Apparel Updates

Big 5 Posts Q1 Loss, Sees May Sales Recovering

Big 5 Posts Q1 Loss, Sees May Sales Recovering

Big 5 Sporting Goods Corp. reported a loss in the first quarter ended March 30 that came in line with projections provided in late February and said April's comps tumbled 39 percent due to store closures tied to the pandemic. However, May's sales and merchandising margins are seeing an uptick as stores reopen. (Read More)

Golf Retailing Recovering

Golf Retailing Recovering

As the percentage of golf retail stores open to foot traffic continues to increase, a growing number of golfers indicate their concern for visiting physical store locations is subsiding, according to the National Golf Foundation’s latest industry-wide surveys. (Read More)

Li & Fung Completes Privatization

Li & Fung Completes Privatization

Li & Fung Limited, the largest sourcing agent in the global apparel business, announced the company will delist from the Hong Kong Stock Exchange at the close of trading on Wednesday, marking the successful completion of its privatization process. (Read More)

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