May 15, 2019
The schedule released yesterday by the U.S. Trade Representative’s office fast tracks the public comment period with hearings set to begin in three weeks, which would allow for the Administration to make a decision on the final list of products and the amount of the tariffs sometime in July with the tariffs going into effect the following month.
With North America surpassing the home Korea market in sales, Fila reported a 21% increase in net income to KRW 96,210 million ($81.1 mm) from KRW 79,736 million for the first quarter ended Mar. 31 as sales leaped 23% to KRW 834,576 million ($703.5 mm) from KRW 676,917 million.
After being publicly shamed by disclosures on workplace culture and unequal pay for women in recent months, the Eager Beavertons are attracting more attention to their treatment of women with a story in the New York Times discussing their policies regarding sponsored women athletes who become pregnant.
Total revenues at the luxury outerwear brand increased 14% in the first quarter to €378.5 million from €332.0 million last year, including a 14% gain in retail sales to €291.4 million and a 15% rise in wholesale sales to €87.1 million.
Comprehensive net income at the world’s largest bike maker more than doubled to NT$909.3 million ($29.1 mm) in the first quarter from NT$402.4 million on 5% higher sales of NT$14,694.5 million ($470.2 mm) up from NT$13,974.3 million on higher e-bike sales to Europe and a recovering Chinese market.
The high stakes litigation over whether the NFL’s insurance companies will pay the settlement with the players over concussion injuries has resulted in the companies asking the courts to compel the league to honor subpoenas on what all 32 teams knew about the dangers of concussions.
The European lifestyle retailer, which is owned by German shoe retailer Deichmann Group, will re-brand KicksUSA’s stores and e-commerce site under the Snipes banner over the next few months.
Handgun imports were up 3% for the month to 231,445 units with a small decline in pistols more than offset by a big jump in revolvers, according to ITC data collected by the NSSF.
Adjusted sales for sporting goods/hobby/book and music stores continued a 17-month downtrend, falling 9% last month to $6,300 million from $6,889 million, according to Commerce Dept. data.