October 22, 2020 Adidas Actively Exploring Sale of Reebok
The report in Manager Magazine will come as no surprise since Big a CEO Kasper Rorsted has made it clear almost from the beginning of his tenure in 2016 that the brand’s performance needed to improve or it would be divested. Athleta Targets $2 Billion in 2023 Revenues
Athleta CEO Mary Beth Laughton mapped out the women’s fitness brand’s path to doubling sales over the next three years during Gap Inc.’s 2020 investor meeting. Moncler Sales Slip 15% in Q3 on Continued Covid Impacts
The Italian luxury outerwear brand improved sequentially in the crucially important third quarter, but revenues still declined 15% to €361,815,000 ($423.2 mm) from €425,042,000, and were down 14% constant currency. SA Company Lands PE Investment
The vertical e-commerce outdoor apparel retailer has secured an unspecified investment from NYC-based private equity firm TZP Capital Partners III, LP.
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