding Law
GoLite founder Demetri Coupounas has surpassed his $50,000 first round fundraising goal for his new company My Trail Company on WeFunder 10 days after it and other crowdfunding sites were authorized to begin soliciting mom-and-pop investors...(5/26/2016)
Mammut Starts Search for CEO Rolf Schmid's Successor
Mammut Sports Group CEO Rolf G. Schmid will resign after 16 years of leading the Swiss outdoor brand as soon as parent company Conzzeta AG hire his successor...(5/25/2016)
Dick’s Sporting Goods Sees Sports Authority Hangover
It’s only May, but Dick’s Sporting Goods Inc. is already looking forward to 2017. While reporting first-quarter earnings that were down but ahead of internal guidance, the U.S.’s largest sporting goods chain lowered its outlook for the year due to expectations of significant liquidation activity...(5/19/2016)
New Overtime Rules Will Restructure Pay For Many Industry Employees
In the active-lifestyle industry, where many work countless extra hours for the passion of the job and/or cause, new federal overtime rules are likely to have a big effect...
Sports Chalet, EMS Merchandise Commands Higher Liquidation Bids
Liquidators are valuing merchandise at 47 Sport Chalet and eight Eastern Mountain Sports (EMS) stores being closed by bankrupt Vestis Retail Group LLC much more richly than merchandise they are liquidating at 436 Sports Authority stores, bankruptcy court records show.(5/19/2016)
TJX CEO Wants to Tone Down Promotions at Sierra Trading Post
TJX Companies Inc., which continues to outperform its full-price rivals, wants Sierra Trading Post to become less promotional, President and CEO Ernie Herrman said May 17...(5/18/2016)
Lenzing Sales Rise on Firm Prices for its Wood-based Fibers
Lenzing, a leading supplier of wood-based fibers used in athletic and outdoor apparel, expects profits to improve substantially this year despite low prices for competing cotton and petroleum-based synthetic fibers.(5/18/2016)