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Lululemon's Best-Selling Black Leggings Pile Up at Outlet Stores

Lululemon's Best-Selling Black Leggings Pile Up at Outlet Stores

Bloomberg2 days ago
Lululemon Athletica Inc. is facing slowing sales, fewer store visitors and waning demand for its iconic black leggings as the yogawear retailer tries to pull itself out of a rough patch.
Lululemon's core black leggings, which are vital products that rarely are discounted, are piling up at outlet stores, according to Randal Konik, an analyst at Jefferies. That's an alarming issue for Lululemon, he added, showing erosion in core demand for the brand's clothes.
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Elkhart dam will not receive additional advocacy funding
Elkhart dam will not receive additional advocacy funding

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Elkhart dam will not receive additional advocacy funding

GOSHEN — The Elkhart County Council on Thursday voted against additional funds that would support measures to preserve the Elkhart dam. Elkhart County Commissioner Susie Weirick told the council that RJL Solutions, an advocacy and lobbyist group out of Terre Haute, was working with the county to advocate for the protection of the dam as the licensure is up for renewal in 2025 and federal operating license is set to expire in 2030. 'We needed some assistance in lobbying and advocating for the Elkhart dam and it's retention and relicensure,' she explained. The current owner of the dam, AEP, has since made a public announcement to make 'permanent repairs' to stabilize the dam. Weirick said they will drive piles into the riverbed to stabilize the dam. 'They cannot announce yet that they will keep this in their plan but we are very hopeful and we are anxiously awaiting some situations outside of Indiana to find out what that is, and when they do announce it, we have a lot of support from them. So we're expecting them to move along positively,' she said. So far, commissioners have funded RJL with about $36,000 toward advocacy for the dam and they requested from the council from the General Fund an additional $16,000 as they begin discussions with Indiana's Secretary of Energy and Natural Resources and the Federal Energy Regulatory Commission. 'The current goal is to hope that the federal regulation commission will support the application for more than the minimum — the minimum is 10 years,' Weirick said. 'It would be a great goal to have them extend the permit for up to 50, although that's unrealistic. We will be needing to advocate for that. We will also need to advocate with the Indiana [Utility] Regulatory Commission on their timelines as well as all the regulations that go around repairing the structure, the utility powerhouse and the area around the dam.' Weirick said the process is cumbersome and having the support of RJL Solutions in Indianapolis would be of great benefit. Councilman Doug Graham said he believed the advocacy group was originally engaged to convince AEP to tackle the project, with the agreement ending back in June. When asked how they help, Weirick said they've answered questions, helped prevent legislation to protect commissioners from broad removal without due process, advocate for the wheel tax and worked against SB 1. Weirick said she's also been told there is environmental pressure to remove the dam, but she doesn't know for sure. Councilman Graham also noted that the company was hired for the dam, but used for other things. Councilman Tom Stump said the council should support the appropriation because entities that are skilled in certain issues should handle those issues. Councilmen Doug Hess, Randy Yohn and Stump voted in favor of the appropriation, but Adam Bujalski, Steve Clark, Graham and Darryl Riegsecker voted against it, so the motion failed. OTHER BOARD ITEMS • The council also did not approve final design and bid documents to bid the Lily Greenway project from the C.R. 6 and C.R. 17 Improvement TIF. Elkhart County Redevelopment Director May Kratzer explained that the tax increment finance district