February 15, 2022
Seven years after a group of nine families, whose children or adult relatives were killed in the 2012 Sandy Hook Elementary School shooting sued Remington, four insurance companies will pay $73 million to settle the case.
The embattled connected fitness company lost several more senior executives, Bloomberg reported, citing inside sources.
Two dozen outdoor brands including Arc’teryx, Patagonia, and The North Face, along with retailers REI and Public Lands joined a statement from The Conservation Alliance pledging to boycott the Outdoor Retailer trade show if is was moved from Denver to Salt Lake City.
Net income surged 482% to €19.8 million ($22.6 mm) in 2021 from €3.4 million while the top line tallied €294.3 million ($335.5 mm) for the full year, up 13% over €261.3 million.
The Chinese shoe maker and retailer’s revenues jumped 12% in Jan. to $972,237,000 from $867,876,000 on strength from both manufacturing and Pou Sheng retail sales.
Hydrow is suing iFit Health & Fitness in DE federal court, accusing it of copying the original 2018 Hydrow Rower design with its new NordicTrack RW900 Rower.