June 15, 2018 Retail Compensation Essentially Flat In 2017
The 67 highest paid executives at public sporting goods retailers saw their total compensation decline 1% for 2017 to an average for those with comparable earnings in both years of $1,957,151 against $1,992,703 the prior year. Canada Goose Flies Higher in Q4, Full Year
The luxury outerwear maker swung to a profit of C$6,632,000 ($5.2 mm) against a loss of C$23,312,000 in the seasonally small fiscal Q4 ended Mar. 31, on revenues that more than doubled to C$124,821,000 ($98.7 mm) from C$51,096,000. Tariffs Imposed, But Not on Sporting Goods
The Administration said today it will go ahead with $50 billion in tariffs as soon as Jul. 6 on a shortened list of 800-900 Chinese products with tariffs on another few hundred to be imposed later after a public comment period. Puma Readies First Moves In American Basketball
The Big Cat is said to be near signing two NBA draft picks, Deandre Ayton from Arizona and Marvin Bagley from Duke. Another Shakeup at Iconix as CEO Departs
Peter Cuneo, executive chairman of the board, will become the interim CEO of the compnay for the second time, replacing John Haugh, who has resigned effective immediately. CrossFit Claims Reebok Owes $4.8 Million in Royalties
CrossFit, which awarded Reebok an exclusive license in 2010, says the Adidas-owned brand surreptitiously began paying royalties based on a fictional “wholesale equivalent price” rather than on net sales in a lawsuit filed in No. CA District Court. Eddie Bauer Names Damien Huang President
Following former-CEO Mike Egeck’s elevation to chief of the new PacSun-Eddie Bauer parent PSEB, Damien Huang was promoted to the top job there from his previous post as SVP of merchandising and design. |