June 08, 2017
Using a term we’re hearing more frequently, Genesco said it expects to have significantly fewer stores in the U.S. five years from now while doubling the size of its digital business in a fireside chat discussion at the Baird conference.
Skechers argues that the decision of a district court in CA to deny Puma a preliminary injunction in a case involving knockoffs should be applied to a case involving it and Adidas which it says has facts that are indistinguishable from the Forever 21 case.
The second list of store closings by the bankrupt chain has been whittled to 216 from an original list of 408 that it said would close.
Retail/rental income increased 29% to $102,104,000 from $79,384,000 for the three months ended Apr. 30; however, retail cost of sales rose an even faster 34% to $34,875,000 from $26,123,000.
Pointer, a 13-year company veteran, served as CFO for the past five years, and has been interim CEO there since former CEO Jeff Phillips resigned in Mar.
UA ICON, introduced on Under Dog’s web site, allows users to customize Curry 1 basketball shoes, Highlight football cleats, or Clutchfit Force golf shoes with more models to be added this fall.
In addition to serving as a brand ambassador, he will advise the company on product development, community and charitable efforts, internal programming and special projects.
All Mark IV pistols manufactured prior to Jun. 1 of this year are affected by the recall, which was issued because the pistols can fire under certain circumstances if the safety mechanism isn’t completely engaged.
Lewis Hornsby, formerly with Vista Outdoor, will be president of the new division, which is being formed as the company builds a new 500,000-sq.-ft. distribution center in MO that is scheduled to open in 2018.