January 28, 2019
The federal district court ruled that the non-compete agreements that employees signed to get stock as employees and severance after the Bass Pro merger were unenforceable because they had the effect of preventing competition in violation of NE state law rather than protecting legitimate confidential information.
FBI background checks, as adjusted by the NSSF, finished the year with a 7.8% decline to 1,494,087 in Dec. from 1,621,261 last year.
U.S. leisure footwear sales rose 11% in the Oct. –Dec. period to $4.2 billion from $3.8 billion at retail value, more than offsetting a 2% decline in U.S. performance footwear sales to $1.6 billion from $1.7 billion, according to NPD.
A second settlement agreement that guarantees individual claimants will receive at least $10 per pair of New Balance shoes that were labeled Made in USA was approved by a San Diego federal court.
The Swiss outdoor brand is opening a new regional sales and marketing office in the RiNo neighborhood of Denver.