Search Results for: coronavirus

March 24 Coronavirus Notebook: New Impacts To Business

March 24 Coronavirus Notebook: New Impacts To Business

Fallout from the coronavirus pandemic continues to rankle the active-lifestyle marketplace. Most retailers have temporarily closed their doors. Sports leagues show no signs of resuming play. And now the Summer Olympics has been postponed until 2021. The ripple effect of the coronavirus (COVID-19) is reaching new pockets of the U.S. economy and will linger for months to come. (Read More)

Duluth Trading Slows Growth Plans To Absorb Coronavirus

Duluth Trading Slows Growth Plans To Absorb Coronavirus

Duluth Holdings Inc., the parent of Duluth Trading, plans to reduce new store openings and take other measures that will curtail expenses and capital spending in 2020 to weather the expected fallout from the coronavirus outbreak. Said Stephen Schlecht, executive chairman and CEO, "Our plans for fiscal 2020 made just a few weeks ago are already out of date and under review." (Read More)

Vail Resorts Projects Up To $200 Million Negative Impact From The Coronavirus

Vail Resorts Projects Up To $200 Million Negative Impact From The Coronavirus

Vail Resorts Inc. provided updated commentary on its fiscal 2020 results and the evolving impact of Covid-19 on its business and results of operations. The company projects its operating results for March and April will have a negative impact of $180 million to $200 million compared to the resort reported EBITDA the company had as of March 1. (Read More)

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