December 05, 2017
Chief technology officer Paul Fipps will take over control of all digital product, engineering and media as Mike and Albert Lee, the founders of MyFitnessPal, give notice that they will leave the company after three years in Jan.
Net income jumped 16% to $81,625,000 from $70,564,000 in the third quarter ended Oct. 31 on revenues that were also up 16% to $1,024,993,000 from $883,476,000 boosted by $88.0 million in DKNY and Donna Karan sales.
Despite the fact that only a few days of the month were prior to the election and a record application day on Black Friday this year, adjusted NICS checks for Nov. were down 12.3% to 1,457,103 from 1,662,338, according to the NSSF.
Jim Estepa will step down as CEO of The Journeys Group and SVP of Genesco effective Feb. 1, 2018, but will remain to assist with the transition until Jun. 30.
BC has retained Lazard`s middle market advisory group to shop the brand, one of 15 that comprise the Brunswick Boat Group, and hopes to have a transaction close in the first half of 2018.
The Swiss high-end performance apparel brand’s new “Future Factory” will be fully vertical, incorporating knitting, sewing, washing, dyeing and packaging at one facility.