March 06, 2025 VF Corp.’s Brand Roadmap Plots Return to Growth
The North Face, Vans, and Timberland parent was light on numbers but heavy on ambition at the second part of its FY 2025 Investor Day, providing brand color to supplement the mid-term financial targets laid out in Oct. Still Shooting From the Hip, Administration Walks Back Tariffs
Appropriately for the month of March, the Trump Administration’s tariff plans that started the week like a lion have rapidly showed signs of transforming into more of a lamb. Clarus Loss Grows on Big Impairment
The Black Diamond parent’s Q4 loss was $65,521,000 against a loss of $8,389,000 a year ago on 7% lower revenues of $71,405,000 down from $76,503,000, reclassifying the divested Sierra and Barnes bullet businesses as discontinued operations. Smith & Wesson Profits Narrow on a Mid-Teens Sales Decline
Net income slumped 79% in the fiscal third quarter ended Jan. 31 to $1,663,000 from $7,882,000 on a 16% drop in sales to $115,885,000 from $137,484,000. American Outdoor Brands Ekes Out a Profit
Net income was $169,000 against a loss of $2,910,000 in fiscal Q3 ended Jan. 31 on 10% higher sales of $58,505,000, up from $53,425,000, which exceeded company expectations. SportChek Parent Sets Transformation Plan
Having just disposed of its successful but non-core Helly Hansen brand to Kontoor, Canadian Tire has launched its “True North” growth strategy to refocus on retail operations. Athleta Sales Decline 5% in Q4
Gap Inc.’s women’s athletic brand finished the year with $396 million in Q4 revenue, down 5% from $419 million, and same-store sales declined just 2%. Coats Group Finishes Year Strong
The industrial yarn and footwear component supplier’s bottom line improved 42% to $80.1 million in income from last year’s $56.5 million on 8% higher sales of $1,500.9 million against $1,394.2 million powered by growth in apparel and footwear. Wolverine Reorganizes International Leadership
WWW is bringing oversight of its global commercial operations back to the U.S., the company said in an SEC filing, and the president of its International Group, Isabel Soriano, is leaving effective immediately. Etcetera: Academy, Winchester, Tandem Sport, Under Armour
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