Tennis Industry To Hold Meetings In NYC Aug. 27-28

In conjunction with the 11th annual Tennis Forum in New York, the Tennis Industry Association will present a special session on “The Future Commerce Initiative” by renowned industry expert and thought leader Dan O’Connor. The session, which will deal with how tennis businesses can navigate the complexity of retail in today’s world, will be at the Grand Hyatt New York on Tuesday, Aug. 28, from 9 to 11 a.m.

Perry Ellis Ends Discussions With Randa Accessories

The special committee of the Perry Ellis International board of directors on Tuesday confirmed that the committee has terminated discussions with privately held Randa Accessories Leather Goods LLC with respect to the offer to acquire Perry Ellis for $28.90 per share in cash.

REI To Open First Store In Memphis, TN

Outdoor co-op REI will open the company’s first store in Memphis, TN, on August 24. The new 23,000-square-foot store will offer a wide assortment of quality outdoor gear, experiences and expertise, as well as a full-service bike shop.

Shred415 Reaches Franchise Agreement Milestone

Shred415, a high-intensity interval training fitness concept, celebrates the company’s one-year franchising milestone with the announcement that the company has 51 signed franchise agreements across the United States.

Ever-Glory Revenue Increases 11 Percent In Q2

Ever-Glory International Group Inc., a China-based retailer of branded fashion apparel and a global apparel supply chain solution provider, reported sales for the second quarter ended June 30 of $88.5 million, an increase of 11 percent from $79.8 million in the second quarter of 2017.

Yue Yuen Revenue Up 7.2 Percent In First Half Of 2018

Hong Kong footwear manufacturer Yue Yuen Industrial (Holdings) Ltd. reported revenue for the six months ended June 30 grew 7.2 percent to $4.8 billion. Profit declined 41.9 percent to $150.1 million from $258.5 million the same period last year, and basic earnings per share declined 41.8 percent to $9.14 from $15.71.

America’s Cup Announces 2018 Hall of Fame Inductees

The Herreshoff Marine Museum/America’s Cup Hall of Fame will induct John K. Marshall, Doug Peterson, Syd Fischer and Ken McAlpine into the America’s Cup Hall of Fame on August 31, 2018 at the Royal Yacht Squadron in Cowes, England.