January 09, 2019 House Introduces Legislation Tightening Background Checks
Five Democrats and five Republicans introduced a bill that will require background checks on almost every sale of a gun, including private sales in most instances, fulfilling a campaign pledge to make gun rights a central issue over the next two years even as the bill faces almost certain oblivion in the Senate and a Presidential veto. Nike, Flex End Partnership on Joint Plant
The Eager Beavertons and engineering powerhouse Flex quietly ended their partnership at the end of 2018 in Guadalajara, Mexico, saying the agreement to terminate the venture was mutual and Flex said it would re-purpose the plant to something other than footwear. Specialized Wins Delay in Roubaix License Rejection
The bike maker objected to ASE’s motion for authority to reject certain executory contracts with Specialized, specifically its license to make bicycles under the Roubaix trademark, which it first licensed from Advanced Sports in 2003 for the U.S. market. Zumiez Raises Guidance on Strong Dec. Sales
Total sales increased 3% from $164.6 million from $160.0 million in the five weeks ended Jan. 5, and comp store sales increased 4.9%, lapping a +7.9% comp last year.
JR286, which was contracted to operate the surf company by owner Marquee Brands, hired industry veteran David Orr to oversee all aspects of sales, product creation and operations for Dakine. GSM Outdoors Acquires Mainstream Holdings
Grand Prairie, TX-based GSM Outdoors, which has been on a buying spree lately, is acquiring the parent of tree stand brands Muddy Outdoors, Hawk, and Big Game. Etcetera: SFIA, Lacrosse Unlimited, Velocity Outdoor, POC
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