May 21, 2019 Kohl’s Has Soft Q1, but Active Still Going Strong
The active segment was a bright spot for the retailer in a disappointing first quarter, comping positively led by active apparel with a mid-single digit improvement driven by gains from Nike, Under Armour and “significant” growth from Adidas. Sierra Opens Four Stores in Q1
As parent TJX continues to build Sierra into more of a brick-and-mortar retailer, it raised the store count in Q1 to 39 from 35 and increased the square footage to 900,000 from 800,000. Riddell Awarded $5 Million in Patent Suit
The helmet maker’s 2016 suit against Schutt parent Kranos Corp. ended with a No. IL District Court jury finding in Riddell’s favor and awarding it $5 million in damages after less that a day of deliberation.
The mobile bike shop franchisor closed a financing round from a fund operated by Canadian PE firm MacKinnon, Bennett & Company, with the money to be used for putting more of its mobile shops on the road in North America. Etcetera: REI, Adidas, Kappa, Sierra Designs, BlackYak
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