April 18, 2017 Sports Direct Takes Position in Finish Line
The wily U.K. retailer, which is already set to enter the U.S. market with its recent closing on Eastern Mountain Sports and Bob’s Stores, has acquired a 7.87% interest in Finish Line. Netshoes Valued at $558 Million
The online retailer’s IPO closed with 8,250,000 shares sold at $18.00, implying a valuation of just over 1x last year’s revenues of $533.7 million.
Manufacturing sales were $285.7 million in the first quarter ended Mar. 31, up from $267.6 million last year, on a 9% increase in pairs to 11.5 million but a 2% decline in ASP to $24.80. Deckers Sues Two Over Boot Designs
The Ugg parent says that DB Shoe Company is copying its outsole tread and that Elegant Footwear is knocking off its button decorations. Yeti Sues Home Depot Over Knockoffs
The cooler maker is suing Home Depot and Takeya USA for selling drinkware that looks like Yeti’s Rambler Tumbler. |