August 06, 2019
After a day of turmoil in world stock markets as fears of an escalation in the trade war between China and the U.S. pummeled stocks, China set its daily trading range higher and calmed the markets.
Comprehensive net loss narrowed to ¥306 million ($2.8 mm) against a loss of ¥1,306 million in the fiscal first quarter ended Jun. 30 as sales dropped 4% to ¥29,479 million ($268.2 mm) from ¥30,776 million.
Skechers and Adidas have apparently reached a settlement in the dispute in which SKX sought a declaratory judgment that its Goldie - Peaks shoe, which features a solid side panel made up of four colored stripes, did not infringe on the Three Stripes mark.
TNF is making grants to 42 organizations that are removing barriers to outdoor exploration in the ninth year of the Explore Fund, which has awarded a total of $3.75 million to date.