August 17, 2021
Ho Chi Minh City officials extended social distancing mandates, including closure of non-essential business, through Sep. 15 after 70 days of distancing and partial lockdowns have not abated the Covid-19 outbreak that began in late Apr.
The Chinese sportswear brand’s net income attributable to shareholders was up 33% in the first half to RMB 401,435,000 ($62.2 mm) from RMB 301,966,000, as revenues climbed 16% to RMB 3,107,109,000 ($481.1 mm) from RMB 2,686,126,000.
Plaintiff Moshe Genack is suing in E. NY federal court, accusing the connected fitness company’s board of directors of violating the Exchange Act and breaching fiduciary duties, among other charges.
Adjusted sales for sporting goods/hobby/book and music stores increased 14% in July to $9,227 million from $8,108 million, and were up an impressive 35% against July 2019.
VirtualTraining, the Czech-based company that makes Rouvy virtual cycling and running software, has raised $6 million at a valuation said to be tens of millions of dollars.
Handgun imports increased 74% in May to 471,220 units, including a 73% gain in pistols and an 86% jump in revolvers, according to ITC data compiled by the NSSF.
The North Face and Spinnova, the Finnish sustainable material company, have partnered to develop new high-performance, sustainable textiles for the outdoor apparel category.