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RUN-DMC SUES WAL-MART, AMAZON FOR $50 MILLION
The lawsuit alleged that the retailers have improperly profited, diluted and harmed the Run-DMC brand, which it said has generated more than $100 million in revenue since its inception in the 1980s.
Read MoreSEARS HOLDINGS OBTAINS $200 MILLION LETTER OF CREDIT
The letter of credit, which was provided by ESL Investments, provides the company with additional liquidity to fund its operations.
Read MoreFABLETICS HAS STRONGEST YEAR TO-DATE, WILL OPEN MORE STORES IN 2017
The men’s and women’s athleisure company will open 12 new retail locations in 2017, adding to the 18 existing locations that started opening in the fall of 2015.
Read MoreATHLETIC APPAREL COMPANY VIRUS LAUNCHES ONNIT COLLABORATION
The new Virus x Onnit collection consists of four pieces, which range from $38 to $66, and includes a men’s active short, a compression short, a tank, and a compression pant.
Read MoreBARNEYS NEW YORK OMNI-CHANNEL PROVIDER MI9 RETAIL TO EXPAND OPERA...
The company began its Miami-based operations in 2014, and expects to employ more than 100 people there in 2017.
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