IKEA reported full-year earnings of EUR 34.1 billion, and plans to test “open-source” design and full-range town-center showrooms as part of its efforts to adapt to rapidly changing consumer shopping habits.
Columbia was awarded $3.018 million in damages for the infringement of its Omni-Heat reflective patent. Seirus continued to sell its infringing product after a judge granted Columbia motion in August 2016.
California shoppers suing TJX Corp in a class action suit over deceptive marketing practices on the company's price tags are now asking the court for an $8.5 million dollar settlement to cover the 8 million member class.
French Connection had some good news on Tuesday with an improving performance and Veryexclusive's Sarah Curran joining the board. But its turnaround is still far from certain as losses continue and sales are still down.