October 27, 2017
Sales at the luxury skiwear brand expanded 12% to €329.1 million ($386.7 million) from €292.8 million in the third quarter, with growth in all regions.
The minority stake was acquired from WP Lavori, its Italian owners, with the intention of developing a high tech line of outdoor apparel.
GRMN acquired Viareggio, Italy,-based Navionics S.p.A. which produces electronic navigational charts and mobile applications for the marine industry.
Iconix sees a So. NY District Court dismiss a securities class action accusing former management of using improper accounting practices to overstate financial results and increase their performance-based compensation.