April 09, 2019
Comprehensive net income jumped 53% at the outdoor co-op to $46,753,000 in 2018 from $30,490,000 the year before on 6% higher revenues of $2,781,909,000 up from $2,622,776,000.
The Trump Administration is opening a 301 Investigation into subsidies that it claims the EU provides to Airbus in violation of WTO rules, and ski suits (6112.20.20), women’s recreational performance outerwear (6202.99.12), women’s and girls swimwear (6211.12.40 and 6211.12.80) and hunting knives (8211.92.60) are among the products that are on an initial list for retaliatory tariffs.
Majority Action and the Interfaith Center on Corporate Responsibility announced they would ask shareholders to withhold their votes for the company’s chairman, Michael Jacobi, and Sandra Froman, a director and past president of the NRA, because of what they see as a lack of responsiveness to the vote they won last year requiring a report to shareholders on the safety of its products.
Mike Ashley lost out on his bid to become CEO of the troubled UK department store chain, as its lenders forced it into a form of bankruptcy called pre-packaged administration, in which shareholders are wiped out and the company can be sold to pay lenders.
February retail imports fell 4.0% to 1.62 million Twenty-Foot Equivalent Units according to the NRF’s Global Port Tracker, falling well short of the 1.79 million TEU forecast.
The outerwear maker will add to its 11-door footprint with six new stores opening in the Fall and Winter of 2019, including two in Europe, one in the United States and three in Canada.
The former Adidas executive convicted in the Hoopgate scandal has agreed to pay N.C. State and the University of Kansas a total of $342,437 in restitution for the value of scholarships and legal fees.