July 11, 2018
The second round of 10% tariffs on $200 billion in Chinese imports proposed by the Administration includes baseball/softball gloves, hockey and ski gloves as well as sports bags.
Arguing that Adidas’ legal theory is based on a liability from Rockport affiliates that didn’t exist, Rockport asked the court for a declaratory judgment that would invalidate its claim and allow the $150 million sale of its assets to Charlesbank be completed.
The teen retailer’s total sales increased 6.0% to $76.5 million from $72.2 million for the five-week period ended Jul. 7, with the 2.7% comp gain lapping a 5.3% increase last year.
The ratings agency said significant changes outlined in the company’s accelerated transformation plan precipitated the review, which will include a stress test of its operating performance in an economic downturn.
Expanding on its Gander RV strategy of opening RV dealerships in Gander Outdoors locations, CWH will also co-located Camping World stores with Gander Outdoors stores in 14 of those spots.
The Big a’s Run For The Oceans 2018 event attracted nearly one million participants and saw Adidas donate $1 million to help fund the Parley Ocean Plastic Program.
Ortovox is recalling about 27,000 transceivers because they are subject to a software error that can make them fail to transmit the position of survivors of an avalanche.