March 06, 2019
With a 36% top line increase last year to $1 billion and a 30% increase forecast for this year, HBI told investors at the UBS conference it is confident that Champion will reach its $2 billion sales target by 2022 excluding the end of the C9 program with Target at the end of this year.
While it is certainly less aggressive on the DTC digital business than other major sneaker brands, SKX told UBS clients that it is in the process of building a new e-commerce platform for the U.S. market for a launch this year that can be replicated overseas.
In a final quarter free from impairment charges, but including a $3.2 million expense for litigation, SQBG’s net loss narrowed to $2,192,000 from a loss of $162,888,000 on a 4% gain in licensing revenues to $48,874,000 from $46,895,000.
The former head of Colorado’s Outdoor Recreation Industry Office will be VF’s VP of government affairs and global impact.
National Park recreational visits declined 24% to start 2018 to 9,645,345 from 12,635,938 in what is a seasonally small month, as the government shutdown for most of the month kept visitors away.