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November 05, 2024


Vulcabras Profits Improve as Athletic Drives Growth

Net income jumped 35% to BRL 172,172,000 ($31.0 mm) over BRL 127,597,000 for the third quarter on net sales that were up 7% to BRL 784,589,000 ($141.2 mm) from BRL 731,352,000, with the core athletic footwear category growing 6% to BRL 673.0 million.

Revolution Race Profits Slip in Q3

The Swedish outdoor apparel brand’s net income declined 13% to SEK 46 million ($4.4 mm) in its seasonally smallest quarter from SEK 53 million on 2% revenue growth to SEK 350 million ($33.6 mm) from SEK 342 million.

Bogs Weakness Continues at Weyco

Sales of WEYS’ Bogs boot brand dropped 18% in the third quarter on declines in both wholesale and DTC e-commerce, blamed on unseasonably dry and warm weather across the U.S.

Report: ABG Pulling European Reebok License

Authentic Brands Group is terminating its licensing deal with New Guards Group for Ex-Numero Uno in Europe, WWD first reported, citing documentation on the matter that it viewed.

MAAREE Wins SFIA 2024 Start-Up Challenge

The women’s sportswear maker was founded by Mari Thomas-Welland, and developed Overband, a technology for sports bras that aims to significantly reduce upward motion during activity.

Hanesbrands Closing Champion Distribution Center

HBI will permanently lay off 75 employees and close its High Point distribution center around Jan. 31, according to a report filed with the NC Department of Commerce, following its sale of Champion to Authentic Brands Group in Sep.

NICS Checks Slip on Election’s Eve

In what has been a very boring presidential election for the firearms market, NSSF-adjusted NICS FBI background checks dipped 5% in Oct. to 1,302,857 from 1,370,719.

Skechers Sues Former Employee Over Secrets

Skechers filed suit in CA district court against Jill Penn, its former national sales manager for On-the-Go shoes, claiming she breached her contract and misused confidential company information.

Etcetera: Rec-Com

 
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