March 30, 2017
Noting that retail disruption had caused it to miss its last five-year plan and it expected that disruption to, if anything, accelerate going forward, VF told investors that it would achieve these new targets with continued growth at Vans and a re-acceleration of growth at The North Face and Timberland.
The emergence of Synovus Financial Corp, a regional bank based in Georgia, as a buyer for Cabela’s credit card business could remove a remaining impediment to the long-delayed merger.
TRX brand owner Fitness Anywhere won a $6.8 million judgment for willful patent and trademark infringement against WOSS Enterprises, who it sued for selling knock-off versions of its suspension trainer on Amazon.
Comprehensive net income at the Chinese retailer more than doubled to $34,572,000 from $14,673,000 on revenues that gained 6% to $2,443,730,000 from $2,300,174,000 despite the slowing economy in China.