April 17, 2018
Under Dog was originally supposed to take over from Majestic in 2020, but that was moved up a year after Fanatics bought the Majestic business from VF Corp. As of now, the MLB uniforms will appear next season much as they do now with the Majestic logo on the sleeve before switching to Under Dog’s logo on the chest in 2020.
Attorneys representing the state of South Dakota and three online retailers argued before the Supreme Court today over whether sales taxes can be collected from Internet sellers with no presence in the state.
President Trump has won a major battle against China as it announced that it would phase out local laws that require at least 50% ownership by local interests in order to avoid 25% duties by 2022 and the phase out for companies that want to build electric cars will be lifted this year.
Net income before taxes was a record £294.5 million ($421.1 mm) for the 53 weeks ended Feb 3 compared to £238.4 million in the prior 32 weeks as sales rose a hefty 33% to £3,161.4 million ($4,520.6 mm) from £2,378.7 million, according to a preliminary release of its FY results.
A New York state court has agreed to let a neutral attorney decide what materials the NFL must turn over to the insurance companies who are disputing a claim by the league to cover its massive $2 billion concussion settlement with players.
The retailer told the Pittsburgh Post-Gazette it will destroy its inventory of “assault-style” firearms and high-capacity magazines rather than return the items to manufacturers.
The Adidas North America president said that the Three Stripes would sign the controversial free agent quarterback to an endorsement deal, but only if an NFL team offers him a contract.
Antoine Andrews, Nike’s VP of diversity and inclusion, is the latest Eager Beaverton to exit the Emerald City following the departure last month of Nike brand president Trevor Edwards and one of his top lieutenants, Jayme Martin, VP of global categories.
LULU named VF Corp. veteran Patrick (PJ) Guido chief financial officer, allowing former CFO Stuart Haselden to focus on his role as COO.