|
July 16, 2020 Tilly’s Sales Slump During Q2, Some CA Stores Reclosed
Total sales were $101.8 million from May 3 through Jul. 14 compared to $112.4 million last year with brick-and-mortar sales down 37% to $60.7 million compared to $96.9 million, partially offset by a 166% increase in e-commerce sales to $41.2 million from $15.5 million. Stella’s Revenues Tumble in Q2 as Customers Cut Orders
The footwear maker’s sales slid 43% to $247.8 million in the second quarter from $435.4 million last year and it warned that the bottom line may fall into the red. Sporting Goods Sales Surge in June
Adjusted sales for sporting goods/hobby/book and music stores jumped 21% to $8,257 million last month from $6,845 million in June 2019, and were up 27% from May, according to Commerce Dept. data. LeMond Relocates, Raises $2 Million
LeMond Carbon, the composites business founded by Tour de France champion Greg LeMond, is moving from Oak Ridge, TN, to the LeMond Bicycle facility in Knoxville, according to the Oak Ridger. Descente China Holding Limited Reorganizes
The joint venture between Descente (30% ownership), Itochu (10%) and Anta Sports (60%) that operates 136 retail stores in Mainland China, Hong Kong and Macao, is carving out its Chinese intellectual property rights for Descente into a new entity. Nike and Adidas Rank Among Top-100 Brands
Nike and Adidas are once again the only two sports brands among the 100 “most valuable brands” in the annual rankings compiled by BrandZ, which have just been released by Kantar Millward Brown. Nike Sues Even More Online Counterfeit Sellers
The Eager Beavertons continued their legal assault on online marketplace accounts that are selling counterfeit Swoosh merchandise, in another suit filed in Chicago federal court. Etcetera: Dick’s, 360 Adventure Collective
|
