HBI has settled a proposed class action relating to a May 2022 data breach, pending final court approval, which compromised employees’ personal information such as birth date, banking, driver’s ...
AS launched a public offering of 34,000,000 shares of its stock, plus up to an additional 5,100,000 shares for an underwriters option. Before the announcement, shares were trading at $26.33, implying ...
Hong Kong-based footwear maker Stella Int’l.’s sales slipped 1% in the final quarter to $377.7 million from $380.3 million, but grew 4% for the full year to $1,504.5 million from $1,454.3 million.
Negotiators for the International Longshoremen’s Association and United States Maritime Alliance have agreed to terms of a new six-year master contract less than a week before the union’s strike ...
Following Allison Boersma’s appointment as CEO at the beginning of the year, Riddell elevated Thad Ide to chief product officer and Michael Oller to EVP of revenue and customer experience. Ide most ...
The Chinese sportswear brand said its retail sell-through increased high-single digits for the fourth quarter, noting the retail discount level was around 25-30% this year, on par with last year. For ...
CROX and its subsidiary, Jibbitz, filed suit in S. NY district court accusing Jinjiang Hobibear of infringing on its trade dress and patents with its copycat clogs. According to the suit, the ...
As its transformation program hits the 18-month mark, the luxury brand will work to boost operating margin and improve its store fleet this year, building on workforce reductions and ongoing expansion ...
The ratings agency upgraded the league licensed kids’ apparel maker’s corporate family rating to Caa1 from Caa2 and its senior secured non-extended term loan to Caa2 from Caa3, while assigning a Caa2 ...
Branded rugged outdoor footwear sales pulled up sharply after 2022’s 16.4% jump, slipping 2.2% in U.S. dollars to $6,194 million from $6,334 million based on our research with input from the Outdoor ...
Excalibur Crossbow is recalling about 15,000 C2 Crank Cocking Aids because the crank hooks can break during use, causing plastic projectiles to fly off and hit users. Owners should contact the company ...
The Eager Beavertons and Vanessa Bryant have reached an agreement to extend the late Kobe Bryant’s endorsement deal with the Swoosh that expired on Apr. 13 last year. The extension will see Nike ...