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May 18, 2020


New Virtual Trade Show Set for Outdoor Industry

It’s almost axiomatic in the trade show business that if one trade show shuts down or moves, a new trade show will start up in the vacant space and time slot, realizing that people will show up out of habit.

JCPenney Plans to Close 242 Stores

The bankrupt retailer said it will close a total of 242 underperforming locations, leaving about 604 stores operating in a financially sustainable operating company and a real estate investment trust.

Peloton Sues Icon Health & Fitness

PTON claims the NordicTrack parent has copied key aspects of its patented business model, by incorporating live, head-to-head competition between users of its exercise equipment.

Alpen Narrows Loss Despite Coronavirus Pressure

Net loss attributable to shareholders narrowed to ¥411 million ($3.8 mm) at the multi-banner Japanese retailer for the nine months ended Mar. 31 from a loss of ¥2,281 million last year on 1% higher sales of ¥166,950 million ($1,532.3 mm) up from ¥165,031 million.

Under Armour Elevates El-Erian to Lead Independent Director

Mohamed A. El-Erian, the chief economic advisor at Allianz, has been on Under Dog’s board since 2018, and succeeds former CIA director Buzzy Krongard, who had served in the role for 14 years.

Wolverine Worldwide Names Cat Footwear President

Chip Coe, a 10-year company veteran, was promoted to global brand president of WWW’s Cat Footwear division.

Deckers Sues Three More Companies over Knockoffs

DECK filed three lawsuits in Los Angeles federal court, accusing Slippers International and American Camel International of copying its Bailey Button boot, and Lucy Avenue of copying its Fluff Yeah slide.

Covid-19 Update: World Rugby, Vulcan, 3N2

World Rugby postponed this summer’s rugby union international schedule due to the Covid-19 pandemic.

Etcetera: German Precision Optics, The Conservation Alliance

 
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