July 07, 2020
Pre-tax income rose 8% to £375.3 million ($468.9 mm) from £348.5 million as revenues jumped 30% to £6,110.8 million ($7,635.1 mm) from £4,717.8 million with this year’s results including charges of £90.3 million in accounting and goodwill impairment adjustments.
Under Dog is looking to sell the food consumption and exercise tracking app and website that it acquired in 2015 for $475 million, according to a report in The Information, citing sources close to the matter.
The parents of 2-year-old Samuel Stallworth are suing Nike Retail Services and its Santa Monica store manager Wendy Magee, for accusing him of stealing a child-sized basketball which they had just purchased.
The down-under retailer said that Kathmandu brick-and-mortar same store sales are up 2.2% and online sales increased 78% in the six weeks from May 18 through June 28, now that many stores have reopened.
Several large national retailers, including DKS, Walmart and Target, have removed licensed Washington Redskins apparel and other items from shelves and websites, USA Today reported.
Uncharted Supply Co., which sells preparedness products, secured an unspecified Series A investment from Black Oak Capital.
Minor will take the helm of the PE-owned fishing gear company after a 37-year career with Strike King Lure Company, most recently as VP sales & marketing.
The Eager Beavertons added another case to the batch of lawsuits it’s filed in Chicago federal court so far this year, targeting hundreds more online marketplace seller accounts.