Crocs, Inc. reported earnings in the fourth quarter that topped Wall Street’s targets as sales expanded 21.8 percent to cap off a strong year. Crocs officials, however, warned that sales in the first quarter would be hurt by $20 million to $30 million due to...
Acushnet Holdings Corp., the parent of Titleist, reported net income rose 57.0 percent in the fourth quarter on a 7.3 percent sales gain. Net earnings rose 21.2 percent in the year on a 2.9 percent sales increase....
VF Corp. announced the closing of its €500 million green bond offering, representing the first green bond issued in the apparel and footwear industry. The amount equivalent to the net proceeds from the offering will be used to advance programs within the company’s Made for...
Wolverine World Wide Inc. reported sales rose 4.8 percent in the fourth quarter, boosted by mid-teens revenue growth from Merrell and Sperry and saw earnings top Wall Street’s guidance. For the current year, however, the company provided a soft outlook, citing the negative impact of...
The 2020 Tokyo Olympics are more likely to be canceled than moved or rescheduled if by late May the coronavirus outbreak is deemed too dangerous to go ahead with the original schedule, according to International Olympic Committee member Dick Pound....
Timberland is offering to plant a tree every time an online customer chooses to have their orders delivered in four to eight days versus the standard three days, according to a report from Reuters....
VF Corp. has been recognized by Ethisphere, a leader in defining and advancing the ethical standards of best business practices, as one of the 2020 World’s Most Ethical Companies for the fourth consecutive year....
Brooks Sports saw sales climb 3.5 percent in 2019 despite the opening of a new distribution center that presented logistical challenges, according to the annual report of the running brand’s parent, Berkshire Hathaway....
Lauren Gallo, formerly global head of content marketing at Snap Inc., the parent of the Snapchat messaging app, has rejoined Nike as senior director, brand creative....
Wolverine World Wide Inc. announced that U.S. District Judge Janet T. Neff has approved a Consent Decree reached earlier this month among the company, the State of Michigan, Plainfield Charter Township, and Algoma Township....