September 07, 2018 Journeys Drives Solid Gains At Genesco
Net loss was just $15,000 against a loss of $3,875,000 last year in the second quarter ended Aug. 4 on 6% higher revenues of $653,892,000 up from $616,506,000, boosted by strong gains at Journeys that more than offset struggles elsewhere. Nike Hit with Shareholder Suit over Hostile Work Environment
Nike co-founder Phil Knight, CEO Mark Parker, former Nike brand chief Trevor Edwards and its board of directors were sued for $20 million by a shareholder group, alleging that they created a hostile work environment that has impaired the company’s financial position. Lululemon Patent Ruling Upheld on Appeal
LULU got an affirmative decision in an appeal of a DE circuit court judgment that its sports bra did not infringe on patents held by licensor Blackbird Tech. Etcetera: Vista Outdoor, Croakies
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