July 11, 2023
Just weeks after the U.S. West Coast ports labor deal avoided a potentially disastrous shutdown, a strike at the ports of Vancouver and Prince Rupert north of the border and a looming July 31 strike deadline at UPS threaten the flow of goods.
The Chinese footwear maker and retailer’s manufacturing revenues tumbled 24% in June to an implied $448,767,000, contributing to a 19% decline in total revenues to $676,806,000 for the month.
NSSF-adjusted NICS FBI background checks tumbled 20% last month to 1,110,696 from 1,382,287 in June, 2022, when firearms sales were boosted by the Buffalo, NY, and Uvalde, TX, mass shootings.
The former Michaels Stores EVP and chief merchandising officer, Laura Denk, has been appointed EVP of DBI and president of DSW, reporting to CEO Doug Howe.
Started by Balega founders, Tanya and Bert Pictor, and former Brooks Running VP of sales, Luke Rowe, Jogology hosiery will be sold exclusively through the running specialty channel beginning in Sep.
The electric bike maker will close down operations in Europe to focus resources and efforts on North America, according to a post on its website.
Coats Group has inked a definitive agreement to sell its Opti Zips EMEA business to German-based Aequita, as it looks to accelerate sales and capitalize on its portfolio and footprint.
The Swiss running brand has entered into a CHF 700 million ($796 mm) multicurrency credit facility agreement with a consortium of lenders led by UBS Switzerland.
DECK filed suit in NY district court accusing Gina Group of infringing on an Ugg boot design patent with its Fifth & Luxe brand “Women’s Comfortable Microsuede Winter Boot.”