November 03, 2020 Nike Ups Layoff Headcount to 700
The Eager Beavertons filed a state notice upping the number of layoffs at its headquarters from its previously announced restructuring by 200. Technogym’s DTC Business Booms but Club Sales Tumble
The Italian fitness equipment maker’s sales declined 24% in the third quarter to €129,091,000 ($151.0 mm) from €169,502,000, and were also down 24% for the first nine months of 2020. Pentland Names New Speedo Chief
Pentland Brands named Kev McFadyen, previously brand director of Berghaus, as global brand director of Speedo, succeeding Rob Hicking in the role. Gun Demand Remains Strong in Election Run-up
NSSF-adjusted NICS FBI background checks continued their streak of over-50% gains for the eighth straight month, as heated pre-election rhetoric and demonstrations have added to fears created by the coronavirus pandemic and social unrest. Mountain Equipment Coop Exits Bankruptcy Under PE Ownership
U.S.-based Kingswood Capital has closed on its acquisition of the Canadian outdoor coop’s assets, and reiterated its commitment to keep 21 of MEC’s 22 stores open and hire over 85% of the active staff. Tony Hawk Sued Over Skateboard Art
Artist Wesley Humpston is suing the skate legend, along with actor Jack Black and skateboarding and social media company The Berrics, for using his skateboard designs in the Tony Hawk’s Pro Skater video game. Etcetera: REI, Ocmulgee Outfitters, Exped USA
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