US: Collective earnings hit by K-Swiss and Adidas litigation
By just-style.com | 5 September 2008
US footwear chain operator Collective Brands has posted second quarter 2008 net earnings of US$8.1m, down from $24.9m in Q2 last year, but including $36.2m in pre-tax expenses related to litigation associated with K-Swiss and Adidas court rulings.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
SWITZERLAND: Calida profit slumps 30.7% in 2008
Swiss underwear company Calida Group has posted an annual net profit of CHF10.6m (US$9.06m) for the "economically difficult" full-year 2008, declining in comparison with the previous year by 30.7%.
US: Phoenix may sell ops as CEO, CFO step down
Phoenix Footwear Group's CEO and CFO have resigned as part of a major restructuring of the company, which has signalled that it may sell off or close down some operations.
GERMANY: Adidas and Ukraine sign football deal to 2016
Adidas Group and the Football Federation of Ukraine (FFU) have announced a long-term partnership until the end of 2016.