Category: Apparel

JD Sports Agrees To Acquire The Finish Line

March 26, 2018 SGB Update

The Finish Line, Inc. announced that it has entered into a merger agreement providing for JD Sports Fashion Plc (JD.L) to acquire 100 percent of the issued and outstanding Finish Line shares at a price of $13.50 per share in cash representing an aggregate deal value of approximately $558 million.

Nike Eyes North American Comeback

March 23, 2018 SGB Executive

Aided by a strong response to new launches such as Nike React and Airmax 270, continued momentum in online sales and early success in pushing for further differentiation at its retail partners, Nike Inc. said its North America business is poised to return to growth mode.

Outdoor, Footwear, Fashion & Retail Industries Vocalize Opposition to Tariffs

March 22, 2018 SGB Executive

It’s not China that will be punished for stealing American intellectual property but instead U.S. companies and consumers that will feel the effects of President Trump’s move to impose $50 billion in retaliatory tariffs on Chinese imports. That was the message Thursday from numerous trade associations that represent industries whose products might be affected by Thursday’s decision to move forward with the new tariffs.

Nike Seeing “Significant” North America Reversal

March 22, 2018 SGB Update

Nike Inc.’s earnings in its third quarter ended February 28 came in well-ahead of Wall Street guidance while sales were slightly ahead. North American sales were down 4 percent in the period but Mark Parker, president and CEO, said the company is seeing “a significant reversal of trend in North America, as momentum accelerates through the scaling of new innovation platforms and differentiated Nike Consumer Experiences expand across the marketplace.”

1 … 761 762 763 764 765 … 1,813