February 27, 2019 Congress Passes Huge Land Bill, Authorizes LCWF Permanently
The 363-62 vote in the House followed a 92-8 vote ion the Senate two weeks ago to protect some 2.5 million acres in Utah, California, Oregon, New Mexico and Washington. Adidas Names Martin Shankland to Head Operations
He will succeed Gil Steyaert who left the company to pursue other professional opportunities. Military Trainers Will be Made in USA
The U.S. military has awarded New Balance, Propper International and San Antonio Shoe new contracts to supply the Defense Department with trainers for recruits under the Berry Amendment. Fitbit Swings to Profit from Loss in Q4
Net income was $15,372,000 against a loss of $45,470,000 on flat sales of $571,199,000 compared to $570,756,000 as a lower gross margin of 38.0% against 43.6% last year was more than offset by dramatically lower spending on sales, marketing and G&A expenses. China Dongxiang Net Drops on Higher Sales in 2018
Comprehensive net income slipped 63% in 2018 to RMB 478,597,000 ($72.3 mm) from RMB 1,288,571,000 on 17% higher revenues of RMB 1,706,366,000 ($257.9 mm) up from RMB 1,455,331,000. Fox Factory Finishes another Strong Year
Net income jumped to $20,135,000 from $2,802,000 in the fourth quarter, lapping a one-time $9.3 million tax charge in 2017 due to the Tax Act, as revenues surged 29% to $156,810,000 from $121,093,000. Rapala VMC Bounced Back in 2018
The Finnish fishing equipment maker’s bottom line loss narrowed to €3.3 million ($3.9 mm) in the second half of 2018 from a loss of €3.5 million, on 7% higher sales of €119.9 million ($141.6 mm) up from €112.4 million. Sierra Trading Post Ends 2018 with 35 Doors
The TJX-owned omnichannel outdoor retailer did not add any new stores in the final quarter of 2018, ending with 35 locations covering about 800,000 sq. ft.
The Eager Beavertons join the parade of brands suing Chinese companies in Northern District IL for trademark violations with a suit against Onemix. Etcetera: Slingerbag, Equip Outdoor Technologies, Academy
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