Daily News Feed 09/17/2025 VF Corp. Touts Brand Plans after Dickies Windfall
The Vans and North Face parent jumped at a favorable offer for Dickies from Bluestar Alliance, CEO Bracken Darrell and CFO Paul Vogel revealed at the Wells Fargo Consumer Conference, with proceeds going to pay down debt and free up spending on marketing initiatives for its core brands. Manchester United Retail, Commercial Sales Improve in Final Quarter
ManU’s commercial revenue improved 24% to £88.2 million ($117.6 mm) in the final fiscal quarter ended June 30, as retail, merchandising, apparel & product licensing grew 26% to £37.0 million ($49.3 mm), driven by its new e-commerce model in partnership with SCAYLE, combined with the launch of its new home kit for the 2025/26 season. AlixPartners Forecasts Tepid Holiday Sales Growth
The global consulting firm’s 2025 U.S. Retail Holiday Outlook projects 3% to 5% growth in holiday retail dollar sales this year, essentially flat at the low end, accounting for ~3% inflation. Report: Suitors Emerge for Artemis’ Puma Stake
The owner of more than 29% of The Big Cat’s equity has been in talks with Authentic Brands and private equity firm CVC, Manager Magazin first reported, contradicting other reports that the Pinault family isn’t interested in selling at the currently depressed market value. Fortified Equity Acquires AVID
Fortified Equity has inked an agreement to acquire Avid, the lifestyle apparel, fishing, hunting, and outdoor adventure brand, for undisclosed terms. Xcel Closes New Financing Facility
The surfing wetsuits and apparel company has received a $3.5 million financing facility from Rosenthal Capital Group, enabling Xcel to fund new shipments in transit and increase production with its main overseas suppliers. Sensormatic Forecasts Busiest Holiday Shopping Days
With Christmas falling on a Thursday this year, Super Saturday (Dec. 20) is expected to be the second busiest brick-and-mortar shopping day of the season in the U.S., Sensormatic Solutions predicted, behind Black Friday in the top spot as usual.
09/16/2025 Holiday Sales Growth will Moderate despite AI Boost, Salesforce Finds
Salesforce joined other firms in predicting a slowdown in the Holiday 2025 growth rate, forecasting a 2.1% U.S. e-commerce gain for Nov. and Dec. to $288 billion, coming in below the 4% growth posted in '24. Sporting Goods Sales Accelerate for Back-to-School
Sporting goods/hobby/book and music store adjusted sales jumped 4.7% last month to $8,144 million from $7,780 million and were up 0.8% sequentially, according to Commerce Dept. data. Super Retail Group Terminates CEO
The Rebel Sport parent’s board dismissed Group MD and CEO Anthony Heraghty effective immediately, upon receiving additional information about his affair with SRG’s chief human resources officer, Jane Kelly. Tecnica Group Restructures Alpine Division
Tecnica Group has appointed Luka Grilc as general manager of its Alpine business unit, consolidating oversight of its three ski brands Blizzard, Nordica, and Tecnica. Mizuno Running Expands Field Team
Mizuno Running is expanding its field team with five new brand specialists and territory managers to boost its support for the category. VF Corp. Faces Shareholder Suit
VFC was hit with a proposed shareholder class action suit filed in CO district court—also naming president and CEO Darrell Bracken, former CFO Matthew Puckett, and current EVP and CFO Paul Vogel. Compass Diversified Sued over Lugano Irregularities
The complaint was filed in CT district court by John Kamp on behalf of shareholders, accusing CODI and several former and current executives of failing to oversee the finances of its Lugano subsidiary, which was acquired for $265 million in 2021. Etcetera: Caleres, Gap, Norrona
09/15/2025 VF Corp. Sheds Dickies in Latest Divestiture
VFC has inked a definitive agreement to sell the workwear brand to Bluestar Alliance for $600 million in cash, the latest significant move in ongoing portfolio streamlining as part of its Reinvent turnaround strategy. Gildan’s Hanesbrands Acquisition Draws Praise from Fitch
The ratings agency assigned GIL a long-term issuer default rating of BBB with a stable outlook, touting the increased product portfolio diversification and scale that the addition of HBI will bring. HFA Reorganizes Executive Team
The Health & Fitness Association is expanding its leadership with three new hires and one promotion as it aims to focus on advocacy, research, and education. Under Armor Wins Dismissal of Outlet Pricing Suit
An E. NY district court judge has dismissed with prejudice a proposed class action filed by Linda Rappaport, which accused Under Dog of deceptively advertising prices on merchandise for sale in its outlet stores and e-commerce outlet. Etcetera: Vuori, Sports Direct, Canyon Bicycles, Smith & Wesson, Mammut, Finisterre
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