January 14, 2021
While the move was ostensibly in reaction to recent reports of human rights violations and up to 500,000 Uyghurs being forced to pick cotton there, it also provided an opportunity for the Trump Administration to take one more shot at China.
Google announced today with a post on its blog that it had closed its acquisition of Fitbit, but the U.S. Department of Justice has not approved the acquisition, though its own deadline of Jan. 13 expired without it lodging any objection.
Anta Sports provided an operational update for the fourth quarter and full year, noting that the Anta brand had low-single-digit retail sales growth in Q4, but was down mid-single digits for all of 2020.
Tea Olive I, the corporate name of the 25-door farm, hardware, outdoor and sporting goods chain, filed for Chapter 11 in MN bankruptcy court and will liquidate inventory at all stores with GOB sales starting immediately.
Succeeding his brother Tim after a two-year stint at the helm of the family-owned company, Dennis Leedom will lead the action sports helmet maker going forward from a new headquarters at Cordage Commerce Center in Plymouth, MA.
Designer and graffiti artist Leonard McGurr, who uses the pseudonym Futura, is suing TNF and parent VF Corp. for copying his distinctive swirled atom design with its Futurelight logo.
Sea to Summit is recalling about 18,250 Alpha and Sigma camping pots because the nylon latch can disengage from the pot and cause the handle to detach, posing burn and scald hazards.