June 09, 2021 Tariff Relief Passes Senate, Heads to House
The U.S. Innovation and Competition Act, as amended to include Section 301 tariff product exclusions, a Generalized System of Preferences reboot, and a Miscellaneous Tariff Bill extension, passed the Senate with a 68-32 vote.
The Japanese sportswear company, which sells 18 brands there including The North Face, Helly Hansen, Canterbury and Danskin, is targeting ¥125 billion ($1.15 billion) in revenues by the fiscal year ending Mar. 2026, with operating income of ¥21 billion. Eliasch Steps Down as Head’s CEO
Johan Eliasch has resigned as CEO of Head, effective immediately, to become president of the International Ski Federation (FIS). CPSC Recall: Water Bottle Caps
CamelBak is recalling about 59,000 caps that were sold with Podium and Peak Fitness water bottles, because a small silicone valve in the caps can come loose and detach, causing a choking hazard. Etcetera: Anything Possible, Seirus, Rally House, NoSweat, Mountainsmith, Canyon
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