October 11, 2023
The German sandal maker made its NYSE debut Wed. with its IPO at $46 per share, coming in at the lower end of its $44-$49 range announced in its prospectus earlier this month, but shares declined sharply in early trading and closed off nearly 13% at $40.06.
Ex-Numero Uno, now owned by Authentic Brands Group, has teamed-up with two former NBA stars from its past, appointing Shaquille O’Neal as Reebok’s president of basketball and Allen Iverson as vice president of basketball.
Yue Yuen’s manufacturing segment revenue dipped 26% last month, the fourth consecutive month of declines, to an implied $393,784,000 from $531,743,000 last year.
Iconix Brand Group’s former CEO, Neil Cole was sentenced to 18 months in prison after a Manhattan federal court found him guilty of fraudulently inflating the company’s revenue and earnings per share.
The electro-optics, night vision, and thermal imaging company named Mark Tarakanov, one of AGM’s original founders, as its new president.
SKX revealed in a release that it obtained a European Union-wide preliminary injunction against Dockers by Gerli for infringing on its Hands-Free-Slip-Ins design patents.