March 07, 2022
Net income nearly doubled in the final quarter to $14,046,000 from $7,069,000, on revenues that grew 56% to $118,183,000 from $75,947,000, helped by $23.8 million and $1.7 million from 2021 acquisitions Rhino-Rack and Maxtrax, respectively.
Kohl’s laid out its picture for top and bottom line results in the coming year, and the active, casual and outdoor segments that will contribute to the improvement, during its 2022 Investor Day.
More sports brands moved to suspend operations and shutter retail stores in Russia, in protest of that country’s invasion of Ukraine, and in response to logistical challenges that have resulted.
Nike has filed an opposition with the Trademark Trial and Appeal Board against Yums’ sneaker parent company, Already LLC’s trademark application for “Just Sue It”.
In the midst of a related suit infringing on the Three Stripes mark that dates back to 2019, the Big a is tangling once again with the CA-based apparel maker in Oregon District Court, accusing it of infringing on the trade dress of its Stan Smith sneaker.