July 20, 2018 Global Sneaker Market Jumps on Strong China Growth
The global sneaker market rose a strong 9.4% in 2017 to $63,223 million from $57,783 million with the U.S. market showing a 4.1% gain to $23,269 million from $22,355 million and the international market leaping 12.8% to $39,954 million from $35,428 million. VF Corp. Surges on Vans Boom and Digital
Net income leapt 46% to $160,358,000 from $109,889,000 in VF’s new fiscal first quarter ended Jun. 30 on 23% higher revenues of $2,788,146,000 vs. $2,268,620,000, boosted by strong gains in DTC, international and the skyrocketing Vans brand. CamelBak’s New President is Greg Williamson
Parent Vista Outdoors tapped Williamson, a marketing veteran whose experience includes stints as CMO of Arctic Cat and president of Stanley Black & Decker and Pfister Faucets, to lead the hydration brand.
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