27 Jun Brooks Sports gets set for next 100 years
After years of false starts and going too fast, running-shoe company Brooks has hit its stride, celebrating a century of shoemaking, 21 years in Washington and 13 years of revenue growth....
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26 Jun Sequential Brands Agrees to Acquire Galaxy For $100 Million Plus Stock and Warrants
Galaxy currently has over 15 licensees with significant business at Walmart coupled with complementary distribution to a wide range of mid-tier and specialty retailers. In the transaction, Sequential will acquire four well-known consumer brands that include the fitness brand Avia, basketball brand AND1, outdoor...
26 Jun Economy tanked first three months, but expected to rebound
The nation's gross domestic product -- or the value of all goods and services produced in the U.S. -- decreased at an annual rate of 2.9 percent in the first quarter this year, down sharply from the previously revised estimate of a 1 percent decline,...
25 Jun US Customs Issues Guidance Ahead of Possible West Coast Strike
U.S. Customs and Border Protection (CBP) Cargo Systems Messaging Service has issued guidelines for shippers in the event of a West Coast port strike or work slowdown. ...
25 Jun Consumer Confidence Continues Ascent in June
Consumers' appraisal of current conditions improved in June. Those claiming business conditions are "good" increased to 23.0 percent from 21.1 percent, while those stating business conditions are "bad" decreased to 22.8 percent from 24.6 percent. Consumers' assessment of the job market was also more favorable....
24 Jun Pentland Group’s FY Revenues Climb 10 Percent
Total revenue up 10 percent to £1.9 billion ($3.24 bn); organic growth (excluding contribution from acquisitions during the year) of 8 percent; Revenue from Pentland Brands and other non-retail businesses up 11 percent to £590 million ($1.0 bn), fueled by record revenues from Speedo, Lacoste...
24 Jun Under Armour to Receive CLIO Sports’ Brand Innovation Award
CLIO Sports, the international competition honoring creative excellence in sports, will reward Under Armour with the CLIO Sports Brand Innovation Award. The global apparel, footwear and equipment brand, led by Founder and CEO Kevin Plank, will be lauded for its creative impact on the sports...
24 Jun Foot Locker Continues Bullish Run, Hits 52-Week High – Analyst Blog
Foot Locker, Inc. (FL) continues with its strong run on the index. Foot Locker, which competes with Nike, Inc. (NKE) and Under Armour, Inc. (UA), has already made a great start to the year. ...
20 Jun Internet Tax Moratorium Backed by House Panel
The House Judiciary Committee backed a measure on Wednesday that would permanently extend a moratorium on certain state taxes on the Internet transactions, sidelining attempts by Democrats to allow states who have already implemented such taxes to continue doing so....
19 Jun Skechers Sues Reebok for Infringing on Skechers GO Walk Line
Skechers USA, Inc. announced that it filed a lawsuit against Reebok International Limited for selling footwear that infringes on the popular Skechers GO Walk product line....
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