|
Latest News 01/12/2026 On Running is Keeping the Pedal Down
The Swiss sportswear brand sees plenty of whitespace for growth while maintaining extremely selective wholesale distribution, management told analysts in a roundtable discussion at the ICR conference. Journeys’ Holiday Comps Jump Double Digits
Genesco’s blended comps were up 9% for the Holiday period, according to a preliminary sales update released ahead of the company’s appearance at the 2026 ICR Conference, as stores comped up 10% for Q4 through Dec. 27 and e-commerce comped up 9%. Rocky Brands Aims to Grow Profitability
The path back to pre-tariff gross margin levels will come from leveraging owned manufacturing facilities, RCKY said at the ICR conference, which ramped over 2025 to exceed historical levels of 25% to 30% of units produced at its China and nearshore facilities. Lululemon Touts Holiday Success
LULU said that a strong performance over the Holiday season will result in both revenue and net income coming in toward the high end of its previous guidance. Birkenstock Takes Big Hit from Weak Dollar
Ahead of analyst meetings at the ICR conference, BIRK revealed that revenues were €402 million ($470 mm) in the fiscal first quarter ended Dec. 31, up 11% on a reported basis and 18% constant-currency. Zumiez Raises Q4 Profit Guidance
ZUMZ now expects Q4 sales to come in between $287 and $290 million, down from $291 million to $296 million earlier guidance, but with net income between $1.05 and $1.10 per share instead of $0.97 to $1.07. Rebel Improves, SRG’s Outdoor Banners are Mixed
Rebel Sport’s same-store sales grew 4% for the first half ending Dec. 27, while SRG’s outdoor banners BCF and Macpac were mixed, comping down 2% and up 8%, respectively. Yue Yuen Manufacturing, Retail Slip in Dec.
Yue Yuen’s footwear manufacturing revenue declined 6% in Dec. to an implied $451,264,000 from $477,956,000 last year, while total revenues at the Chinese footwear maker and retailer ticked down 6% to $644,490,000 for the month and inched down 2% for the year to $8,031,356,000.
The headwear distributor’s long-time owner and operator, Phil Page, is stepping down after more than four decades and has sold Cap America to his sons Jon Page and Cory Cissell. Big Max USA Taps Wilson Vet as CEO
The Vienna, Austria-based push cart and golf bag manufacturer has appointed 27-year Wilson Golf veteran Doug Wright to lead its U.S. subsidiary. Azimuth Technology Names New CEO
Chumash Capital Investments-backed Azimuth Technology elevated its current COO, Thomas Thacker, to CEO, succeeding co-founder Len Zaiser IV, who has decided to depart to pursue a new business venture.
|
