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  Oct 21, 2014
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Today's Top Story:

VF Corp's Outdoor Brands Help Drive Q3 Growth

VF Corp. said Timberland, Vans, The North Face, Kipling and Wrangler drove a 7 percent increase in revenues and an 11 percent increase in earnings per share in the third quarter ended Sept. 27, 2014. In the Americas, revenue were up low double-digits at The North Face, high single-digits at Vans and 15 percent at Timberland. VFC also upped its earnings guidance for the year and says it expects Timberland's full year sales to grow 13 percent, up from 12 percent... Click for Full Story >>>

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Crocs, Inc. announced several key management changes. These changes include the appointment of Bob Munroe to general manager of Crocs Americas region; Greg Sullivan to the new role of senior vice president of global business transformation; Scott Yuan to general manager of Greater China; and Michelle Poole to senior vice president of global product creation and merchandising...(10/21/2014)

 

Implus has acquired TriggerPoint Performance, Inc., a sports performance, self-care brand concentrating on innovation, education and products that optimize muscular performance and personal empowerment. The acquisition comes as Implus continues to expand its current product offerings in the company’s Fitness and Specialty Divisions...(10/21/2014)

 

Stand-up paddling remained the hottest category at PaddleExpo 2014, which drew more exhibitors, brands and buyers from more countries to Nuremberg Exhibition Hall in Germany last month, according to Horst Fürsattel...(10/21/2014)

 

The new headquarters building for Pearl Izumi was recently honored by the Colorado and Denver chapters of The American Institute of Architects (AIA). The new headquarters, located in Louisville, received the top honor from AIA Colorado: the Honor Award for Built Architecture, as well as the Merit Award for Built Architecture from AIA Denver...(10/21/2014)

 

GoLite, which filed for Chapter 11 bankruptcy last week, filed an emergency motion for debtor in possession financing Monday it said was critical to selling the company as a going concern. GoLite has closed 14 of its 20 stores opened after converting to a direct-to-consumer model in 2012. It is seeking to reject leases for 13 of those closed stores in bankruptcy court as well as sell the company to raise funds for creditors...(10/20/2014)

 

Reebok is being targeted for acquisition, The Wall Street Journal reported Monday. An investment group that includes a Chinese private equity firm and affiliates of Abu Dhabi's sovereign wealth fund is on the verge of making an unsolicited $2.2 billion offer to acquire the brand from Adidas AG, according to anonymous sources cited by the newspaper. The Group plans to invest in Reebok to accelerate store openings and marketing and would...(10/20/2014)

 

Fletcher Sport Brands, the parent of the Sunice golf brand, appointed Conrad Tappert as president of FSB effective Oct. 20. Tappert succeeds Mark Fletcher, who decided to leave the company to pursue other opportunities. Tappert will be based in Montreal, Canada... (10/20/2014)

 

Gibbon, the biggest slackline brand worldwide, has opened the offices of its new U.S. subsidiary Gibbon USA Inc. in Miami, FL. Gibbon USA Inc. has contracted a third-party logistics providers to handle distribution partner from a warehouse in Los Angeles...(10/20/2014)

 

Outdoor Industry Association Made in America Working Group is pleased to announce that Janelle Nelson, Vice President, Portfolio Analyst at RBC Wealth Management will join its monthly conference call on Tuesday, Oct. 21 to provide perspective on the current state of the U.S. manufacturing renaissance...(10/20/2014)

 

Colorado’s 2014/15 ski season got underway Oct. 17 at Arapahoe Basin Ski Area when the Black Mountain Express high-speed quad chairlift began delivering eager snow riders to the top of the intermediate High Noon run for their first turns of the year...(10/20/2014)

 

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