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Kontoor Brands Q3 sales up despite drop in China

Kontoor Brands Q3 sales up despite drop in China Kontoor Brands Inc. announced on Thursday revenue for the third quarter totalled $655 million, increasing 8 percent, driven by strength in U.S. wholesale and DTC, offsetting decreases in China revenues. Wrangler The owner…

Joules’ talks with Next hit hurdle

Joules’ talks with Next hit hurdle Struggling retailer JoulesNext Joules In its 19 August trading update, Joules admitted that recent trading has “softened materially” and H1 profits would be hit.  The two companies have since failed to agree the terms…

Dick’s Sporting Goods to shutter 11 Moosejaw stores

Dick’s Sporting Goods to shutter 11 Moosejaw stores Dick’s Sporting Goods plans to close all but three of the 14 of its Moosejaw stores, as the outdoor retailer’s parent looks to “operate more efficiently” across all its retail banners moving forward. Walmart/Moosejaw According…