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February 04, 2022 Kohl’s Rebuffs Offers, Sets Shareholder Rights Plan
KSS said it rejected the two go-private offers it received from Sycamore Partners and Acacia Research Corp., because they did not adequately value its future growth and cash flow generation potential of the company. Johnson Outdoors Net Tumbles on Lower Sales
JOUT net income declined 45% to $10,856,000 in the fiscal first quarter ended Dec. 31 from $19,847,000 last year on $153,524,000 in sales, down 7% from last year’s record $165,667,000. Alpen Sales and Profits Drop in First Half
Net income attributable to shareholders dropped 45% to ¥4,333 million ($39.5 mm) in the fiscal first half ended Dec. 31, down from ¥7,829 million the year before, as revenues slipped 6% to ¥112,900 million ($1,028.6 mm) from ¥120,539 million. Nike Sues StockX over Swoosh NFTs
The Eager Beavertons are accusing StockX of creating and selling Nike-branded sneaker NFTs without authorization, in a suit filed in SDNY federal court. IFit Files ITC Complaint Against Peloton
IFit Health & Fitness escalated its ongoing patent dispute with Peloton with an appeal to the U.S. International Trade Commission to ban imports of its exercise bikes. Etcetera: Arc’teryx, On Running
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