March 06, 2020 Modell’s Plans to File for Chapter 11 Protection
The venerable sporting goods chain, which had been trying to restructure itself in recent weeks, told its associates and vendors that a bankruptcy filing will be made either Sunday or early next week. Imports Fall In Q4, With China Down Almost 20%
Double-digit declines in apparel and equipment imports and a small dip in footwear imports sent total industry imports down 7.6% in the final quarter of 2019 to $4,969.0 million from $5,380.0 million in Q4 ’18, and overall imports for the year ended up with just a 0.1% gain to $21,299.4 million from $21,271.2 million. Accell Back on Track after N.A. Disposal
The bike maker’s net income was just €2.8 million ($3.1 mm) in 2019, down from €20.3 million, but without the divested North American business, net income from continuing operations was up 52% to €59.3 million ($66.4 mm) from €39.0 million as revenues improved 8% to €1,111.0 million ($1,244.1 mm) from €1,033.3 million.
The Warriors forward will become the face of the Nike-owned brand in a multi-year deal set to commence now that his current contract to wear the Swoosh has expired, ESPN reported. Adidas Staffer Tests Positive for Coronavirus
The Big a reported that an employee at its Herzogenaurach headquarters that tested positive for the COVID-19 virus earlier this week has been sent home for a 14-day quarantine, as have others who came into contact with the person. Etcetera: Lacrosse Unlimited, MEC
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