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April 20, 2021


Nike’s Kobe Bryant Contract Lapses

Bryant’s widow Vanessa Bryant revealed on social media that the endorsement contract with Nike, which allows the use of the Kobe name on sneakers and apparel, expired on Apr. 13.

Delta Apparel Sales Expand 12% in March Quarter

DLA expects revenues for its second fiscal quarter to come in at about $108 million, a 12% improvement from last year, generating net income of $0.58 to $0.60 per share ($4.1 mm) compared to $0.19.

Athleta Plans Canadian Invasion

Gap, Inc.’s women’s activewear banner will launch e-commerce in Canada late this summer and open retail stores at Yorkdale Shopping Center in North York, ON, and Park Royal Shopping Centre in West Vancouver, BC this fall.

Under Armour Revises Plans for Port Covington HQ

Originally envisioned as a multi-building complex that would accommodate 10,000 workers, Under Dog has scaled back its plans for the Port Covington location and set a target of 2025 for the project to be complete.

Kappa Sales Grow High-Double Digits in China

China Dongxiang said that revenues from the Kappa brand grew in the mid-60% range in its fiscal Q4 ended Mar. 31, including low-seventies growth from stores and a high thirties gain from e-commerce.

Riddell Wins Partial Victory in Concussion Suit

The football helmet maker saw a No. IL federal court judge throw out the claim that the design of Riddell football helmets is defective, brought by of a group of former high school and college football players who had brain injuries.

Etcetera: Lululemon, Hibbett, Adidas, 3N2

 
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