April 30, 2018
A Sunday news piece in the New York Times, which deployed three investigative reporters and three more contributors on the story, details a culture at Nike that ranged from verbal and physical abuse by men against women and also indicts the company for consistently denying women opportunities for advancement that were equal to men.
With already about €1.1 billion in soft goods sales, Amer has added the Danish brand to its portfolio with some €145 million in sales, €16.5 million in EBIT at a cost of €255 million that will be paid to IC Group in cash.
China is saying that it won’t agree to two key demands by the U.S. in talks this week aimed at averting a trade war between the world’s two largest economies.
The outdoor brand’s Tin Shed Ventures strategic investment arm joined a $12.4 million funding round for NuMat Technologies, which develops and commercializes metal-organic frameworks.
Quest Software says the Eager Beavertons used pirated keys to bypass the company’s license key system and install multiple copies of its software “far in excess” of the scope of their license agreement, which began in 2001.
The footwear maker expects that net income for the first quarter ended Mar. 31 will come in 20% to 25% lower than last year, partially due to lower gross margins on manufacturing revenue that was down 6.7%.
PERY plans to use funds repatriated under the Tax Act to redeem the remaining $50 million of its 7.875% senior subordinated notes due in 2019 for a total cost of approximately $50.6 million.