Salty Crew’s Parent Company Shows Profit Improvement
Details on half-year financial results for Globe International, which owns Salty Crew, Globe, FXD, Impala, and It’s Now Cool, among other brands.
Details on half-year financial results for Globe International, which owns Salty Crew, Globe, FXD, Impala, and It’s Now Cool, among other brands.
S&P Global Ratings, which downgraded VF Corp.’s credit rating, believes that VF will have to execute a sizeable asset sale to reduce its $6 billion debt burden. The company’s four largest brands include Vans, The North Face, Dickies and Timberland.
The longtime CEO of large industry customer Tilly’s is retiring effective Monday. The news comes as Tilly’s and many other teen retailers are facing a tough consumer spending environment.
The industry is heading to Orlando this week for Surf Expo, which kicks off Wednesday with a packed roster of brands, buyers and events.
We asked the EVP for action and outdoor sports, lifestyle at Authentic about the go-forward strategy for the brands, including the role of the specialty channel, any mid-tier distribution planned, and how Authentic and the licensees will approach athlete sponsorship.
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