April 13, 2018 Retailers Cautiously Expand In 2018 after 2017 Contraction
It appears that the nadir of sporting goods brick-and-mortar retail was reached in 2017 when a three-year collapse in an over-stored market had a modest drop of 1.9% to 164,718,000 sq. ft. from 168,570,000 sq. ft. the year before, but a few re-launches of bankrupt chains and some cautious expansion among other industry retailers suggests that floor space will turn up a modest 3.1% in 2018 to 169,805,000 sq. ft. Amer Sports Restates 2017 on Accounting Change
Net profit was adjusted down by €0.4 million to €92.9 million ($104.7 mm) and revenues were increased by €24.1 million to €2,709.3 million ($3,054.5 mm) due to a new IFRS rule. Adidas Sues 53 More Counterfeit Sellers
The Big a claimed that the 53 named seller IDs on eBay, Bonanza, iOffer or Instagram were selling counterfeit Adidas and Reebok merchandise.
Bean is recalling about 600 Allagash fixed blade hunting knives with sheath, because the knife blade can cut through the protective leather sheath.
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