captures $7.4 million per year and isn't expected to change much with the new tax laws related to SB1 so the money, $125,000 requested, wouldn't create a burden for the TIF. Still, the council did not approve the funding, less concerned about the immediate cost and more concerned about future maintenance costs. The property has been considered as a future county park, with a possible memorandum of understanding that the Osolo Township Trustee's Office would be responsible for maintaining the property. Councilman Clark said he's worried about what happens if the trustee's office becomes unable to maintain it financially due to tax decreases, as they are likely to see a much larger impact than the TIF district there will. The council seemed to mostly agree with Clark's concerns, with Clark, Riegsecker, Graham and Stump all voting against it and Bujalski, Hess and Yohn voting in favor. • The council reviewed and had hearings for five CF-1 forms compliances for local businesses to determine whether they should be held in compliance. Dynamic Metals and Furrion were both unanimously determined to be substantially compliant. Smoker Craft was determined substantially compliant as well but, it was not unanimous with Councilman Graham voting against it. Smoker Craft did not, in fact, meet their goals, however, it was noted and determined by the council's vote that it was due to factors beyond the company's control, namely current international relations with Canada. Steel Harbor and General RV Center were both unanimously deemed substantially not compliant. • Several appropriations for the IT Department were approved including funds to cover a gap with the county's Microsoft server license found through audit for $150,000 and funds to purchase shelf hardware for repairs rather than being charged a maintenance fee by CISCO at $75,000 • The Elkhart County Assessor's Office was approved funds to purchase, rather than lease, a copier for $17,000. • The council approved funds from an interlocal agreement with the city of Elkhart of a paving package on C.R. 6 between C.R. 9 and C.R. 11 for about $280,000. • The council approved $5,100 of donation from the commissioners for maintenance to the Parks & Recreation Department to cover the cost of part-time maintenance at Six Span Landing. • They also approved the annual contribution of $2,500 from the Elkhart County Historical Society for the department, which helps cover the cost of operations at the Elkhart County Historical Museum. • The council approved three items, totaling about $97,000, a supplemental fund that coincides with the initial grant setup for the fiscal year 2026 grant. It's the Juvenile Community Corrections Project Income Fund, correlating with the Juvenile Community Corrections Grant, supplementing salaries due to the grant no longer covering the total cost. Councilman Graham asked why the numbers should be approved, given the county's current policy that if the grant goes away the position goes away. Elkhart County Court Administrator Ross Maxwell said cost has to do with increasing pay scales and that grant used to cover payroll as well as some operational budget items which have also had to be moved to the project income budget. He said it's the first year they'd had to dip into the money to cover the costs. He also noted that it's not general fund money, but money garnered from fees from the department. • The Juvenile Detection Alternative Initiative Grant, totaling about $80,000 — an increase from last year, was also approved for the Elkhart County Judiciary. It contributes toward items like Teen Court at Bashor, some Boys & Girls Club programs, Lifeline programming, therapy dogs at the detention center and various ways to keep low-risk juveniles in the system engaged without being placed into the detention facility. • The health department requested approval of a grant that helps combat vaping and nicotine in the school systems. The council approved a grant for about $173,000 and another for $1,750 for staffing and programming from the Indiana Tobacco Prevention and Cessation Fund. Solve the daily Crossword

