July 20, 2021
Negotiations between the U.S. Department of the Treasury and the State Bank of Vietnam have apparently reached a successful conclusion, marked by the release of a joint statement on July 19 by Treasury Secretary Janet Yellen and the SBV’s Governor Nguyen Thi Hong.
The National Retail Federation’ annual Back-to-School survey is projecting that K-12 consumer spend will increase 8% to an average of $848.90, with apparel and shoes are both pegged to also turn in an 8% gain to $253.46 from $234.48, and $161.04 from $149.20, respectively, as more students return to classrooms full-time.
Following the months-long proxy battle with activist shareholder Legion Partners, GCO shareholders “overwhelmingly” chose the company’s candidates for its board of directors, according to a press release citing preliminary results.
The Chinese activewear brand reported low- to mid-teens growth from its Kappa retail stores and Kappa Kids’ stores on a year-on-year basis, in the fiscal first quarter ended June 30.
The Eager Beaverton have sued two companies that take Nike and Converse sneakers and modify and in some cases completely remanufacture them with custom materials and designs.
The cooler and drinkware maker is suing competitor, Hooked Coolers, in W. TX federal court, accusing it of selling knockoffs of its Roadie and Tundra coolers and Rambler tumblers.