July 19, 2023
A tentative agreement to end the Canadian West Coast port strike fell through Tuesday, and 7,500 dock workers at the ports of Vancouver and Prince Rupert resumed their strike.
Net income for the bike rack and travel accessories company fell 14% in the second quarter to SEK 539 million ($51.3 mm) from SEK 626 million, on 9% lower revenues of SEK 3,029 million ($288.1 mm) from SEK 3,314 million, that would have been down 15% constant currency.
The Chinese sportswear brand continued its momentum from Q1, posting a high-teens increase in retail sell-through for the core Xtep brand in the second quarter of 2023, including both stores and online channels.
The fast growing Kennewick, WA-based carbon fiber composite company is moving its manufacturing operations to Asia and is welcoming back its founder Junus Khan as president.
Brooks Running tapped TrusTrace, a supply chain traceability and compliance software company, to assist the footwear company in identifying and mitigating responsible sourcing risks.
Recreational visits to National Parks declined 5% last month to 35,776,388 from 37,538,075, but remain just positive in the first half of 2023 at 141,804,741 against 141,263,232.