February 08, 2021
Net income fell 4% to $883,000 in the fiscal first quarter ended Jan. 2 from $923,000 as revenue inched down 1% to $94,723,000 from $95,889,000, hit by major inventory constraints after two hurricanes hit DLA’s Central American manufacturing facilities.
Datalogue is the Eager Beavertons’ newest tech acquisition to support its consumer direct acceleration and the first since John Donahoe took the reins at the beginning of last year.
PTON proposed a $600 million private offering of convertible unsecured senior notes due in 2026, with a 13-day option to purchase an additional $90 million if there is enough demand.
The mass merchant inked a partnership with the venerable brand’s owner, PSEB Group, that will bring Eddie Bauer men’s, women’s and kids performance outerwear and outdoor apparel starting in fall 2021.
The two wearables giants saw an International Trade Commission Administrative Law Judge issue an initial determination, finding that two of the patents asserted by Dutch multinational Koninklijke Philips were invalid.
The outdoor retailer was the only sporting goods company to run a Super Bowl ad this year, debuting its “Get Back to Nature,” 60-second spot last night.
The youth football organization sued HBI in Central CA federal court, accusing it of using the 87-year-old Pop Warner mark to advertise Champion apparel and football uniforms without permission.
Errol Andam, a former manager in the Eager Beavertons’ North American retail brand marketing division, embezzled at least $1,495,435.45 in pop-up store proceeds for his own use, according to charges filed in Portland, OR, federal court.