June 05, 2018 Genesco Has Loss against Profit as Lids, Schuh Losses Offset U.S. Shoe Biz
The net loss was $2,331,000 against a profit of $885,000 for the first quarter ended May 5, typically a low volume period for the company, as sales were flat at $644,959,000 compared to $643,368,000. Newell Brands Sells Rawlings to PE Group and MLB
Building on a recent trend where the leagues are increasingly looking at new ways to generate revenue from products, Rawlings will be sold to a Seidler Equity Partners fund that will also include Major League Baseball, Rawlings’ most important licensor by far. G-III Apparel Swings to Profit on Sales Gains
Net income was $9,885,000 against a loss of $10,391,000 in the first quarter ended Apr. 30 on sales that surged 16% to $611,743,000 from $529,042,000 driven by solid gains in wholesale sales. Cherokee Flips Flip Flop Shops
The licensing company has sold its 56-door franchised retail chain Flip Flop Shops to footwear maker Bearpaw Holdings. Etcetera: Gander Outdoors, Nike
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