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May 01, 2023 Clarus Ammo and Adventure Sales Slip in Q1
Net income dropped 70% to $1,598,000 in the first quarter from $5,309,000 last year on sales that were down 14% to $97,384,000 from $113,276,000, though Outdoor segment sales increased 2% (+5% CC) to $52.8 million. Adidas Faces Shareholder Suit over Yeezy Missteps
The Big a, along with former CEO Kasper Rorsted and CFO Harm Ohlmeyer, are being sued in a proposed shareholder class action that accuses the defendants of concealing problems in the relationship with Kanye West. Shoe City Asset Auction Date Set
Baltimore, MD-based ESCO, Ltd., which operated Shoe City stores, received court approval to auction off the bankrupt retailer’s intellectual property, store leases and related assets, with a May 12 deadline to submit qualified bids, and an auction on May 15, if multiple bids are received. Etcetera: Bass Pro Shops, The Athlete’s Foot, Rally House, Delta Apparel, GT Bicycles, Oofos
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