For the second quarter of 2016, licensing revenue at Iconix Brand Group was approximately 95.7 million dollars, a 2 percent decline as compared to approximately 97.4 million dollars in the second quarter of 2015. "Over the past few months, we have conducted a broad strategic review of our company, our […]

L Brands reported net sales of 777 million dollars for the four weeks ended July 30, 2016, an increase of 2 percent, compared to net sales of 759.5 million dollars for the four weeks ended August 1, 2015. Comparable sales increased 2 percent for the period under review. The company reported net sales […]

A string of overseas investments has shone a new spotlight on Chinese conglomerate Fosun, after the mysterious disappearance -- and re-emergence -- of its tycoon chairman rattled investors. In the space of three days last week, the Shanghai-based company bought a stake in an Indian drugmaker for 1.26 […]

Adidas Group currency-neutral sales increase 21 percent in the second quarter of 2016, driven by strong momentum at both Adidas and Reebok. In euro terms, Group revenues grew 13 percent to 4.422 billion euros (4.928 billion dollars). In the first half of 2016, Group revenues increased 21 percent on […]

Wolverine Worldwide has announced the appointment of Mike Jeppesen, President of Wolverine Worldwide's Global Operations Group, to an expanded role as President of the Wolverine Heritage Group, which includes the Wolverine, Bates, Harley-Davidson and HyTest brands. He succeeds Ted Gedra, who recently […]

Zumiez total net sales for the four-week period ended July 30, 2016 increased one percent to 61.9 million dollars, compared to 61.4 million dollars for the four-week period ended August 1, 2015. The company's comparable sales decreased 2.9 percent for the period under review compared to a comparable […]

The pressure is on. There’s less than 24 hours to go until the biggest sporting event of the year and the trend towards healthy lifestyles and fitness obsessions continues to rise, making the Rio Olympic Games 2016 potentially one of the most lucrative sporting events to date. High-profile sponsorship […]

American leather goods and luxury brand Coach has announced the sale-leaseback of their global headquarters at 10 Hudson Yards in New York City. The company received a purchase price of 707 million dollars (net of 77 million dollars due to the developer of Hudson Yards) before transaction costs of 26 […]

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