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February 01, 2022


America COMPETES Act Extends GSP and MTB, but not Tariff Exclusions

The House of Representatives unveiled the America COMPETES Act, its take on the Senate’s U.S. Innovation and Competition Act, which passed that chamber in June.

Report: Peloton Pulls Back Apparel Forecast

The connected fitness company cut its expectations for apparel sales this year to about $150 million, from its earlier projection of over $200 million, according to an internal presentation acquired by CNBC.

PGA Tour Superstore Continues Momentum

The golf and tennis specialty retailer achieved its goal of 50 stores last year, and has plans to open eight new doors in 2022, the first of which will open in Tampa, FL this week.

Stanley Sees Strong Growth in 2021

Pacific Market International said that its 109-year-old camping and drinkware brand had a stellar 2021, riding the strong expansion in post-pandemic participation in outdoor activities.

Nikwax Founder Nick Brown Steps Down

After 45 years leading the U.K.-based waterproofing tech company he founded, Nick Brown is retiring at the age of 67, and has turned over control to employees using an employee ownership trust.

Nike Suspends ManU’s Mason Greenwood

The Eager Beavertons suspended the 20-year-old Manchester United striker’s endorsement deal after he was arrested on suspicion of rape and assault over the weekend, and removed from training and game play by the club.

Etcetera: Foot Locker, True Fit, Clarus, Revo, Under Armour

 
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