Lee Holman is parting ways with the yoga-centric brand for “personal reasons.”
Iconix also amended its term loan facility and reduced the line to $225 million from $300 million.
A patented bra design wasn’t enough to keep the rival athleticwear brands in court.
The ath-leisure retailer counts six stores and a burgeoning e-commerce business that accounts for half of total sales.
The athletic companies have diversified products and tapped hard-hitting influencers to secure gains in earned media value.
Moody’s said international operations for America’s biggest apparel companies will have profits ticking up next year.
A new Wells Fargo report says the ath-leisure boom times for athletic giants are looking close to over.
A shift in beauty standards, increase in sports participation and desire for fashionable athletic attire drives a new generation of Chinese women.
The yoga-centric brand will incur millions in costs related to store closures, but $4 billion in revenue by 2020 is still the larger plan.
The pop star discussed her second activewear collection, her workout routine and her upcoming release.
GlobalData said in a research report that the trend will push sales to 2.5 billion pounds.
The company also reaffirmed full-year guidance for 2017.