October 17, 2023
The Big a revealed that sales of leftover Yeezy inventory and better-than-expected business otherwise resulted in a 6% decline in revenues to €5,999 million ($6,528 mm)from €6,408 million, up 1% in local currencies.
Activist investor Engaged Capital said that VF Corp. suffers from bloated corporate overhead that is tanking shareholder value, in a presentation detailing its turnaround plan for the Vans and The North Face parent.
Adjusted sales of sporting goods/hobby/book and music stores fell 2.1% last month to $8,506 million from $8,690 million, according to Commerce Dept. data, following Aug.’s 1.9% year-over-year decline.
Gearhead Productions, which makes apparel, records and magazines, is suing AR-based outdoor retailer, Gearhead Outfitters in E. CA district court, accusing it of trademark infringement and unfair competition over its use of the Gearhead mark.