July 11, 2019 Back-to-School Spending Up Slightly for 2019
Consumers will spend a total of $519 per student this year compared to $510 in 2018, with clothing and accessories remaining the largest component of the budget at $15.0 billion out of the $27.8 billion in total spending, according to a survey conducted by Deloitte. Pentland Top Line Soars 39% in 2018
Driven by the stellar performance of JD Sports Fashion, Pentland Group recorded an overall increase in revenues of 39% to £5.1 billion ($6.4 bb) for its financial year ended Dec. 31. Acushnet Buys Golf and Skiwear Maker Kjus
GOLF is acquiring the Swiss high-end golf and ski apparel brand that was launched in 2000 by Norwegian ski champion Lasse Kjus and Swiss entrepreneur Didi Serena to capitalize on Kjus’ five medal performance at the 1999 World Ski Championships. Rapala VMC Takes Stake in 13 Fishing Parent
In addition to acquiring an unspecified percentage ownership in DQC International, the Finnish fishing giant will become the distributor for 13 Fishing brand rods and reels outside the U.S. Gildan Sees Court Uphold $2 Million Award
The Dallas, TX, District Court judge denied former Alstyle Apparel parent Ennis, Inc.’s motion to vacate the arbitration award to Gildan for reimbursement of a severance payment to a former executive. Etcetera: The North Face, Lululemon
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