March 19, 2020
A letter from more than 100 associations representing importers, including SFIA, OIA, FDRA, the AAFA and the NRF, asking for relief from the tariffs imposed by the Administration fell on deaf ears as the President Trump flatly refused to consider lifting the tariffs and used the occasion to again misstate that China was paying the tariffs.
DKS, which had previously tried to keep almost all of its stores operating, albeit with reduced hours, has decided to close all Dick’s, Golf Galaxy and Field & Stream locations for two weeks and reopen on Apr. 2.
Net income gained 11% to RMB727,652,000 ($105.3 mm) from RMB656,518,000 at the running-focused Chinese apparel and footwear brand, on 28% higher sales of RMB8,182,721,000 ($1,184.5 mm) up from RMB6,383,165,000.
Net income at the Chinese apparel and footwear brand jumped 42% to RMB432,403,000 ($62.6 mm) in 2019 from RMB303,665,000 on 9% higher sales of RMB5,631,866,000 ($815.3 mm) vs. RMB5,187,446,000, helped by a move to more expensive, higher-end products.
Net income increased 5% in the fourth quarter ended Jan. 31 to $25,288,000 from $24,080,000 on sales that slipped 2% to $754,617,000 from $766,785,000.
The National Parks Service shuttered over 400 parks in areas impacted by coronavirus, or where large crowds in confined spaces are common, including the Washington Monument, Ellis Island and the Statue of Liberty.
C3 Manufacturing is recalling about 1,100 Perfect Descent Auto Belay model 220 climbing devices because they can loosen, causing slack on the rope which could allow the climber to fall.