October 23, 2018 Shimano Net Gains on ForEx Gains
Net income improved 42% for the nine months ended Sep. 30 to ¥40,012 million ($355.0 mm) from ¥28,104 million as sales rose 3% to ¥253,923 million ($2,252.7 mm) from ¥245,969 million. AAFA, FLA Launch New Initiative on Forced Labor
The code developed jointly by the American Apparel & Footwear Association and the Fair Labor Association prohibits supply chain partners from allowing workers to pay for their jobs and guarantees that they will retain access to their travel papers. New Balance Signs High School Hoops Star
Darius Bazley will forego a year at Syracuse before turning pro in order to work for New Balance as an intern in a slot that will pay him $1 million without conditions and his contract could pay as much as $14 million if all incentives are reached. Rocky Brands Net Increased in Q3 as Margins Improve
Net income more than doubled to $5,045,010 from $2,234,764 in the third quarter, helped by better product margins and one time items on revenues that gained 2% to $65,915,564 from $64,675,082. Brooks Says Sales Jump Through Nine Months
The Berkshire Hathaway unit, whose global footwear sales last year were $463 million, said total sales year-to-date are up 29% in total, driven by a 32% increase in sneakers. Perry Ellis Completes Privatization, Delists
PERY shares ceased trading Oct. 22 after the $437.3 million acquisition by the company’s founder and former chief George Feldenkreis closed. REI Doubles Down on #OptOutside
The outdoor co-op will again close all of its 153 stores on Black Friday and pay its 12,000+ employees to spend the day outside with friends and family. CPSC Recall: Buoyancy Control Devices
Huish Outdoors is recalling about 3,400 Zeagle Sport buoyancy control devices because the inflator can break causing a rapid loss of air or auto inflation of the BCD. Etcetera: Columbia, Keen, GSM Outdoors
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