June 08, 2020
As the country grapples with the George Floyd killing and protests, Adidas is called out by black employees in the U.S. as 13 employees formed a coalition aimed at creating rapid change in the brand’s diversity.
JCP is planning to close 154 of its 846 U.S. stores, mostly mall locations, according to a court filing, in the first wave of about 242 total closings the bankrupt retailer intends.
The bankrupt Canadian retailer listed C$133,876,097 ($100.1 mm) in liabilities as part of its Notice of Intention to Make a Proposal filed with trustee Ernst & Young.
Athleta’s online-only men’s athletic spinoff will be wound down gradually over the next year, after failing to gain the traction in men’s apparel that has given competitor Lululemon such a tailwind lately.
The percussive therapy gun maker is suing Golovan Ltd. and Dezhou Fitness Equipment Co. in Miami federal court over the companies’ Kraftgun, which it says infringes on its D877,351 design patent.