April 21, 2020
The preliminary release of results was short of the $11.5 billion analysts were expecting as the toll taken by the pandemic continues to expand.
Modell’s is asking the bankruptcy court to extend the suspension of its chapter 11 case through May 31, which includes postponing GOB sales at all its stores.
SP PF Buyer LLC, which does business as Pure Fishing, had negative free cash flow in 2019 on a 6% revenue decline, and ended the year with more than 9.0X leverage.
LULU moved quickly to head off a brewing controversy in China, after an art director, Trevor Fleming, linked to the anti-Asian t-shirt design on his Instagram account, according to Reuters.
Fazari has been leading the struggling apparel company on an interim basis since Marcello Leone stepped down last month.
The knifemaker dismissed its claims against AOBC over that company’s Old Timer knockoff of its patented RazorSafe replaceable blade knives.
Adidas is raising funds for the World Health Organization’s Covid-19 Solidarity Response Fund by adding an automatic $2 donation to purchases made on its app, and at Adidas.com and Reebok.com.