April 16, 2019
Little Foot and a handful of pilot JD stores had EBITDA of $125.4 million on sales of $1,917.3 million for the 52 weeks ended Feb. 2, which included a 7% comp store gain in the core Finish Line stores excluding the Macy’s shops.
An Oregon State Court judge dismissed a derivative lawsuit filed against Nike’s board of directors, alleging that it must have known about a toxic workplace culture at the company, the Portland Business Journal reported.
China’s largest sports brand Anta Sports reported a low-teens retail sales increase in the first quarter for the Anta brand, and a 65%-70% jump in sales for the other brands it sells on the mainland, including Fila, Descente, KingKow, Kolon and Sprandi.
Nafta Traders, an Irving, TX-based distributor which specializes in exporting footwear and apparel samples, returns, and incomplete size runs, says the Big a is not complying with its contract to sell it those items.
Heye was most recently SVP of strategy at Prestige Consumer Healthcare, and will be tasked with growing the outdoor products company whose brands include After Bite, Ben’s, Natrapel and Adventure Medical Kits.
Rochester, NY-based Valenti Sports was founded by John Valenti in 1993 and services over 400 area teams.