November 16, 2020 Lululemon Starts Mirror In-store Test
With revenues projected to surpass $150 million this year and an 18-store test just now starting at its parent company’s retail stores, Mirror remains a fairly distant spec in Peloton’s rear view mirror, but as rear view mirrors unfailingly warn, “Objects May be Closer Than They Appear.” Fila Korea Gets Boost from Acushnet in Q3
Consolidated net profit slipped 3% in the third quarter to KRW 95,115 million ($80.1 mm) from KRW 98,450 million, on 6% higher revenues of KRW 917,431 million ($772.5 mm) up from KRW 866,986 million. Sequential Brands Reports Q3 Profit as CEO Exits
Net income was $4,437,000 in the third quarter against a loss of $18,680,000 last year, helped by a $3.7 million gain on the sale of two non-core brands in July, and lapping last year’s $33.1 million impairment charge in the period. Iconix Nets Big Gain from Trademark Sales
The licensing company benefitted from a $74.1 million gain from the sale of its interest in Umbro China ($59.6 million) and Starter China ($14.5 million), sending Q3 into the black with a profit of $45,726,000 against a loss of $35,708,000 last year. Eagle Nice H1 Profits Jump Higher
Net income attributable to shareholders in the fiscal first half ended Sep. 30 was HK$ 230,809,000 ($29.8 mm), up 45% from HK$ 159,082,000 last year, on 2% higher sales of HK$ 1,923,855,000 ($248.2 mm) vs. HK$ 1,891,994,000. Skechers Sued Over Sandal Straps
Impo International is accusing Skechers of copying its patented sandal upper designs in a suit filed in Central CA federal court. Etcetera: Puma, Lululemon, SFIA, Arctic Ice
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