Industry News

Under Armour presented its first New York Fashion Week collection Thursday when it unveiled Under Armour Sportswear, its fashionable take on performance sportswear. About 300 people crowded in a waterfront warehouse-- a stone's throw from the Brooklyn Bridge-- to see the latest creations from Belgian designer Tim Coppens, who is the executive creative director for the collection. The collection, which ranges in price from $59 for..."/>
Under Armour presents first New York Fashion Week show [The Baltimore Sun]
Sears Holding Corporation spokesperson said Friday. "Until then, the store will remain open for customers," said Howard Riefs, director of corporate communications, Friday morning, calling the closure a "difficult but necessary decision." The store will begin its liquidation sale on Thursday, Riefs said."/>
Abilene's Kmart to close in mid-December, company says [Abilene Reporter-News, Texas]
Mattress Firm Holding Corp., the nation's largest mattress retailer, today announced the completion of its previously announced acquisition by Steinhoff International Holdings N.V.. The acquisition was first announced by Mattress Firm on August 8, 2016 and closed and became effective today. Steinhoff completed the acquisition of Mattress Firm concurrently with payment for the previously tendered shares in accordance with the merger agreement through a merger..."/>
Steinhoff Completes Acquisition of Mattress Firm
Williams-Sonoma, Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $0.37 per common share. The dividend is payable on November 23, 2016 to stockholders of record as of the close of business on October 27, 2016. As of August 28, 2016, the Company had 88,528,172 shares of common stock outstanding."/>
Williams-Sonoma, Inc. declares quarterly cash dividend
BorgWarner Inc. announces the following Webcast:. If you are unable to participate during the live webcast, the call will be archived at. BorgWarner Inc. is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles."/>
Webcast Alert: BorgWarner 2016 Third Quarter Results Conference Call
Arctic Cat Inc. today unveiled its second wave of new 2017 model year ATVs and side-by-side recreational off-road vehicles, including new Wildcat™ X and Wildcat™ 4 X models that feature an all-new RG™ PRO rear suspension, and a value-priced Alterra™ 300 ATV. This Smart News Release features multimedia."/>
Arctic Cat Introduces Second Wave of 2017 ATV and ROV Models
Tesla Motors' bid to open retail stores here, once again sending a message to the upstart automaker that it is not welcome in the state. Any Michigander who wants to buy a Model S or Model X will have to drive to Chicago, Cleveland, Columbus, Cincinnati or Indianapolis where the Palo Alto-based Tesla operates galleries, mostly in upscale shopping malls. Tesla wants to sell its high-end battery-powered cars directly to..."/>
It's final: Michigan won't let Tesla open a dealership in Grand Rapids [Detroit Free Press]
Elio Motors, Inc., the start-up vehicle manufacturer planning to launch a three-wheel vehicle that will get up to 84 mpg, today announced it continues to have excellent success securing binding commitments as it quickly approaches 65,000 total reservations. On Aug 12, the company announced a set $7,300* base price for the Elio for "All In" non-refundable reservation holders, up to 65,000 total reservations. "Since this announcement, the response..."/>
Elio Motors Continues to Secure Binding Commitments for its Ultra High-Mileage, Low Priced Vehicle
Apple, Amazon and Google, according to The Guardian. Citing an analysis by Georgetown University, the publication reported that the hundreds of thousands of congregations across the U.S. collectively are equivalent to the 15th largest national economy in the world. The analysis calculated the $1.2 trillion figure by..."/>
BRIEF: Religion in U.S. worth $1.2 trillion a year, news website says [NOLA Media Group, New Orleans]

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