July 13, 2020
The two major outdoor chains signaled they were going in different directions in terms of staff needs as Cabela’s said it would add as many as 5,000 new employees to deal with an “unprecedented” wave of interest in outdoor products while REI said that around 400 of its furloughed employees will not be brought back when the furlough period ends Jul. 15.
Google’s acquisition of Fitbit enters the first round of decision-making this week in the European Union as the tech giant’s statement of concessions were due to European Commission regulators today.
As was widely expected, Washington’s NFL team ownership announced that it would stop using the Redskins name and imagery, yielding to pressure from FedEx, who has naming rights for its stadium, and Nike, Dick’s and other retailers who pulled its apparel from shelves and websites.
The Independent Court of Arbitration for Sport in Switzerland overturned the two-year suspension from the Champions League handed down by UEFA in Feb., which had found that Manchester City concealed equity funding as sponsorship contributions.
Handgun imports increased 17% to 301,180 units for the month, driven by a 23% jump in pistol imports partially offset by a 40% decline in revolvers, according to ITC data compiled by the NSSF.