September 26, 2019
The Trump Administration has put itself in a negotiating position that will make resolving the dispute between the two countries problematical and the Chinese are prepared for a lengthy battle, Frances Hadfield, a trade lawyer with Crowell & Moring in Washington DC told the SFIA Industry Leaders conference.
Retail/rental revenue increased 9% to $34,407,000 from $31,451,000 in the small final fiscal quarter ended July 31, driven by higher sales at stores near MTN’s western U.S. resorts and other stores in Colorado, plus incremental revenue from the newly acquired resorts.
After raising $1.1 billion in an IPO at $29 that valued Peloton at $8 billion, the exercise equipment maker shed over $1 billion in value on its first day of trading as shares traded down below $25 before making a modest rally.
Big Foot has invested $3 million in youth culture e-commerce and content platform NTWRK, as part of a $10 million series A financing round that also included an investment from Live Nation.
The winner of the fourth annual event, held at the SFIA’s Industry Leaders Summit this week, was software maker Miro, which has created algorithms that capture brand data from video and images of athletes in competition.
LULU dramatically scaled down its girls’-focused banner in 2017, closing over 50 stores to focus on online sales, and will close the remaining seven doors over the next year.
National parks saw 38,426,819 recreational visitors last month, down 1.9% from last year, while year-to-date visits were just above flat at 229,462,913.