United States
Tapestry: first quarter snapshot
The New-York based group reported fiscal first-quarter net income of 20 million US dollars. Different performances across the brands within the Tapestry portfolio
Deckers is raising outlook for the year
The group, owning the UGG and HOKA ONE ONE brands, amongst others, registered 8% growth in net sales for the quarter and is updating the outlook for the full year
VF with 5% revenue increase
The Colorado-based company reported financial results for its second quarter ended on the 28th September 2019
Nike is selling Hurley to Bluestar Alliance
The Oregon-based sportswear giant has reached a definitive agreement to sell the Hurley brand to Bluestar Alliance LLC. Transaction is expected to be complete in December
Genesco appoints new Vice President and Chief Accounting Officer
The US-based group announced the appointment of Brent Baxter as the company's new Vice President and Chief Accounting Officer, succeeding Paul Williams, who is retiring
Crocs raises full year outlook
US-based Crocs posted a 19.8% revenue growth in the third quarter. The company now expects 2019 revenues to grow 11% to 12% and reach record levels
Record-breaking amount raised by Skechers
During its 11th edition of the Annual Skechers Pier to Pier Friendship Walk more than 2 million US dollars in were raised for children with special needs and students
Luxury giant LVMH eyed at Tiffany
French-based luxury goods giant LVMH is aiming to buy Tiffany & Co., the iconic New York jeweller
Steve Madden raises full year guidance
The designer and marketer of fashion products announced financial results for the third quarter and adjusted its full year guidance
ABG to acquire Barneys New York
With the aquisition of the legendary luxury retail brand ABG will enhance its luxury footprint and consolidate its position in the contemporary fashion segment
Kevin Plank steps aside as Under Armour CEO
Patrik Frisk to become Chief Executive Officer of Under Armour on the 1st of January 2020. Founder Kevin Plank to become Executive Chairman and Brand Chief
Eric Liedtke to leave adidas by the end of 2019
After 25 years at adidas the Executive Board Member of adidas AG has informed the Supervisory Board that he will not be available for the entire next strategic cycle starting in 2021
Arezzo sets a deal to distribute Vans in Brazil
VF entered in a deal with Arezzo & Co. to handle Vans' suppliers, logistics, distribution, franchising, e-commerce and store expansion in Brazil
JackRabbit to acquire Olympia Sports Stores
A portfolio company of CriticalPoint Capital, JackRabbit, announced the cquisition of Olympia Sports Stores. This deal represents the Fourth Investment by JackRabbit over previous 2 years
Skechers wins in Converse lawsuit
The judge of the case found no violation of the Chuck Taylor trademark by any of the Skechers styles in case and Skechers issued a release on the matter-
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