October 22, 2018 Shareholder Suit Claims Camping World Misled Investors
Camping World is sued by David Ronge in Chicago federal court claiming that Camping World’s statements to investors about its internal financial controls and the rollout of the Gander Mountain acquisition from bankruptcy misled investors in its early months as a public company and allowed CWH insiders to cash in on more than $530 million in stock sales at prices as high as $45.92. Vans, Adidas Still Rising in Teen Survey
Nike remains easily at the top of the heap, but its dominance is slowly eroding as the top teen brand and top teen athletic brand as Vans, Adidas and the 90s retro trend all take a nibble out of the Eager Beavertons, according to the Fall, 2018 Piper Jaffray Taking Stock with Teens survey of 8,600. Hanesbrands Also Hit Hard by Sears Bankruptcy
An expanded list of trade creditors filed Oct. 22 finds Hanesbrands at 13th on the list owed $8,380,097 and its Knights Apparel subsidiary ranked 40th with exposure of $2,623,712, bringing HBI’s total exposure to at least $11,253,809. Ray-Ban, Oakley Drive Luxottica Online Sales
Retail sales gained 5% in North America to €1,081 million ($1,257 mm) from €1,030 million in the third quarter on strong omni-channel sales from Ray-Ban and Oakley and the strengthening dollar. Li Ning Q3 Sales Jump Mid-Teens
Same store sales for the Chinese sneaker and apparel brand increased low teens in the third quarter, including a low-thirties percent increase in e-commerce sales. Nike Signs First E-Sports Player
The Eager Beavertons inked an endorsement deal with Chinese League of Legends player Jian “Uzi” Zi-hao. Etcetera: Moncler, Outdoor Voices, Mammut, Asics, Adidas
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