How VICI Properties, Open Text, And Hess Midstream Can Put Cash In Your Pocket
How VICI Properties, Open Text, And Hess Midstream Can Put Cash In Your Pocket

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time26 minutes ago

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How VICI Properties, Open Text, And Hess Midstream Can Put Cash In Your Pocket

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. VICI Properties, Open Text, and Hess Midstream have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 7%. VICI Properties VICI Properties Inc. (NYSE:VICI) is a real estate investment trust specializing in casino and entertainment properties. Don't Miss: Accredited investors can —with up to 120% bonus shares—before this Uber-style disruption hits the public markets Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — VICI Properties has raised its dividends every year for the last seven years. In its most recent dividend hike announcement on Sept. 5, the company increased the quarterly payout by 4.2% to $0.4325 per share, equaling an annual figure of $1.73 per share. More recently, in its dividend announcement on June 5, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 5.24%. VICI Properties' annual revenue as of March 31 stood at $3.88 billion. The company on April 30 posted Q1 2025 EPS of $0.58 and revenues of $984.20 million, both coming in below the consensus estimates. How to put $100 in your retirement fund each month with VICI Properties stock? Check out this article by Benzinga to learn more. Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's , starting today. Open Text Open Text Corp. (NASDAQ:OTEX) is an information management software company that helps companies organize, store, and protect their data. Open Text has raised its dividend consecutively for the last 12 years. In its most recent dividend hike announcement on Aug. 1, the board increased the quarterly payout by 5% to $0.2625 per share, equal to an annual figure of $1.05 per share. More recently, in its earnings announcement on April 30, it maintained the payout at the same level. The dividend yield on the stock is 3.70%. The company's annual revenue as of March 31 stood at $5.22 billion. In its Q3 2025 earnings release on April 30, it posted revenues of $1.25 billion, missing the consensus estimate of $1.28 billion, while EPS of $0.82 came in above the consensus of $ Midstream Hess Midstream LP (NYSE:HESM) owns, operates, develops, and acquires midstream assets and provides fee-based services to Hess and third-party customers in the U.S. The company has raised dividends every year for the last eight years. In its most recent dividend hike announcement on April 28, it raised the quarterly payout from $0.7012 to $0.7098 per share, which is equal to an annual figure of $2.84 per share. Currently, the dividend yield on the stock stands at 7.24%. Hess Midstream's annual revenue as of March 31 stood at $1.52 billion. The company on April 30 posted Q1 2025 revenues of $382 million and EPS of $0.65, both beating expectations. VICI Properties, Open Text, and Hess Midstream are good choices for investors seeking reliable passive income. Their dividend yields of up to 7% and long history of consistent hikes make them attractive to income-focused investors. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: If there was a new fund backed by Jeff Bezos offering a ? Image: Shutterstock This article How VICI Properties, Open Text, And Hess Midstream Can Put Cash In Your Pocket originally appeared on Sign in to access your portfolio

WNBA players take court at All-Star Game in warm-up shirts with message: 'Pay Us What You Owe Us'
WNBA players take court at All-Star Game in warm-up shirts with message: 'Pay Us What You Owe Us'

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time26 minutes ago

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WNBA players take court at All-Star Game in warm-up shirts with message: 'Pay Us What You Owe Us'

The WNBA's ongoing CBA negotiations became a subplot of the All-Star Game the second the players stepped onto the court. Each player, as well as Caitlin Clark looking on from the bench, wore a black shirt reading "Pay Us What You Owe Us." It was a clear message to the WNBA after a week of seemingly fruitless talks in Indiana ahead of the All-Star festivities. It's never a great sign for a league when ESPN is discussing its players' demands during the middle of its All-Star Game, but the matter was unavoidable for the broadcast thanks to the shirts and other messages from the players. The WNBA players opted out of the current CBA last October, setting an expiration date on Oct. 31. A work stoppage looms if the two sides can't come to an agreement before the start of next season. Many All-Stars were present at an in-person talk between league and union officials on Thursday. The result of that meeting was a statement from the players calling the league's current proposal unsustainable: "We've told the League and teams exactly why their proposal falls so short. This business is booming — media rights, ratings, revenue, team valuations, expansion fees, attendance, and ticket sales — are all up in historic fashion. But shortchanging the working women who make this business possible stalls growth. The only thing more unsustainable than the current system is pretending it can go on forever." WNBA commissioner Cathy Engelbert responded by painting the conversation as "very constructive" and saying she is "optimistic" a deal will get done. There are a number of issues for the two sides to iron out, from the freedom of players to participate in other domestic and international leagues during the offseason (which almost always pays more than the WNBA) to the longstanding dispute over travel accommodations. The biggest point of contention is, of course, the distribution of money in a league set to make a reported $200 million per year for its media rights and charging a $250 million entry fee from each of the three incoming expansion teams. The players have been open with their demands and unhappiness about the state of the talks during the All-Star break, while the WNBA has mostly refrained from speaking out in recent months. Saturday represented one more time in which the players are forcing the issue into the public sphere.

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