Sporting Goods Manufacturer Allegedly Engages In Fraudulent Trade Practices
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Case Overview
This case involves a defendant company that designed and manufactured large-scale retail sporting goods, such as goal posts. The plaintiff was a big box retailer that had a long-standing relationship with the defendant as a vendor of its products. The plaintiff vendor alleged that the defendants engaged in unfair trade practices, breach of contract, and intentional and fraudulent conduct in order to increase profit per sale. The plaintiff retail vendor alleged that the defendant manufacturer abused the partnership by fraudulently misleading the vendor by freezing out the vendor from other retailers causing millions of dollars in damages. An expert in supply chain management and retail sourcing was sough to review the case and discuss whether the defendant violated industry practices.
Questions to the Finance expert and their responses
Please discuss your experience with retail sourcing.
I have a great deal of experience with retail partnerships and accommodations based upon my 20+ years as an executive in the apparel retail industry. I am more than qualified to discuss professional standards for retail accommodations. My core competency is retail finance and I've done a great deal of financial analysis as it relates to retailers and wholesalers.
About the expert
This expert has more than 20 years of experience as a retail executive (Senior VP, Executive VP, Merchandise VP, and President) with Macy's, Bloomingdales, the U.S. division of a major dutch retailer Steinbach, and more. He has also spent 18 years as a financial advisor, equity analyst, and investment banker. He earned a BS in Retail Management/Marketing from Drexel University and has authored multiple publications in the retail finance space. Currently, he serves as the principal and co-president of a retail and consumer products financial services firm.

E-013176
Specialties:
About the author
John Lomicky
John Lomicky is a J.D. candidate at FSU Law with a multidisciplinary background. He earned his Bachelor's degree in Neurobiology and Near Eastern Studies from Georgetown University and has graduate degrees in International Business and Eurasian Studies. John's professional experience includes working in private equity as an Associate at Kingfish Group and in legal business development and research roles at the Expert Institute. His expertise spans managing sales teams, company expansion, and providing consultative services to legal practices in various fields.
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