August 20, 2018
SFIA and OIA testified against imposing tariffs on $200 billion of Chinese made goods at a hearing before the U.S. Trade Representative.
Results were hurt by the trucker strike that paralyzed Brazil for two weeks at the end of May, sending its Mizuno sneaker business down 8% to R$1,109 million ($281.7 mm) there and its sports apparel sales down 13% to R$292 million ($74.2 mm).
Comprehensive net income was HK$1,499,000 ($195k) down from HK$115,410,000 in the first half, including a HK$114 million negative swing in foreign exchange differences, on 19% higher revenues of HK$188,130,000 ($24.5 mm) vs. HK$158,728,000.
The Luxottica-owned eyewear brand says that Rochester, NY-based Smash It Sports has been selling eyewear using counterfeit reproductions of the Oakley trademarks.
National Park recreational visits declined 3% in July to 44,306,581 from 32,144,371 and were also down 3% year-to-date at 188,958,264 vs. 195,343,401.