April 07, 2020
Two outdoor industry stalwarts signaled that they expect the impact of the coronavirus shutdown to last beyond the end of Apr. as VF Corp. said it would close all retail stores in North America until May 3 and EMEA stores until further notice while REI said it would begin an unpaid furlough for most retail and field employees starting Apr. 15 that would last 90 days, or until July 14, though it added that it hoped to begin curbside pickup service in 45 days at the end of May.
The PGA Tour has been scrambling to rearrange its 2020 schedule to postpone majors and other tournaments until the coronavirus pandemic hopefully dwindles.
The extended Chinese factory shutdowns after Lunar New Year caused by the coronavirus outbreak resulted in March retail imports that were down to an estimated 1.27 million Twenty-Foot Equivalent Units, 21.3% lower than last year, according to the NRF’s Port Tracker.
TSI Holdings has acquired 88% of Efuego Corp., the skate and snowboard retailer’s parent, which operates three stores in Portland, Eugene, and Bend, OR, as well as an active e-commerce business that accounts for over 90% of revenues.
The Eager Beavertons unveiled designs for full-face shields and PAPR respirator lenses to protect health care providers against the coronavirus, which use materials and components from their sneakers and apparel.