June 02, 2017
The highly promotional apparel market sharply cut imports by 49.6% in the first quarter of 2017, a major reason why overall imports fell to $4,038.1 million this year compared to $4,615.1 million.
The outerwear maker had a loss of C$23,312,000 ($17.3 mm) for the final quarter ended Mar. 31 against a loss of C$9,894,000 prior as sales jumped 22% to C$51,096,000 ($37.9 mm) from C$41,921,000.
An open letter from several top outdoor industry executives was recently circulated, warning Emerald Expositions that it had better not stray from its initial decision to co-locate the Outdoor Retailer show and the SIA Show in Denver.
He’ll oversee the Bauer, Maverik and Cascade Brands for the new parent company, which is owned by PE firms Sagard Holdings and Fairfax Financial.